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Ross Greenburg, president of HBO Sports, said he received a call from Richard Schaefer to announce the Golden Boy Promotions CEO would initiate talks Monday with Bob Arum, Pacquiao’s promoter.Arum -- citing the possible pay-per-view bonanza to be announced later this week, which could have a profound effect on negotiations after Pacquiao’s 12th-round technical knockout of Miguel Cotto -- said “if Richard’s going to call me, let him wait and call me on Wednesday instead of calling me Monday.
Arum, Mayweather, a former promoter, said last week that he would open negotiations with Mayweather, Pacquiao, if Pacquiao wants to fight. HBO's May Day, what could be the largest of targeted pay-per-view event
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