It's done, Pacquiao vs. Mosley fight will happen on May 7 at MGM Grand in Las Vegas

 

Bob Arum and Shane Mosley said it’s a go, the fight with Manny Pacquiao on May 7 at the MGM Grand in Las Vegas.

But Pacquiao’s adviser, Mike Koncz, said they’re still tying some loose ends, and that the Filipino superstar will make his final decision after the holidays.

“A hundred percent it’s going to be Mosley. But we’re not yet where we want to be,” said Koncz.

Pacquiao must be trying to spice up the contents of the contract before he finally says yes.

“But we’re not too far,” said Koncz who also spoke to fanhouse.com and said, “We have yet to hear from Mr. Arum. I haven’t reached out to him and he hasn’t reached out to me. It’s the holidays, and we’re in no rush. We’ll speak to Arum shortly in the next few days and make our final decision probably by the new year,” said Koncz.

“When Bob Arum was here (in the Philippines), certainly Mr. Mosley consumed most of the time during our conversations, and that would mean that he got the bulk of our attention. But that doesn’t mean that we picked him. Most of our time was spent discussing Shane Mosley, however, it was also asked that Bob Arum return to Las Vegas with a counter proposal.”

Mosley, who’s pushing 40 but has vowed to give Pacquiao a good fight, and probably knock him out, told fighthype.com that it’s a done deal.

“It’s a go. Bob (Arum) and (his representative) James (Prince) came to an agreement on the money minutes ago. Bob is drawing up the contracts and I will sign either on Wednesday or Thursday,” said the pride of Pomona, California.

Arum said he wants everything done and over with as soon as possible because he has to work on the dates, the promotion and the press tour that should take both fighters to Los Angeles, New York, Washington and San Francisco.

Arum said there would be a stop in Washington because US Senator Harry Reid is setting up a rare meeting between Pacquiao and the US President, Barack Obama.

“The President wants to see Manny,” said Arum.

The meeting between the two of the world’s most powerful figures was supposed to take place right after Pacquiao’s fight with Antonio Margarito last November.

In fact, a private plane was already on standby to take Pacquiao from San Francisco, where he was then having a concert, to Washington. But it was called off because Obama “had to fly somewhere.”

Arum said he expects a tough fight for Pacquiao, who will face Mosley at 147 or 148 lb.

“We came to a meeting of the minds,” Arum told ESPN.com about his meeting with Prince in Las Vegas.

“[Top Rank matchmaker] Bruce Trample says it’s a very difficult fight. I believe it will be an exciting fight. Shane knows how to fight and how to deal with the speed. Manny is in for a hellacious fight. I really believe styles make fights,” Arum said.

Mosley said he’ll knock Pacquiao out.

“Come on, man. I’m a bigger guy than him and he gets hit. And you saw how I hurt Floyd. Manny is going to come forward and I will hit him on the chin at some point. His defense is not like Floyd’s. Manny will come at me, and I will knock him out,” he told ESPN.com.

But it’s not a hundred percent that’s going to happen.