The Pacquiao-Mayweather boxing match scheduled for March 13 has been cancelled, according to Bob Arum, Pacquiao's promoter, as reported by ESPN's Dan Rafael recently.
The two-day marathon meeting being mediated by retired federal court judge Daniel Weinstein ended Thursday on a sour note from Pacquiao's promoter Bob Arum.
ESPN.com reports:
"The fight's off," Arum, who promotes Pacquiao, said from Las Vegas.
The fight died after a last-ditch attempt at mediation failed.
Arum said Pacquiao would move on and likely fight junior middleweight titlist Yuri Foreman on March 13 or March 20.
Top Rank chairman Bob Arum
said he is still under a gag order from mediator and retired judge Daniel Weinstein not to discuss the situation. However, Arum plans to announce on Thursday plans for a March fight in Las Vegas between Pacquiao and WBA junior middleweight champion Yuri Foreman.
When asked if the Pacquiao-Mayweather fight is indeed off, Golden Boy Promotions CEO Richard Schaefer said: āāIām not going to confirm or deny anything. At this point, we have no comment," the Las Vegas review Journal reported.