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Floyd Mayweather vs Manny Pacquiao Fight News: Fight May 2 in Las Vegas

After years of speculation and negotiations, one of the biggest fights in boxing history has been confirmed: Floyd Mayweather Jr. and Manny Pacquiao will go at it in the boxing ring on May 2 in Las Vegas.

Mayweather confirmed the deal when he posted a picture of the signed contract on Shots on Friday, Feb. 20.

"I am glad my decision to meet with Manny and discuss making this fight happen helped get the deal done. Giving the fans what they want is always my main focus. This will be the biggest event in the history of the sport," he said.

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The fight, which matches boxing's two biggest names of recent years, has been in the making for five years. It finally came together in recent months with both fighters putting aside past differences over different issues, which include drug testing and television rights, to reach agreement.

As part of the agreement, Mayweather insisted on having the right to announce the bout. He also won concessions from the Pacquiao camp on who enters the ring first, what type of gloves used, and a number of other issues, including a 60-40 split of the purse.

Meanwhile, Pacquiao took to Twitter to share his excitement about the deal and the upcoming fight.

"I am very happy that Floyd Mayweather and I can give the fans the fight they have waited for so many years … It is an honor to be part of this historic event … I dedicate this fight to all the fans who willed this fight to happen, and as always, to bring glory to the Philippines and my fellow Filipinos around the world," he wrote.

The fight will take place at the MGM Grand in Las Vegas. It was reported that minutes after the fight was announced, fans immediately reserved rooms at the hotel and that within 15 minutes, every room in the venue was sold out.

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