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MACAU - NOVEMBER 23:  Manny Pacquiao of the Philippines speaks to media at the post fight press conference after winning against Chris Algieri of the United States during the WBO world welterweight title at The Venetian on November 23, 2014 in Macau, Macau.  (Photo by Chris Hyde/Getty Images)
MACAU - NOVEMBER 23: Manny Pacquiao of the Philippines speaks to media at the post fight press conference after winning against Chris Algieri of the United States during the WBO world welterweight title at The Venetian on November 23, 2014 in Macau, Macau. (Photo by Chris Hyde/Getty Images)Chris Hyde/Getty Images

Manny Pacquiao's Monetary Compromise Is Huge Step Toward Floyd Mayweather Fight

Mike ChiariJan 14, 2015

There have been plenty of stumbling blocks on the road to a potential fight between Manny "Pac-Man" Pacquiao and Floyd "Money" Mayweather over the years, but a bold move by the former has the bout looking more likely than ever before.

According to ESPN's Dan Rafael, Pacquiao and his camp have agreed to take 40 percent of the revenue cut among other concessions as well:

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The monetary compromise is especially huge since it is essentially Pacquiao's way of conceding to Mayweather that he is the bigger draw. That helps Mayweather's bank account and ego, which is huge in terms of making every boxing fan's dream a reality.

If things proceed as hoped and the potential fight is as successful as everyone expects it to be, Mayweather is in line to leave Las Vegas with a huge chunk of cash, per BoxingInsider.com:

As it currently stands, the ball appears to be firmly in Mayweather's court. According to Rafael, Top Rank vice president Carl Moretti claims that the Pacquiao camp has agreed to everything set forth by Mayweather and his people.

"Top Rank and Manny have agreed to the terms on our side. I don't know about the other side," Moretti said.

That claim has been backed up by Top Rank founder Bob Arum as well, per Kevin Iole of Yahoo! Sports.

"

I'm not trying to force anybody's hand, I'm just saying, 'Hey, we've agreed to everything, period.' The people we have talked to on Mayweather's side have agreed to everything. Now we need Mayweather to step up and say, 'Yeah, I'm on board. I agree.'

(...) I think Manny has been very reasonable and demonstrated that he wants the fight to happen. Now, we're waiting on Floyd. That's not to say that Floyd has been obstinate, that Floyd won't do it, but we're waiting on him.

"

Even if Mayweather does ultimately agree, though, that doesn't mean the saga is over. As pointed out by Chris Mannix of Sports Illustrated, Showtime and HBO must reach some sort of deal as well since the two fighters represent the rival networks:

There has been a lot of noise coming from the Pacquiao camp throughout this process, while Mayweather and Co. haven't been quite as boisterous as usual.

Pacquiao even called out his prospective opponent on Twitter:

Whether fair or not, many have accused Mayweather of ducking Pac-Man in order to preserve his perfect 47-0 record. ESPN's Skip Bayless has beaten that drum and continues to do so even in the wake of Pacquiao agreeing to terms:

Regardless of Mayweather's true feelings about this fight, he has essentially been painted into a corner. It is his prerogative to turn it down if he wants to, but he'll look bad and be viewed as the villain if he does.

Pacquiao's people have laid all the cards out on the table and made it clear that Mayweather is getting more money and everything he could possibly want out of the fight.

With that in mind, one can only logically assume that Mayweather vs. Pacquiao is as close to happening as it ever has been.

Follow @MikeChiari on Twitter

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