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article imageOp-Ed: Pacquiao-Floyd Fight Fiasco Falls Primarily on Promoters

By Edwin Ladaga     Jan 7, 2010 in Sports
The boxing public seems to be pointing their fingers towards Pacquiao and Floyd Jr. for their failure to agree on a fight contract. The fiasco are not totally their fault. The boxing promoters also played a key role in how the negotiations fell through.
Everyone knew beforehand that Floyd Jr. and his camp is not easy to deal with during fight negotiations. He has a history of demanding things that are not possible for opposing camps to agree with. Examples of these Floyd maneuvers is clearly recorded in his dealings with Shane Mosley and Margarito representatives in the past. Floyd had effectively priced himself out of these challenging match-ups.
Pacquiao, on the other hand, has a history of demanding a better share of the purse pie as demonstrated during his fight negotiations with Oscar De La Hoya and Ricky Hatton.
Bob Arum of Top Rank and Richard Schaefer of Golden Boy promotions knew pretty well the background of these fighters and how difficult they are during negotiations. Yet, they have committed a big blunder by announcing the match to the boxing public without even thinking that Manny Pacquiao and Mayweather Jr. hasn't signed any fight contract.
Big venue bosses of the Dallas Cowboy Stadium, Staples Center in Los Angeles and the MGM Grand of Las Vegas have been squabbling and outbidding each other in order to stage the fight. They even themselves didn't look that the boxers haven't sign the important piece of paper.
The big heads of the boxing world, were all thinking that the fight would push through because they think that the fighters cannot turn their back on the millions of money they would earn. Wrong. It wasn't the money that was the big stumbling block. It was all about pride, honour and ego of fighters and their representatives that stopped the fight. In the boxing world, money talks but human egos talk even better.
If there is one lesson to learn in the whole Pac-Floyd negotiation blunder, it is the idea that promoters should never announce a match until the boxers have sign a fight contract. Following this simple rule would not only give boxing a good name. It would also prevent the diminishing numbers of boxing fans from deserting the sweet science and from being disappointed when a megafight like that of Manny and Floyd ,does not happen.
This opinion article was written by an independent writer. The opinions and views expressed herein are those of the author and are not necessarily intended to reflect those of
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