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De la Hoya: Pacquiao-Mayweather almost a done deal

By: abs-cbnnews.comPosted On: 06/14/2010 4:14 P

 Golden Boy Promotions President Oscar de la Hoya spilled the beans on the confidential negotiations for the super showdown between top pound-for-pound fighters Manny Pacquiao and Floyd Mayweather, Jr.

In an interview with Spanish broadcasting network Univision, de la Hoya said they are “very close in finalizing the contracts that were once very complicated.”

“I think right now we are very, very close in finalizing the contracts. I can't talk right now in detail about the negotiations but I will say that we are very close,” de la Hoya was quoted by TheBoxingTruth.com.

The negotiations are being done by Pacquiao’s promoter, Top Rank, Inc. big boss Bob Arum, and Mayweather’s representative, Golden Boy Promotions CEO Richard Schaefer.

“Up until now, it's been a very difficult negotiation process for various reasons but right now we're very close,” added de la Hoya.

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