Bob Arum and Oscar De La Hoya Exchange Heated Words

Negotiations for a May 5 super-fight between WBO welterweight champion Manny Pacquiao and WBC champ Floyd Mayweather haven’t exactly been smooth, and things just took another turn for the worse. Golden Boy Promotions president Oscar De La Hoya is getting tired of Arum’s tactics, and he took a few shots at Pacquiao’s promoter during an interview with the Los Angeles Times.

“Floyd Mayweather guarantees his own purses,” De La Hoya said in response to Arum’s claim that there weren’t any investors that would guarantee Mayweather’s earnings. “The 40,000-seat venue is baloney. How greedy do we have to be? The MGM is right there. There’s enough money to go around, we don’t have to be pigs here… We can sell out the 18,000 seats in two hours, and looking for anything else is just a never-ending game.”

Arum didn’t like the fact that De La Hoya called him out, and he quickly fired back at the “Golden Boy.”

“Oscar’s so stupid to say Mayweather doesn’t need a guarantee; you’d have to be stupid not to get a guarantee with this kind of money at play,” Arum told the Los Angeles Times. “We’re not talking chump change. The one guy you can’t rely on for anything is Oscar. He knows absolutely nothing.”

With comments like these, the chances of the highly anticipated super-fight between Mayweather and Pacquiao taking place in May are pretty slim. Mayweather refuses to give up though, and he continues to taunt the Filipino champion.

“I’m ready to fight Pacquiao 5/5/12 Bob Arum know the date can’t change I have my guarantee call Schaefer & Al and stop lying to the public, Mayweather tweeted. “January 16th was Dr. Martin Luther King Birthday January 17th is Muhammad Ali Birthday and May 5th is Pacquiao ass whooping day… First They say I’m Ducking the Fight. But now it seems like I’m begging for the fight.. What is going on?”

Given how much revenue the fight between Mayweather and Pacquiao is expected to generate, it’s really surprising Arum wants no part of it.

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