ESPN is reporting that both Leonard Ellerbe and Golden Boy President Richard Schaefer have confirmed that negotations are off between the Mayweather and Pacquiao camps due to a notification by the Pacquiao camp that they will pursue a 4th fight with Juan Manuel Marquez rather than a May 5 date with Mayweather. “We have been informed that Bob Arum is not interested in pursuing a fight between Mayweather and Pacquiao at this time,” Schaefer said.
Apparently Schaefer learned of the Pacquiao camp’s position in an email from retired federal judge Daniel Weinstein. Weinstein is the mediator who has worked closely with both sides to settle the numerous lawsuits between the parties.
“I am sick and tired of Bob Arum twisting the truth. It’s another case of ‘yesterday I was lying, today I’m telling the truth,’ ” Schaefer said, invoking Arum’s most famous quote. “The truth of the matter is that we received this afternoon an email from retired federal judge Daniel Weinstein, who has informed us that Top Rank is pursuing a rematch with Marquez and, therefore, is not interested in immediate talks for a possible Mayweather-Pacquiao fight. This is obviously as clear as it can be that they have no intentions of making a Mayweather-Pacquiao fight. Therefore, Floyd Mayweather will have no other choice than to move on and identify and lock in another opponent for his ring return on May 5.”
ESPN contacted Arum who denied having authorized any email to be sent, but he did confirm that Top Rank is pursuing a fourth fight with Marquez. “We are pursuing a fourth fight with Marquez. As far as doing anything definitively, we aren’t ready to do anything definitively. When we are ready to make a determination of what we are going to do, we will do it. We are not going to do this in the press. We will do what is in the best interest of ourselves and our client and make a decision when it’s time to. If we decide we want to do a rematch with Marquez, there is no reason to sit down with Mayweather. If we want to explore a Mayweather fight, we will sit down with them. But I’m not going to sit down with them just because it’s a good show.”
Ellerbe is quoted by ESPN as saying:
“In my opinion, you have three cowards — Bob Arum, (Pacquiao trainer) Freddie Roach and Manny Pacquiao. Now we all know the truth once and for all why this fight hasn’t been made. It should be clear to everyone that they don’t care what the fans want, especially when Floyd is ready, willing and able to fight Manny Pacquiao now. Floyd said if this isn’t clear, he doesn’t know what is.”
“All along we know why the fight isn’t being made. This is the perfect opportunity. Both guys just fought. This is the fight the fans want to see, and it’s a disgrace that they are not willing to give the fans what they want. In my opinion, there are three reasons why Arum doesn’t want the fight. He knows there is no way that Manny Pacquiao can win, it kills his cash cow, and he wants to do in-house fights where he controls both sides. I said all along why this fight hasn’t been made to this point. Manny Pacquiao knows, Bob Arum knows and Freddie Roach knows.”