Despite Manny Pacquiao and prominent members of his team confirming that a fight with Floyd Mayweather is signed and sealed, Showtime’s Stephen Espinoza says there is no contract of any kind to speak of.
Pacquiao, his advisor Michael Koncz, and even Top Rank supremo Bob Arum himself have made it public that the ball is firmly in Mayweather’s court to finally make the fight official, although Espinoza refuted all three’s statements when taking to his social media account.
“Signing what? No contract has been drafted yet. What the hell is everyone signing?” questioned Espinoza, before the executive was asked whether negotiations were ongoing for the proposed $250m clash. “Yes, we’re still trying to make the fight.”
On the subject of Pacquiao v Mayweather being agreed in principle, Espinoza was just as blunt with his response.
“You can sign a contract in principle? Must have missed that day of law school,” he said.
Trying to interpret what all this means for the fight is becoming quite confusing for the fans, although in Arum and Pacquiao’s defense, both saying that they have ‘signed off’ on the contest could really mean that they have given all control to Mayweather. Pacquiao could well have just ‘signed off’ all agreements on the contract following his 60-40 split and drug testing being laid out previously, leaving Mayweather to actually draft the official document of which the ‘Pacman’ will have already given the green light.
Obviously that is just speculation right now as Mayweather has done his level best to keep the deal as quite as possible, whilst Pacquiao continues to call on his arch-rival to put the fans out of their misery and call a press conference.
Showtime and HBO are still rumoured to be conversing over sharing the PPV rights to Mayweather v Pacquaio.