Bob Arum called The Times this morning to say that Manny Pacquiao has delivered a signed contract agreeing to fight Ricky Hatton May 2 at the MGM Grand in Las Vegas, ending turbulent negotiations that had Hatton effectively calling off the fight as recently as Wednesday.
Arum confirmed Pacquiao will receive 52% of the purse, with $12 million guaranteed and more possible based on pay-per-view sales.
