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Saturday, June 20, 2009

Arum presenting fight proposal to Koncz

MANILA, Philippines—Looks like negotiators for the Manny Pacquiao-Miguel Cotto showdown on Nov. 14 are proceeding smoothly.

Top Rank big boss Bob Arum, who promotes both fighters, is meeting with Pacquiao adviser, Canadian Mike Koncz, on Sunday (Monday in Manila) in Las Vegas to discuss details of the bout expected to be at a catch weight of either 144 or 145 lbs.

Pacquiao, the world’s pound-for-pound king, wrested the World Boxing Organization junior welterweight (140 lbs) crown from Briton Ricky Hatton on May 2 while Cotto recently defended his WBO welterweight (147 lbs) title against Ghanaian Joshua Clottey last Saturday.

According to Arum, he’s negotiating with both Team Pacquiao and the Cotto camp as part of the usual process.

“We have a number of points we are talking through, but nothing that’s deal-breaking,” Arum told Dan Rafael of ESPN.com. “Everything looks great.”

Arum has been communicating with Cotto’s lawyer since the Puerto Rican earned a split decision victory over Clottey last Saturday at the New York’s Madison Square Garden, where halfway through the 12-round bout Pacquiao gave Arum the go-signal to arrange the fight.

Wasting no time, Arum has put in the salient details in the fight proposal he’s going to present to Koncz, who in turn will bring it back to the Philippines.

“I’m moving forward in an attempt to have this fight happen,” said Arum.

Apart from the purse and revenue breakdown, Arum is also looking at the pay-per-view coverage of the Pacquiao-Cotto fight, with HBO likely to get the rights for the prime coverage.

Source: inquirer.net

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