By Paul Strauss: The latest news release reveals Manny Pacquiao is dropping his defamation lawsuit against the Mayweathers in exchange for an undisclosed settlement. In addition, the Mayweathers have to endure some humiliation by releasing a statement explaining they never intended to imply Manny used PEDs, and none of their previous comments should in any way be construed as such. Talk about foul tasting!
Don’t you find it interesting this is coming soon after a judge ordered Floyd Mayweather, Jr. to pay Manny’s legal fees? The judge apparently felt Floyd failed to cooperate. Floyd’s reason or alibi’s given for failing to appear on prescribed dates for depositions were not acceptable. Another way of looking at it is Floyd was refusing to comply with his legal obligation to be deposed. At least that’s the way the judge looked at it. The possibly of giving testimony under oath was obviously not something Floyd, Jr relished. That possibility was harder to swallow than the crow he is now eating.
Alas, it’s a safe bet the undisclosed amount Floyd, Jr. has agreed to pay to Manny is going to be somewhere close to five percent of the projected purse for their long awaited and hoped for match. Remember, just a few days ago, Manny announced he would take 45% to Little Money’s 55%.
Back in March 2011, I wrote
(Photo credit: Naoki Fakuda/Dibella) By Joseph Herron: On November 24th, Andre Berto and Cornelius Bundrage will return to the ring in a superb match-up for K 9’s coveted IBF Junior Middleweight Championship.
By Rob Smith: Former WBC middleweight champion Julio Cesar Chavez Jr. (46-1-1, 32 KO’s) is getting off without much punishment from the World Boxing Council for having tested positive for marijuana for his last fight against Sergio Martinez on September 15th. Chavez Jr. will receive a $10,000 fine and will be asked to attend a rehabilitation treatment class by the WBC.
By Rob Smith: Floyd Mayweather Jr. and Manny Pacquiao have reach an undisclosed out of court settlement to resolve Pacquiao’s defamation lawsuit against Mayweather. The terms are confidential, according to AP. Each party will pay for their own attorney fees for the case.
By Rob Smith: Ricky Hatton reportedly will be revealing who his next opponent during a press conference this Friday to discuss his upcoming comeback fight on November 24th in Manchester, England. It was thought that Australian Michael Katsidis would be Hatton’s next opponent, but those rumors were quashed earlier today when Katsidis’s agent Matthew Tripp told Sky Sports News “At this stage there has been no discussions. But it is something that we would consider depending on the purse and depending on the weight.”
By Michael Collins: Former WBA heavyweight champion David Haye desperately wants to get a fight against WBC heavyweight champion Vitali Klitschko before the 41-year-old longtime World Boxing Council champion retires from the sport. However, there are limits to what Haye is willing to put up with in order to get the fight. Haye doesn’t want to fight Vitali in his native Ukraine because he feels it could be dangerous for him to travel there due his fears of being attacked by racist people.
By Padraig Ivory: When the hand was dealt for the young Sergio Martinez it was immediately evident that no picture cards had come to the table. From the outset a tough and challenging life lay ahead for the Argentinean native. Now 37 years removed from those humble beginnings that same boy has not only established himself as a picture card of the boxing deck, but rather emphatically as the undisputed poster boy of the middleweight division.