Floyd to Pacquiao: Take it or leave it

Posted at 04/23/2012 6:27 PM | Updated as of 04/23/2012 6:27 PM

MANILA, Philippines – Undefeated American boxing star Floyd Mayweather Jr. is not changing his mind about his offer of a $40-million guaranteed purse to Filipino boxing icon Manny "Pacman" Pacquiao, with no share of pay-per-view revenue.

The Pacquiao and Mayweather camps were engaged in negotiations for a potential blockbuster fight earlier this year, but talks broke down after they failed to agree on the purse split.

Floyd Mayweather during a press conference in New York. Photo by Andrew Burton, Reuters.

"I'm not budging. $40 million is what you are getting. Either you take it or you leave it," Mayweather said during his appearance on HBO's "Floyd Mayweather: Speaking Out," as quoted by RingTV.

Pacquiao confirmed in an interview on ANC's "Headstart" that Mayweather had offered him a guaranteed purse of $40 million for their fight, but he will not get a share of the pay-per-view revenue.

"Lugi tayo dito (dahil) ayaw n'ya akong bigyan ng share ng pay-per-view," Pacquiao said. "Kapag pumayag ako ng wala akong pay-per-view, parang pagtatawanan ako ng mga tao, na parang ganito kabobo si Manny Pacquiao."

Pacquiao is willing to fight Mayweather for a lesser guaranteed purse, but he wants an equal share of the pay-per-view revenue.

"Kung magkano 'yung guaranteed purse n'ya, kahit hindi ko na pantayan. Basta 50-50 lang kami sa pay-per-view, walang problema," he said.

Mayweather is adamant that he wants to fight Pacquiao before he retires, but he refuses to change his stance on the issue of the guaranteed purse and revenue sharing.

"I called him to make the fight," Mayweather said, referring to their much-publicized phone conversation. "You can tell somebody is in his ear, because he already knows."

"Like I said before, my offer is what it is. And my offer, it won't change... Like I've said before, Manny Pacquiao needs Floyd Mayweather. Floyd Mayweather don't need Manny Pacquiao," he added.

Aside from the purse split and pay-per-view revenue sharing, there are other issues that prevent the Pacquiao-Mayweather mega-fight from happening.

Chief among these issues is the defamation lawsuit that Pacquiao has filed against Mayweather after the American accused him of using performance enhancing drugs.

Pacquiao has already agreed to Mayweather’s demands of a random blood and urine testing.

If Mayweather ever does face Pacquiao inside the boxing ring, the American superstar has already thought of a way to make a splash before the bell even sounds: he is confident that he can bring President Barack Obama inside the ring with him.

"People want to know how much power Floyd Mayweather's got? I can guarantee you this. I show you how much power I've got. If I could fight Manny Pacquiao, I would let Obama walk me to the ring carrying my belt," Mayweather said.

"Can I make it happen? Absolutely."

The undefeated boxer said he met the President before he got nominated.

"Barack Obama is truly a great guy. A great guy. The coolest president that I ever met. He's got swag," Mayweather said.