No Pacquiao-Mayweather rematch talks — Arum

MANILA — There are no negotiations for the rematch between Floyd Mayweather Jr. and Manny Pacquiao, Top Rank Inc. chief Bob Arum said.

Arum denied the issues of ongoing talks for the big rematch in a statement to the boxing scribe Steve Kim of the boxingscene.com.

“There have been no negotiations, what everybody is saying is with the incredible amount of money that they did last time that neither guy can make anywhere near the money fighting somebody else than they could fighting each other,” Arum said.

“Unless they’re negotiating with somebody else, it’s not me,” he told Kim.

Rumors about negotiations for the rematch came after Mayweather won the fight against Pacquiao in the most celebrated bout last May 3.

Tagged as the boxing’s richest fight ever, the bout was held at the MGM Grand Garden Arena in Las Vegas.

Both the fighters were paid huge amounts after the bout recorded 4.4 million pay-per-view with at least $400 million in revenue.

Suppose a rematch is set, Arum said both the fighters may not be paid as much as they were given during the last match.

“Nobody is saying they’re going to do the money they did last time,” said Arum.

Despite this, Arum noted that the fighters will still get huge sums if a rematch is settled.

“Whether it’s two-thirds or one-half [of their purse in the first fight], whatever it is, it’s a huge number,”he said.