Manny Pacquiao accepted apology of the president and the CEO of Golden Boy Promotions by settling the lawsuit that had been filed against them

Oscar De La Hoya and Richard Schaefer operate the company Golden Boy Promotions. These individuals suspected the boxer Manny Pacquiao in intake of steroids. Since this accusation could hurt Many Pacuiao’s career, he filed a defamation lawsuit against the Chief Executive Officer and the president of Golden Boy Promotions, the boxer Floyd Mayweather Jr. and his father.
But later Manny Pacquiao and Bob Arum, the CEO of Top Rank, achieved an agreement with the company Golden Boy Promotions. So, the suspected fighter dropped lawsuit against the president and CEO of the promotional company Golden Boy Promotions. But the defamation lawsuit against the fighter Floyd Mayweather and his father remained in power.
The CEO and the president of Golden Boy Promotions claimed that they denied their prior settlements linked with accusation in steroid use by Manny Pacquiao. They confirmed that there was no any evidence to accuse Manny Paquiao in intake of prohibited drugs. the CEO and the president of Golden Boy Promotions recognized that Manny Pacquiao was one of the best fighters of all times. At the end of agreement, the president of Golden Boy Promotions and Bob Arum shook their hands.
It is claimed that this apology will promote competing between Top Rank boxers and Golden Boy fighters.
Since the suspicion was related to Manny Pacquiao, the apology was directed at him too. The fighter accepted it and removed the defamation that was connected with Oscar De La Hoya and Richard Schaefer.
At the beginning the discussion about possible intake of performance-enhancing medications delayed the fight between Pacquiao and Mayweather. It happened because Mayweather insisted on tests for steroids by the WADA.
Then Mayweather refused to fight with this boxer again, referring to steroid accusation. It caused induced impatience in fans because they were waiting for the fight.