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The most anticipated boxing match in modern memory is on the verge of happening. Yahoo is reporting that Manny Pacquiao has agreed to terms for a May 2 bout with Floyd Mayweather at the MGM Grand Garden, according to the boxing promoter.

The only thing pending is Mayweather’s approval, although his representatives have already agreed to the deal.

According to Yahoo, the deal would be 60/40 purse split favoring Mayweather that would net him about $120 million.

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