Manny Pacquiao's rematch against Floyd Mayweather Jr. has been canceled. The fight, scheduled for September 19th on Netflix, was scrapped due to Mayweather's financial issues and legal troubles.
What happened?
Manny Pacquiao's team confirmed the cancellation to *The Ring*, citing Mayweather's 'financial gridlock' and 'volatile mix of federal lawsuits, scheduling overbooks' as the reason.
Mayweather was set to face Pacquiao in a rematch of their 2015 bout, which Mayweather won by decision. However, Mayweather's camp has been plagued by legal issues, including two felony charges stemming from allegedly passing a bad check.
Why it matters for Manny Pacquiao
The cancellation is a significant setback for Pacquiao, who returned to boxing at age 46 last summer. Pacquiao's team remains confident that they will rebook the rematch for a future date.
Pacquiao's last fight was a majority draw against Mario Barrios on August 21, 2022. He had been training for the Mayweather rematch, but will now have to wait for a new opponent.
What comes next?
Mayweather's legal troubles will likely take center stage in the coming weeks. He faces two felony charges and a slew of lawsuits, including one from CSI Sports Events, which filed an injunction against him.
Jas Mathur, CEO of Manny Pacquiao Promotions, stated that Pacquiao's team is ready to move on and find a new opponent. Pacquiao's fans will have to wait and see who he will face next.
The cancellation of the rematch is a disappointment for boxing fans, who were eagerly anticipating the highly anticipated bout. Pacquiao and Mayweather's first fight in 2015 was the most lucrative in boxing history, with Mayweather earning a reported $180 million.
Pacquiao's team is already looking to the future, with a new fight potentially on the horizon. Pacquiao's legacy as one of the greatest boxers of all time remains intact, despite the setback.
Mayweather's future in boxing is uncertain, given his legal troubles and advancing age. He retired from professional boxing in 2017, but has since fought in several exhibition bouts.
The boxing world will be watching to see what happens next with Pacquiao and Mayweather. One thing is certain - the cancellation of their rematch is a significant blow to the sport.
Pacquiao's fans can take comfort in knowing that he will be back in the ring soon. The question is, who will he face next?
Only time will tell what the future holds for Manny Pacquiao and Floyd Mayweather Jr. For now, the boxing world will have to wait and see what happens next.
The cancellation of the rematch is a reminder that in the world of boxing, anything can happen. Pacquiao and Mayweather's highly anticipated bout will have to wait, but the sport will move on.
Pacquiao's legacy will endure, despite the setback. He remains one of the greatest boxers of all time, with a career spanning over two decades.
The future is uncertain, but one thing is clear - Manny Pacquiao will be back in the ring soon, ready to take on his next opponent.