Pacquiao admits there's no contract yet

ABS-CBN News

Posted at Feb 17 2015 07:50 PM | Updated as of Feb 18 2015 03:50 AM

MANILA, Philippines – Fighting congressman Manny Pacquiao admitted that both he and Floyd Mayweather Jr. have yet to sign a contract pertaining to their supposed May 2 fight.

In an interview with veteran sportscaster Ronnie Natnanielsz, the eight-division champion, however, said they have already agreed “in principle.”

“There is no contract but there is an agreement,” Pacquiao said in Nathanielsz’s report to Philboxing.

In a separate interview with ABS-CBN’s RG Cruz, Pacquiao again appealed to fans to be extra patient in waiting for the formal announcement.

He maintained that the negotiations are still ongoing and that Mayweather has demanded that the American will do the announcement.

Pacquiao added that Mayweather himself said he wanted the super bout to push through.

"Nag-usap lang kami na kailangan matuloy ang laban na ito. Inaayos na ang negotiation. Ang sabi nya lang gusto niya matuloy ang laban,” the boxing champ said.

“Actually, nag-agree na tayo sa lahat. Siguro hintayin na lang natin ang announcement para wala tayong ma-violate sa usapan, wala kasi tayong karapatan na mag announce."

Gareth A Davies of The Telegraph earlier reported that Pacquiao has "completed his contractual agreements," and that Mayweather "is set to sign" as well.

Davies cited a source close to Pacquiao who said the "Pacman" has "100 percent signed his side of the deal." "It is now over to Mayweather to close the deal and announce the fight," the source added.

Mayweather, however, immediately denied the report.

"That's not true," Mayweather said during an interview with NBA's David Aldridge at the sidelines of the All-Star Game Sunday at the Madison Square Garden in New York City.

"I haven't signed yet, and he hasn't signed yet. It's just been speculation and rumors," he explained.