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Sources: CBS/Showtime secures fight

Updated: January 21, 2011, 10:43 PM ET
By Dan Rafael | ESPN.com

In a seismic shift in the boxing business landscape, Top Rank promoter Bob Arum closed a deal with Showtime and sister network CBS to handle the pay-per-view fight between pound-for-pound king Manny Pacquiao and Shane Mosley -- instead of HBO -- multiple sources told ESPN.com on Friday.

Pacquiao, boxing's biggest star, defends his welterweight title against former champ Mosley on May 7 at the MGM Grand in Las Vegas.

Pacquiao (52-3-2, 38 KOs) and Mosley (46-6-1, 39 KOs) have never ...

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