Manny Pacquiao has stepped up to Floyd Mayweather challenge, saying he's willing to fight the undefeated American boxer at the end of May.
Mayweather, who recently called out Pacquiao on Twitter, told the Pacman to "Step up punk."
Pacquiao's adviser, Michael Koncz, said in a text message that the Mayweather fight should be at the end of May instead of May 5. Koncz says:
"Be your own boss Floyd and fight at the end of May, for the economic reason of earning the extra income from the bigger stadium... the earliest this can be constructed is the end of May."
Pacquiao also confirmed through a separate text that he's willing to fight Mayweather at the end of May.
The "bigger stadium" that Koncz referred to is an outdoor stadium that can seat 45,000 to 50,000 people. Sources say that holding the fight at the temporary stadium will mean a difference of around $40 million.
If the Pacquiao-Mayweather fight is held on May 5th, it will most likely be held at the MGM Grand Garden Arena, which seats around 16,500 people.
"In order to maximize revenue for the fight, you have to have a stadium larger than 16,500... "The (temporary stadium) wouldn't be ready with any degree of certainty in the beginning of May. It would be available at the end of May."
"If we do it on May 5, we would be limited pretty much to the MGM Grand, and we would probably do a gate of $20 million, a record gate. If we did it in this new temporary arena for 45,000 people, we would do a gate of around $60 million."
Source - ABS CBN
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