Pac vs ODLH: Pac declines offer

[Lance Uppercut]

Both have agreed to meet at 147 lbs (or less) during the official weighin

8 oz gloves will be used

The clash being penciled for the 17,000-seat MGM Grand.

As per Fightnews.com

It also noted that Pac will officially sign/decline to sign the final contract tomorrow.


In the event the De La Hoya fight doesn't happen, Arum will pit Pacquiao against Humberto Soto of Mexico on Nov. 1 at Planet Hollywood in Las Vegas.(fightnews.com)

Update: Fightnews has reported that Pac has declined Goldenboy's 70/30 offer, and will begin negotiations with Soto. Pac had demanded a 60/40 split with Oscar taking the lion share.


Here is a comment from Dan Rafael of ESPN.COM/Boxing about the offer:

"Pacquiao and promoter Bob Arum certainly are asking for a huge piece of the pie in the negotiations for the fight with De La Hoya, but, hopefully, they won't get too greedy and kill the fight. Yes, Pacquiao deserves his fair share, but De La Hoya is still the A-side of the equation and whatever Pacquiao earns -- at least $10 million to $15 million -- would be (by far) the biggest purse of his life."