According to Dan Rafael of espn.com, the first day of a mediation process to hopefully resolve the differences between the camps of Manny Pacquiao and Floyd Mayweather lasted nine hours on Tuesday but did not produce a resolution for the proposed March 13th mega-fight to go forward.
Top Rank’s Bob Arum and Todd duBoef, along with their legal team, Golden Boy’s Richard Schaefer, Oscar De La Hoya, their legal team, and Mayweather manager Al Haymon spent the day with mediator Daniel Weinstein at offices in Santa Monica, Calif., hoping to pave the way for potentially the richest fight in boxing history.
“Mediation is still ongoing,” one of Top Rank’s lawyers told ESPN Deportes’ Jaime Mota.
Weinstein has placed a gag order on all parties.
It is unclear if the talks will resume on Wednesday.
They had agreed to everything in the deal except for the method of drug testing for the boxers.
Although the Nevada State Athletic Commission, which would oversee the bout, requires only urine testing, Mayweather has insisted on random blood testing. Both sides have already agreed to unlimited random urine testing.
Pacquiao (50-3-2, 38 KOs), who didn’t want any blood testing, agreed to take three blood tests: one during the week of the kickoff news conference, which would take place next week if they can make a deal, one random test to be conducted no later than 30 days before the fight and a final test in his dressing room after the fight. Mayweather (40-0, 25 KOs) would be subject to the same testing procedures.
Besides Weinstein trying to mediate a resolution to the drug testing issue, there is also the matter of the defamation lawsuit Pacquiao filed last week in Nevada U.S. District Court against Mayweather Jr., Schaefer, De La Hoya, Floyd Mayweather Sr., Roger Mayweather and Mayweather Promotions.
Pacquiao alleges that they made false and defamatory statements and sullied his reputation by accusing him of taking performance-enhancing drugs. Pacquiao denies he has ever used PEDs and has never failed a drug test.
At issue is also Golden Boy’s continued involvement in Pacquaio’s contract. With Golden Boy representing Mayweather and allegedly accusing Pacquiao of using performance enhancing drugs, Arum believes it has diminished Pacquiao and that Golden Boy should no longer be entitled to share in the money his bouts generate, especially when it also is making money off Mayweather.
If the mediation fails, Arum has repeatedly said he will match Pacquiao with junior middleweight titlist Yuri Foreman, whom he also promotes, on March 20 at the Thomas & Mack Center in Las Vegas so Pacquiao could attempt to win a title in a record-extending eighth weight division.
Mayweather could still fight on March 13 at the MGM Grand and potentially face former junior welterweight titlist Paulie Malignaggi.
