( CNN ) Tickets will go on sale after an agreement on allocation was reached for the May 2 fight between Floyd Mayweather and Manny Pacquiao . In what Pacquiao 's promoter , Bob Arum , dubbed the `` fight of the century , '' disagreements have hampered the release of the tickets because of questions over how many tickets would be allocated to each fighter for the highly-anticipated Las Vegas event . `` There was a craze for tickets and under our agreement with Mayweather Promotions , we felt we were being deprived of our fair share of the tickets ( from ) the standpoint of number and location , '' Arum told CNN . `` It was very , very important to my fighter Manny Pacquiao , to the Philippines people ... Manny has friends and family like you ca n't believe -- that will be in account for 800 or 900 tickets themselves . '' The cheapest tickets for the bout are priced at $ 1,500 but demand for the fight is such that some seats could fetch as much as $ 11,000 on the secondary market . Kenny Bayless has been named as the referee of next month 's fight between Mayweather and Pacquiao . The Nevada State Athletic Commission said Bayless , who has officiated more than 100 title contests , would take charge of the most anticipated bout in recent boxing history at the MGM Grand . The 64-year-old Nevada native , who has refereed five of Mayweather 's bouts and seven of Pacquiao 's , was described as `` the best referee out there '' by Pacquiao 's trainer Freddie Roach . And Nevada State Athletic Commission executive director Robert Bennett said : `` Kenny knows the pressure , stress and responsibility . `` He 's efficient and effective , and has proven to be successful over a number of years working in Las Vegas and other parts of the world . He 's one of the best referees in the world . '' The commission also confirmed that three American judges -- Dave Moretti and Burt Clements of Nevada and Glenn Feldman of Connecticut -- had been appointed for the fight . `` I think we have the best judges , and Kenny Bayless is the best referee out there , '' Roach said . `` I think he 's going to give us a fair fight . '' The welterweight world title fight is likely to smash all revenue records and become the richest bout in the sport 's history , eclipsing the pay-per-view record of 2.4 million viewers for Mayweather 's fight against Oscar De La Hoya in 2007 . Speaking when the bout was confirmed in February , Pacquiao said : `` I am very happy that Floyd Mayweather and I can give the fans the fight they have wanted for so many years . `` They have waited long enough , and they deserve it . '' Mayweather and Pacquiao have been considered the best pound-for-pound boxers of their generation but a host of issues -- including differences over drug testing protocols as well as revenue splits and broadcaster conflicts -- have stopped the two from meeting in the ring . Both are coming to the end of their careers and have established interests elsewhere . According to Forbes , Mayweather , 38 , is the highest paid athlete in world sport . Pacquiao , who is 36 , has run for political office in his native Philippines .
Promoter : This promotion is managed by The Fight Network. Kenny Bayless named as referee in Mayweather-Pacquiao 's bout , dubbed the `` fight of the century ''