After defeating Miguel Cotto, Manny Pacquiao set the stage for what has the potential to be the most-anticipated fight in boxing history, and one that many believe will save the sport.
Talks are under way for Pacquiao to fight the undefeated Floyd Mayweather Jr. in 2010, Golden Boy Promotions CEO Richard Schaefer told ESPN.com.
Schaefer traveled to Las Vegas on Monday to meet Top Rank's Bob Arum, Pacquiao's promoter.
"There's really not much I can say," Arum told the Las Vegas Review-Journal. "We had one meeting. It was a good meeting, and we'll talk again over the next few days."
Arum spoke on Tuesday at the Las Vegas Hilton about the possible destinations of the fight, though he would like to have it hosted in Las Vegas.
"A lot of places want to host," Arum told the Review-Journal. "But for tax purposes, you have to have it in either Nevada or Texas, where there is no state income tax. That's why we probably couldn't have it in New York or New Jersey."
However, despite Arum's efforts to keep the fight in his and Mayweather's hometown of Las Vegas, there has been talk of the bout being held at the new 80,000-seat Cowboys Stadium in Dallas or the 70,000-seat Superdome in New Orleans.
"There's talk the governor (Bobby Jindal) might waive the tax for this fight if it went to New Orleans," Arum told the Review-Journal. "But he'd have to do that for it to have any chance of happening there."
According to Arum, another possibility for the fight would be to hold it at a temporary stadium in Las Vegas. The proposed 30,000-seat temporary stadium would be built on the site formerly occupied by the Frontier across from Wynn Las Vegas.
"The town needs it, and the promoters want it here [in Las Vegas]," Arum told the Review-Journal. "I think the casinos realize this is one of those united-we-stand, divided-we-fall moments, and I believe they will work together to bring the fight to Las Vegas."
