Via: Worldstarhiphop

The deadline has passed and Mayweather has yet to respond on if he would get in the ring with Pacquiao. Is he scared?

Via: ESPN

Bracing for the increasing likelihood that Floyd Mayweather Jr. will not fight Manny Pacquiao in November, Pacquiao’s adviser has met with Top Rank promoter Bob Arum in Las Vegas to look over alternative plans.

While awaiting Mayweather’s decision — Arum told ESPN.com that Friday is the deadline — Michael Koncz and Arum on Monday discussed proposals for Pacquiao to fight former welterweight titlist Antonio Margarito or face Miguel Cotto in a rematch in the event Mayweather declines the Nov. 13 fight.

“We’re ready to go on with the Mayweather fight,” Arum said, “but we have to make contingency plans just in case and I don’t really want to talk about that too much. But Mayweather has until the end of the week. He could wait until the last minute. If it’s Friday and it’s 11 p.m., and he says we have a deal, we have a deal.”

Arum and Koncz said they were hopeful Mayweather would accept the deal, but that they had to be prepared in the event he doesn’t. Arum has said for weeks that Mayweather’s camp has a contract for the fight and that Pacquiao has accepted the terms, including provisions for drug testing (blood and urine) leading up to the bout.

When Pacquiao and Mayweather were negotiating during December and January for a fight in March, the talks fell apart when they could not come to an agreement on drug testing protocol.

Pacquiao then went on to easily outpoint Joshua Clottey to retain his welterweight title in March, while Mayweather dominated Shane Mosley in May.

“We’re waiting on Floyd,” Arum said. “He might not want to fight again this year. If he wants to say, ‘See you next year,’ there’s always next year. But I don’t think we can’t wait much longer for him to make up his mind because if we do the fight we want to make it as big as we can make it, and that takes time. I think Floyd will give us the courtesy of a response one way or the other. What that response will be, I really don’t know.

“That’s the fight we want and that’s the fight we’re in for, but if we can’t do that fight there are other opponents.”

Koncz and Arum wouldn’t go into specifics of the terms on the table for the fight with Mayweather but Koncz said “a 50-50 deal was proposed and there was no argument against it.”

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Via: Allhiphop

DMX won’t fight in the ring but he will have to fight this $1 million lawsuit for backing out.

Rapper DMX is the subject of a new $1 million dollar lawsuit for backing out of a celebrity boxing match scheduled to take place in December in Birmingham, Alabama.

 DMX was originally scheduled to fight boxer/actor Eric Martinez during an event titled “Alabama Pride,” promoted by Thunder Promotions.

 The rapper was scheduled to box Martinez for three rounds but backed out of the fight when Thunder Promotions allegedly refused to fix the fight or guarantee DMX’s safety.

 DMX’s abrupt cancellation left promoters scurrying to find a replacement.

 Shortly after it was announced that DMX would be pulling out of the fight, Thunder Promotions signed up rapper Coolio to face off against Martinez in the ring on December 12th.

 According to Coolio, he has no plans to fix the fight or to even lose the contest.

 “I’ve been doing martial arts for 18 years…somebody [is] gonna get knocked the f**k out,” Coolio exclaimed to radio host Angela Yee during an interview last week. “Coolio don’t take a** whoopin’s well. I’ll tell you what, if I get into trouble, you gonna know because it’s gonna go from boxing to f**king wrestling and choking because I hate to lose.”

 Thunder Promotions filed the $1 million dollar lawsuit against DMX in Birmingham County Court on Friday (November 20th).

 Thunder Promotions claims DMX’s cancellation has caused them hundreds and thousands of dollars and damages.

 The lawsuit is the latest financial set back for DMX, who also owes $1.5 million in back taxes to the IRS.