By Edward Chaykovsky
Showtime Sports Executive VP Stephen Espinoza admits there is urgency to get a deal done for Floyd Mayweather Jr. vs. Manny Pacquiao, but they are not at the point of being in a chaotic period because of timeframe to finalize a May 2 date. Mayweather has an exclusive contract with Showtime, while Pacquiao is contracted to rival network HBO.
There are a few issues outstanding before a deal can be completed, and Espinoza says those issues are significant in nature. He denies any reports of Mayweather dragging his feet to make a deal.
The two fighters met face to face last week in a Miami hotel suite, where Mayweather tried to work out some of the outstanding issues.
Espinoza, without detailing the exacts issues at hand, did reveal that both sides of the table - on the fighter side and the network side -have issues that have not been worked out.
“There is urgency to get this done and get it going, but we’re not in a panic mode in terms of the calendar right now,” Espinoza said to the NY Daily News.“
"I would say I’m optimistic that it can get done. We have work to do to bridge the gap on important issues, but the most important thing is that Floyd genuinely wants it and wants it badly. We’re down to the last handful of issues. So the handful of issues is small, but the importance of those issues is pretty big. There are a few open issues on each element of the deal, on both the fighter [and] promoter part of the deal and the network to network part of the deal. Neither one is done yet.”