Schaefer: Mayweather vs. Pacquiao is never going to happen because Arum doesn’t want it to happen

By Chris Williams: Richard Schaefer, the CEO of Golden Boy Promotions, believes that a fight between Floyd Mayweather Jr. and Manny Pacquiao isn’t a doable fight because of Pacquiao’s promoter Bob Arum, who he feels doesn’t want to make the fight happen. Although a lot of fans think Mayweather is the one getting in the way of the fight taking place because he wants a bigger percentage of the money than Pacquiao, it’s hard to disagree with Schaefer in his thoughts about Arum being the major reason why the Mayweather-Pacquiao fight won’t get made.

Schaefer said to the ocregister.com “It’s never going to happen, because Pacquiao’s promoter doesn’t it to happen. Bob is a smart guy. He can pick up the phone and call me and he knows that’s how fights get done. But coming with this magic stadium in Las Vegas, all that kind of stuff, is a bunch of BS. Would it be nice? Yes.”

Schaefer is talking about the outdoor stadium that Arum insisted had to be made in order to maximize the gate revenue for the fight. However, the outdoor arena wouldn’t be assembled in time for the Mayweather-Pacquiao fight because Mayweather has to start serving his 90 day jail term in June and the arena wouldn’t have been completed until then. Rather than take the fight in May and make a lot more money than he will with Pacquiao’s scheduled fight against Timothy Bradley on June 9th, Arum still insisted on the outdoor stadium. Now there’s no outdoor stadium; no Mayweather-Pacquiao, and the funniest part of all is the Pacquiao-Bradley fight will be held inside the MGM Grand in Las Vegas, which is where Mayweather wanted to fight Pacquiao. It wasn’t good enough for Mayweather-Pacquiao, but it’s good enough for Pacquiao-Bradley.

Another stumbling block in the Mayweather-Pacquiao negotiations was that Arum kept saying he didn’t know who Mayweather’s management representative was, and kept wanting Mayweather to call him personally or tell him. By saying that, it just seemed like Arum didn’t want to make the fight between Pacquiao and Mayweather.