Pacquiao-Mayweather: Pacman Agrees to the Terms

It's nearly done, should it be finalized!

ESPN is reporting that the Pacquiao vs. Mayweather fight is almost finalized. This comes just days after Floyd Mayweather agreed to the terms that promoters Bob Arum of Top Rank and Richard Schaefer of Golden Boy had agreed upon.

Following that breakthrough, Arum flew straight to the Philippines so he could meet with his star fighter, currently the number 1 pound for pound boxer in the world. Over a breakfast meeting, Pacquiao apparently was satisfied with the terms of the bout.

Could it be, a mega-fight in boxing that both stars have made extremely easy to navigate and negotiate? Anything can happen, and until the names are signed on those contracts, nothing is official. Still, this is extremely great news for boxing fans, considering the magnitude of the potential Floyd Mayweather vs.Manny Pacquiao bout.

If Pacquiao vs. Mayweather is to be finalized, it seems that a few more details have been worked out since the last news from earlier in the week. It now seems that March 13 is a near lock to be the date of the event.

Another issue that could have been a potential snag in negotiations seems cleared up as well. Apparently Pacquiao and his team are fine at fighting at the full welterweight limit of 147 lbs. This is a change in stance from Pacquiao's recent bout with Miguel Cotto.

The change in opinion could either be due to 1) the increased importance of this bout, 2) Mayweather's superior bargaining position as opposed to Cotto or 3) the fact that Mayweather is not a large welterweight, and so any weight or strength advantage would not truly be present in the bout.

One thing that remains unclear as to this point is where the fight will be held. As previously reported, Dallas, New Orleans and Las Vegas are all still in the running. If the fight lands in Vegas, a 30,000 outdoor stadium will likely be constructed to accommodate the masses.