Update Reports for Pacquiao vs Mayweather tickets on sale after CBS exec rescues May 2 boxing PPV

Floyd Mayweather will indeed fight Manny Pacquiao in what is expected to become the highest-grossing boxing pay-per-view (PPV) of all time, despite some hiccups that kept contracts from being signed for the May 2 showdown, which takes place inside MGM Grand Garden Arena in Las Vegas, Nevada.

"We resolved all of the issues and now we're waiting for the paperwork," Top Rank CEO Bob Arum told Yahoo! Sports. "I said on the call that if what we agreed upon is in the paperwork we receive, we will sign it and the tickets will be released."

The biggest obstacle was the allocation of tickets, which need to be split among the promoters and of course, the venue. While the Mayweather side had no issues with the agreement in place, Arum -- who represents Team Pacquiao -- claimed otherwise.

Water under the bridge, as contracts should be signed within the hour. That's thanks to President and CEO of CBS Corporation Leslie Moonves, who was instrumental in making this shared fight between HBO and Showtime come together in the first place.

Tickets will be made available to the public at a cost of $1,500, $2,500, $3,500, $5,000 and $7,500, according to the report, and could go on sale as early as today (Weds., April 22, 2015). More details will undoubtedly be revealed during today's "Mayweather vs. Pacquiao" conference call.

Stay tuned.

For more on "Mayweather vs. Pacquiao" fight, including the latest updates click here. SB Nation also has a comprehensive "Pacquiao vs. Mayweather" news stream right here. And to check out a "Mayweather-Pacquiao" fight video preview click here.

Better late than never!

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