[video] Promoters say Mayweather vs. Pacquiao is off

They need to get this together for the sport of boxing to survive. Let’s just hope this is a just a bunch of pre-fight dramatics.
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via Mercury News

“I’ve been saying this for years: He’s a psychological coward who doesn’t want to fight anybody who has a chance of beating him,” Arum said. “He walked away from a rematch with Oscar (De La Hoya) that would have paid him a fortune because De La Hoya held him close in the first fight (in May 2007).”


Manny Pacquiao’s promoters said his prospective bout with Floyd Mayweather Jr. was dead late Wednesday night after a mediation session failed to resolve the fighters’ differences over drug testing, scrapping what was likely to be the richest fight in boxing history.

The bout was slated for March 13 at the MGM Grand Garden in Las Vegas, but Top Rank said it couldn’t reach an agreement with Golden Boy Promotions, which represented Mayweather in the negotiations, after nine hours of mediation Tuesday and more discussions Wednesday.

Although neither side was allowed to publicly discuss the specifics of their dispute, Mayweather apparently balked at a hard-fought compromise in the testing issues first raised by the former welterweight champion.

“I knew this was going to happen,” said a weary Bob Arum, Pacquiao’s promoter. “You had to play it out.”

FULL STORY HERE….

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