Despite a guaranteed $50 million offer, former pound-for-pound king Floyd Mayweather Jr. still refuses to enter the ring with Filipino superstar Manny Pacquiao.
Manny Pacquiao’s Canadian adviser, Michael Koncz, revealed that $50 million was offered during their most recent negotiations with Mayweather’s camp.
“A country that I won't name offered us $100 million to bring the Mayweather fight there,” he told abs-cbnNEWS.com.
“So we, in turn, offered $50 million to Mayweather as a guarantee[d purse]. If the pay-per-view comes in higher, Manny and Mayweather would make more,” Koncz added.
He said negotiations went downhill after the flamboyant Mayweather, dubbed as “Pretty Boy Floyd,” demanded a staggering $100 million purse.
“He refused the $50 million… It means he don't wanna fight Manny at this point in his career. Very simple,” said Koncz.
Pacquiao’s promoter Bob Arum, earlier, confirmed that discreet talks with the Mayweather camp, through fellow promoter Don King, bogged down when Mayweather demanded a $100-million purse.
The $50-million offer is the highest in Mayweather’s 15-year professional career.
The controversial boxer made his biggest payday in 2007 when he fought boxing great Oscar de la Hoya for a guaranteed $25 million.
In his most recent fight against Shane Mosley in 2010, Mayweather earned $22.5-million.
Despite his multi-million dollar earnings, Mayweather still failed to fulfill his tax obligations.
According to The Detroit News, the Internal Revenue Service (IRS), recently charged Mayweather with liabilities of up to $3.4 million.
This is the second time the IRS has charged Mayweather for unpaid taxes—the first time being in 2009, when he had $6.2 million in unpaid taxes since 2007.
Saturday, April 9, 2011
Mayweather offered $50M but still refuses Pacquiao fight
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