BREAKING NEWS: PACQUIAO ACCEPTS EXISTING OFFER TO FIGHT HATTON

By Dong Secuya


Bacolod City -- After a long night and as the sun glimmers in the Philippines' eastern sky Friday, Pacquiao has finally gave the nod to his team to accept the existing offer from the Hatton camp to maybe finally seal the May 2 Pacquiao-Hatton superfight at MGM Garden Arena in Las Vegas. Pacquiao and his team are currently in Manila.

Pacquiao friend and confidant Rex 'Wakee' Salud informed PhilBoxing about the good news. The final financial deal is a 12 million dollar guarantee for Pacquiao and 52-48 PPV share in Pacquiao's favor.

The negotiation has been derailed after Pacquiao demanded a 60-40 PPV sharing in his favor from a 50-50 sharing being stipulated in the original contract. The Hatton camp countered with a 52-48 sharing in Pacquiao's favor and gave Pacquiao a Wednesday deadline to sign the contract. The fight has been called off as of yesterday when Pacquiao refused to budge as both parties issued statements blaming each other for the failed negotiation. read more