Posted September 19, 2012 on AP on Fox
Mpac
Floyd Mayweather Jr. and Manny Pacquiao are settling a federal defamation case in Las Vegas, clearing a key hurdle to a long-awaited bout between two top fighters who've traded verbal jabs for years but have never met in the ring. Terms of the pretrial agreement cited in documents filed Tuesday in U.S. District Court in Las Vegas are confidential, said Malcolm LaVergne, a lawyer representing Floyd Mayweather Jr.'s father in the case. LaVergne said documents filed under seal ask U.S. District Judge Larry R. Hicks to dismiss the lawsuit, and that others involved in the case were preparing a public statement. Documents filed publicly said each side would bear its own attorney fees and costs. ''The matter has been resolved,'' LaVergne said. ''Any alleged terms of the resolution would be strictly confidential. Floyd Mayweather Sr. is very happy that this lengthy case has finally come to a conclusion.'' Attorneys for the two fighters and Mayweather's promoter, Leonard Ellerbe, did not immediately respond to messages from The Associated Press. The direction of the case took a turn against Floyd Mayweather Jr. last week, when the judge issued a ruling ordering him to pay about $114,000 in legal fees and costs for avoiding questioning under oath from Pacquiao's lawyers. Hicks faulted Mayweather for failure to comply with a court order. But he earlier rejected a bid by Pacquiao lawyers Daniel Petrocelli and David Marroso to end the lawsuit with a more severe sanction - a default judgment for Pacquiao. LaVergne said Tuesday he had no information about whether the court settlement means Mayweather and Pacquiao will meet in the ring. Pacquiao's promoter, Bob Arum of Top Rank Inc., declined comment. His spokesman, Lee Samuels, said the company was not involved in the defamation case. Nevada State Athletic Commission chief Keith Kizer said he wasn't aware of any talks between the two camps about scheduling a fight. But Kizer said such a fight could set records for the highest purse, gate and number of cable television paid viewers. A Mayweather-Pacquiao fight might eclipse the Mayweather super welterweight fight against Oscar De La Hoya that drew 17,078 fans to the MGM Grand Garden Arena in May 2007, Kizer said. Paid attendance was $18.4 million. ''Based on my dealings with the boxing public and boxing insiders, the proposed Mayweather-Pacquiao fight has as much interest as any fight I can remember in the last 20 years,'' Kizer said. ''I think this would be our first gate over $20 million.'' Pacquiao, 33, a member of Congress in the Philippines, filed the lawsuit in December 2009 in Las Vegas. He sought unspecified damages based on allegations that Mayweather defamed him by suggesting he used performance-enhancing substances. Pacquiao denied Mayweather's claim. Pacquiao is 54-4 with two draws in 60 fights. He is due to fight Juan Manuel Marquez on Dec. 8 at the MGM Grand Garden. Mayweather, 35, who goes by the nickname ''Money,'' was serving two months of a three-month sentence in a Las Vegas jail on a domestic battery conviction when he was named by Forbes magazine this summer as the highest-paid athlete in the world for 2011. He is undefeated in 43 fights and was guaranteed $32 million for the May 5 bout during which he defeated Miguel Cotto.
THE BACKYARD
BEST OF MAXIM
RELATED ARTICLES
PAY THE MAN (LESS)!

Pacquiao wants to fight Mayweather

Manny Pacquiao said he would be willing to take less of a portion of the profits if it would help set up a bout between he and Floyd Mayweather. 

Mayweather ordered to pay $114K in Pacquiao case

A federal court judge in Nevada ordered boxer Floyd Mayweather Jr. to pay about $114,000 in lawyer fees and costs for avoiding questioning from rival fighter Manny Pacquiao's lawyers. Attorneys for neither man immediately responded Wednesday to messages about Monday's order. The judge ruled that Mayweather violated a court order to be questioned under oath by Pacquiao&...

