Pacquiao settles suit with Golden Boy

Manny Pacquiao has settled his defamation lawsuit against Richard Schaefer and Oscar de la Hoya, it was announced Tuesday.

Terms of the deal were not disclosed.

“Richard Schaefer and Oscar de la Hoya, on behalf of themselves and Golden Boy Promotions, wish to make it crystal clear that we never intended to claim that Manny Pacquiao has used or is using any performance enhancing drugs, and further state that we do not have any evidence whatsoever of such use.

“Manny Pacquiao is one of the greatest fighters of all time, and we apologize if anyone construed our prior remarks as in any way claiming or even suggesting that Manny uses or has used performance enhancing drugs.”

If this is to be taken seriously, we could be talking about a truce between Top Rank and Golden Boy. We certainly hope so.