Despite the challenges to Manny Pacquiao from Floyd Mayweather, the super-fight between the boxing superstars is still not happening. And, Floyd has just made it clear, he will not fight … for a 50/50 split of the revenue it would generate.
In a news conference on Tuesday (February 28), in support of his upcoming May 5th fight against Miguel Cotto, Mayweather echoed his previous comments about how revenues would be divided in a proposed fight with Pacquiao, saying the Filipino boxer, or anyone else, will not get 50/50 in a fight against him.
“Just by speaking to Pacquiao on the phone, I mean, he’s not one of the sharpest knives in the drawer,” the undefeated boxer said. “He faces Floyd Mayweather, he’s not getting 50-50. Not at all. No one is getting 50-50.”
Pac-Man’s team is demanding a 50/50 split, but instead, Mayweather wants to pay the boxer a flat-rate of $40 million.
While Mayweather continued his “take the rest”comments about Pacquiao, referring to a random drug testing stipulation, boxing media say that the payout is the real issue holding up what could be the biggest earning fight in boxing history. Pac-Man’s promoter, Top Rank’s Bob Arum, has said testing is not an issue.
“Bob Arum likes to match Top Rank fighters with Top Rank fights. He keeps all the money in house,” Mayweather said.
“If I offered him $30 million, he should be happy,” he added. “If I offered him $30 million and I didn’t give money on the back end, why should I? He’s with Arum right now, and they’re having problems. It’s obvious he must not be getting money on the back end.”
Some fans have accused Mayweather of ducking Pacquiao, but he says that’s definitely not true. Instead, Mayweather accuses Arum of being greedy … and that’s why negotiations between the camps have failed.
“If I’m scared and I’m a coward, why do you guys want to see me fight?” Mayweather said. “Do I want the Pacquiao fight? Absolutely. But it’s going to be hard to make the fight because Arum is worried about getting money.”
While Mayweather and Pacquiao move on to other fighters, it’s a fight between the two every fan still wants. But, the wait is becoming too much for some and interest may be starting to fade … especially with us.
So, if anyone’s still interested. Mayweather faces off against Miguel Cotto on May 5th at the MGM Grand Garden Arena in Las Vegas. It will also be televised live on pay-per-view.
Cotto is coming off of three wins since losing his welterweight title fight to Pacquiao in November 2009. He feels the 154-pound weight limit will favor him, as he brings power to a smaller opponent. Can his power match Mayweather’s speed though? What do you think?
Mayweather is set to begin serving a 90-day jail sentence on June 1, stemming from a domestic violence case with his ex-girlfriend in late 2010.