Floyd Mayweather Jr Beats Manny Pacquiao in ESPY's Top Awards

Undefeated American boxer Floyd Mayweather Jr. beat pound-for-pound king Many Pacquiao as "Fighter of the Year" in the recently concluded annual ESPN awards held at the Nokia Theater in downtown Los Angeles, CA Tuesday.

The ESPY Awards is an annual event created and broadcast by American cable television network ESPN to celebrate their legacy as a sport channel. Athletic awards are given as well. Begun in 1993 , the event confers eponymous awards, fully styled as Excellence in Sports Performance Yearly Awards, for individual and team athletic achievement and other sports-related performance during the calendar year preceding a given ceremony, according to Wikipedia.

Mayweather got his award for "Best Fighter ESPY Award" (Fighter of the Year Award) for his recent victories over Juan Manuel Marquez and Shane Mosley.

Mayeather beat Manny Pacquiao and UFC welterweight champion George St. Pierre, who were his closest rivals for the coveted award.

Informed of the award for Mayweather, Pacquiao said he is happy for the undefeated American boxer and wished him well.

The previous three awards were split between boxers Pacquiao and Mayweather with Pacquiao winning it in 2009 and Mayweather in 2007 and 2008.

Boxing fans around the world eagerly await Mayweather's decision on whether or not to fight Filipino boxing icon Manny Pacquiao this November.

Pacquiao's promoter Bob Arum gave Mayweather until mid-July (could be today) to make his decision, otherwise Arum said he will start negotiating for Pacquiao to have a rematch with Miguel Cotto of Puerto Rico for the pound-for-pound king's record-breaking victories in eight different divisions.

To qualify for his 8th division championship fight, Pacquiao will have to move to Junior middleweight division where Cotto is currently campaigning.