Mayweather-Pacquiao won't happen at Yankee Stadium
Whenever, and if ever,
"You cannot do a major fight in a city like New York because of the insane taxes that they have here," said Arum. "There is a state tax, a city tax and an independent contractor tax. You put them all together and it's like 15 percent. Let's assume the purses will aggregate $80 million. Fifteen percent is $12 million dollars. That's like giving away the whole gate to the state. That's crazy.
Though Arum did not rule out the new Cowboys stadium -- Texas, like Nevada, has no state income tax -- Pacquiao vs. Mayweather will likely be held in Las Vegas, either at the MGM Grand or Mandalay Bay.
Arum added that he has not begun negotiations with Mayweather's camp because he has no idea with who he is supposed to be negotiating with. Mayweather's chief advisors are
"You cannot start a negotiation until you have somebody on the other side to negotiate with," said Arum. "In that camp, there is still a discussion going on over who will handle the negotiation. Once that's decided, we'll try to put the fight together."