It’s on: Mayweather says he and Pacquiao to fight May 2 (The Associated Press)

Floyd Mayweather Jr. will meet Manny Pacquiao on May 2 in a welterweight showdown that will be boxing’s richest fight ever. ”I promised the fans we would get this done and we did,” Mayweather said. Mayweather could earn $120 million or more, while Pacquiao’s split of the purse will likely be around $80 million. Pacquiao was sleeping in the Philippines when the fight was announced, but his camp issued a statement saying the fans deserve the long awaited fight.