Hatton-Pacquiao is back on!

Mark Ortega

Philboxing.com is reporting that Manny Pacquiao has agreed to a deal to fight Ricky Hatton that would guarantee him twelve million dollars as well as a 52/48 PPV share favor. How the deal came together is peculiar.

Pacquiao, who was insisting on a 60/40 split for the past few weeks, agreed to the new deal after friend Rex Salud helped convince him. Pacquiao agreed to do it only if Salud, who doesn't drink, agreed to quickly drink three bottles of beer. Salud held up his end of the bargain, and with that Pacquiao will likely be fighting Hatton May 2nd as originally planned.

Bob Arum, head of Top Rank and Pacquiao's promoter, has said that a contract has yet to be signed.