Floyd Mayweather Ordered to Pay Manny Pacquiao $113K in Legal Fees

  A federal judge has ruled that Floyd Mayweather Jr. must pay more than $113,000 for not sitting for a deposition filed against him by Manny Pacquiao for defamation. Pac-man claims that Mayweather defamed him by telling media that Pacquiao uses PEDs. Mayweather was supposed to sit for the deposition between June and October of last year, but, in typical Money Mayweather fasion...

Considering Manny Pacquiao would get battered by Floyd Mayweather in the ring, ‘Pac-Man’ should gladly run with $113,518.50 from the courtroom

Floyd Mayweather, Jr. was ordered on Wednesday by federal judge Larry R. Hicks to pay $113,518.50 worth of attorney fees to Manny Pacquiao for failing to attend a court-ordered deposition last year in Las Vegas to provide sworn testimony in … Continue reading →

Floyd Mayweather, Jr. has to pay Manny Pacquiao $114K

In a report by the Associated Press that was obtained by the Boston Herald, a federal judge has told Floyd Mayweather, Jr. to pay Manny Pacquiao a figure of about $114,000.  This is a result of the defamation lawsuit that Pacquiao filed against Mayweather in regards to the whole performance-enhancing drugs situation.  Mayweather is good at running his mouth and fueling up drama...

Manny Pacquiao Says Floyd Mayweather Jr. Can Have Top Billing, 'Wear My Trunks' to Make Fight Happen (Video)

Manny Pacquiao really wants to fight Floyd Mayweather Jr., and he's willing to make some sacrifices in order to facilitate the much desired superfight. "Win or lose, I'll take 45 percent," Pacquiao told his publicist Friday, according to the Los Angeles Times. "Floyd can have top billing, he can be introduced in the ring first or last. "He can wear my...

Pacquiao-Marquez 4 to settle rivalry

Three compelling bouts in eight years haven't resolved the rivalry between Pacquiao and Marquez, so they're stepping in the ring together for a fourth bout on Dec. 8 at the MGM Grand Garden in Las Vegas. And this time, they're both looking for the only decisive ending to any fight: a stone-cold KO. ''I want to erase the doubt of the last three fights,'&...

Considering he lost to Timothy Bradley, Manny Pacquiao shouldn’t fight Juan Manuel Marquez

Rather than giving fans another “boring” fight against WBO light welterweight champion Timothy Bradley, Manny Pacquiao will battle Juan Manuel Marquez for a fourth time on December 8 at the MGM Grand in Las Vegas, Nevada. Bradley (29-0-0-1, 12 KOs) … Continue reading →

Mayweather’s Betting Record Not Perfect

By SportsbookReview.com Floyd Mayweather Jr. is perfect as a boxer. 43 opponents have challenged him and 43 opponents have lost. Not only is he the best boxer of our generation, he’s one of the all-time greats. Even so, ‘Money’ Mayeather isn’t perfect overall. Mayweather loves to place massive sports bets, including last season’s Super Bowl and the NBA Finals. While he’s...

Pacquiao vs. Marquez series has become modern day Saddler vs. Pep

Manny Pacquiao and Juan Manuel Marquez will face each other for the fourth time on December 8 at the MGM Grand in Las Vegas. In reaching a fourth match-up, Pacquiao and Marquez are now in pretty prestigious company -- their series brings to mind the four epic bouts between Sanny Saddler and Willie Pep. Saddler ended his career with a record of 144-16-2, with 103 KOs, and Pep ended...

Floyd Mayweather Jr.’s other daughter’s mother, Melissa Brim calls cops on the boxer

This may feel like deja vu. Floyd Mayweather Jr.’s daughter’s mother (not Josie Harris) called the police on September 9th stating that she was in a “verbal altercation” with Mayweather that ended with him taking some of her property. Melissa Brim phoned police at 2 a.m.  on Sept. 9 at 10059 Baystone St., Officers went to the [...]
Boxing News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.