Manny Pacquiao is not only one of the two greatest pound-for-pound boxers in the world but a master of understatement. Such is the modesty of the multi-tasking Filipino – he is also a congressman, the world's shortest professional basketball player, a singer, actor and philanthropist – that he describes the up-coming richest event in boxing history like this: . 'I can say this will be one of the most important fights in my career.' VIDEOS Scroll down to watch . Manny Pacquiao says the fight with Floyd Mayweather will be one of the biggest in his career . Pacquiao spoke to CNN's Ivan Watson in an exclusive interview, where he spoke about the May 2 fight . Yes he could say that, since for their exploits in Las Vegas on May 2 he and Floyd Mayweather are expected to share a $300million (£218m) purse ($180m (£131m) to the Money Man, $120m (£87m) to the PacMan). Pacquaio, in an exclusive interview with CNN, also reveals that the eldest of his five children played a major part in urging him to keep pursuing Mayweather for the showdown which is expected to draw a record US pay-per-view audience of four to five million buys. 'My son and daughter really wanted this fight to happen and they will be in the front row,' he says of the $6,000-plus seats he has reserved for them and his wife Jinker at the MGM Grand Garden Arena. Manny Pacquiao trained in the Philippines before jetting to Los Angeles to continue his preparations . Pacquiao shows off his speed and power as he trains at Freddie Roach's Wild Card Gym . The Filipino star is now in Los Angeles to complete his training regime for his fight with Floyd Mayweather . 'Three years ago they said 'Daddy, I want you to fight Mayweather. I want you to fight Mayweather.' I said, 'Why? It's not my fault he doesn't want to fight.' 'Finally now it's happened. And they really, really want to watch. 'It's been five years in the making…and finally it's happening. The fans deserve it.' Of his massive pay-day, the PacMan says: 'I feel blessed and I owe a lot to those fans. First to God but also the fans because of their support.' Pacquiao, who uploaded a photo of his daughter on Instagram two weeks ago, says his children wanted fight . Mayweather began training in his Las Vegas gym exactly two months before fighting Pacquiao . Mayweather, still undefeated at 38, is training in Las Vegas, where the fight will take place on May 2 . This highest of all his multi-million pay-days – a good proportion of which will be donated to the poor in his homeland - will not result in his offspring being spoiled. To help teach their children to appreciate the life they now enjoy, the man who rose from poverty to an unprecedented eight world titles in different divisions and his wife have moved them from an academy for international students to a school with no air conditioning. He says: 'I want them to experience, so they can meet hungry families. So they will not mistreat other people or treat other people differently.' Pacquiao was last in action when he dominated Chris Algieri over 12 rounds in Macau on November 23, 2014 .
Manny Pacquiao will fight Floyd Mayweather in Las Vegas on May 2 . Filipino boxer speaks to CNN in an exclusive interview regarding bout . Pacquiao says it 'will be one of the most important fights in my career'
Also claims children have been asking him to fight Mayweather for years . Both boxers have started training for the mega-fight .