Pacquiao settles De La Hoya suit

LOS ANGELES: Manny Pacquiao has settled his defamation lawsuit against Oscar de la Hoya and his Golden Boy promotions chief Richard Schaefer over allegations the Filipino fight king used performance-enhancing drugs.

Terms of the settlement were not released, and there was no indication in a press release on Tuesday that Pacquiao had given up his legal action against boxer Floyd Mayweather, who was also named in the original lawsuit.

The 2009 legal action stemmed from the contentious negotiations for a possible Pacquiao-Mayweather bout, a fight much wanted by fans but which has never been put together.

In March, a federal judge in Las Vegas denied a motion to dismiss the suit and ruled the case could go ahead.

Under the terms of their settlement, De la Hoya and Schaefer issued a statement and apology to Pacquiao. — AFP

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