Mayweather Versus Pacquiao Fight Finalized

It’s final and official. Floyd Mayweather Jr. and Manny Pacquiao have signed a deal to fight on March 13, 2010 at a still undecided location to finally determine who is the real pound-for-pound king.

Undefeated Mayweather (40 wins, 25 by knockout) has agreed to fight Pacquiao (50-3-2, 38 by knockout) in a 147-pound limit class with the right to choose any eight-ounce glove brand.

With regards to the money, a 50-50 split has been decided with each player guaranteed of $25 million which can go up between $30 million and $50 million after ticket sales. It is expected to break profits-record set by the Mayweather-Oscar De La Hoya fight in 2007.

The schedule was also set several days before the Filipino star is set to campaign for his bid of a congressional seat in the province of Saranggani in Southern Philippines.

Three sites are being considered for the much anticipated fight: MGM Grand in Las Vegas, the new Cowboys stadium, also in Vegas and the Louisiana Superdome in New Orleans.