After American promoter Bob Arum’s”final counter offer” was quickly turned down by Mayweather’s chief adviser, Leonard Ellerbe, and negotiator, Richard Schaefer, anticipation of recovering the megafight between Manny Pacquiao and Floyd Mayweather Jr. are slim.

Arum, which is the main man of Top Rank, had given the Mayweather camp until yesterday to decide on his final proposal regarding the blood tests issue, that both parties let the Nevada State Athletic Commission to make the final decision. Pacquiao’s camp has agreed to three blood tests but was again unacceptable to Mayweather.

It’s always been Vegas, where it didn’t come as a surprise that the megafight will take place.  There is no other place to hold it that Vegas, that’s where the money is. And definitely it will be in the MGM Grand. The choice was based on both fighters’ familiarity with the location and also on their past success there.

Pacquiao has fought six times at the MGM Grand, winning four (against Lehlo Ledwaba, Oscar dela Hoya, Ricky Hatton and Miguel Cotto), losing once to Erik Morales and drawing once with Juan Manuel Marquez. Mayweather, on the other hand, has fought six times at the MGM during his unbeaten run of 40 fights. His wins at MGM came against Gregorio Vargas, Diego Corrales, Jose Luis Castillo, Dela Hoya, Hatton and Marquez.

We last heard of the news that Manny Pacquiao agreed to fight Mayweather, but we don’t know then was if Floyd Mayweather will be accepting the fight, that is, will he agree with the negotiation. The answer is here:

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Manny Pacquiao agrees to fight Floyd Mayweather, Jr tentatively on March 13, 2010. Seven-division boxing champion Manny Pacquiao has agreed to fight Floyd Mayweather Jr. next year, a television report said Friday night.

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Team Philippines A–Efren “Bata” Reyes and Rubilen “Bingkay” Amit, bagged the 1st World Mixed Doubles Classic title at the Nuvo City Lifestyle Center in Libis, Quezon City, Thursday night,  after edging Korea in an exciting finals match.

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Bob Arum, who is a Top Rank boss, is currently in the Philippines. He will be talking to seven-time world boxing champ Manny Pacquiao into sealing the deal for the much-awaited fight with former pound-for-pound king Floyd Mayweather Jr. 

 ”I’m obviously over here to talk to Manny,” Arum told LAtimes.com. “At this point, I’ve got to find out what my fighter wants to do.” similar to what happened during the negotiations for the Pacquiao fight against British champ Ricky Hatton last May, Arum wanted to avoid “complications”.

Arum flew to the Philippines to personally meet with Pacquiao and his advisors.

The big Manny Pacquiao vs. Floyd Mayweather fight is not going to happen. This is according to Manny’s lawyer as quoted “As of last night, Manny said he doesn’t want to fight in April or even May. There will be no fight. Maybe it will come after the elections”

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