Manny Pacquiao adviser Michael Koncz claims Floyd Mayweather turned down $50 million offer -- Telegraph

By Gareth A Davies, Telegraph.co.uk

Manny Pacquiao’s adviser Michael Koncz has claimed that Floyd Mayweather Jnr refused a US $50 million offer to step into the ring with his Filipino rival later this year. The fight was expected to generate in the regiom of $200 million, one of the richest fights in boxing history, to rival Mike Tyson’s heavyweight battle with Evander Holyfield.

Negotiations between two of the world’s leading boxers have hit obstacles at every turn, with the duo falling out over the timing of blood tests taken before a possible showdown last year.

Last month Pacquiao’s team claimed that Mayweather would only consider fighting the WBO welterweight champion if he was guaranteed to earn $100 million dollars – a request which would led Pacquiao’s promoter Bob Arum claiming the eight-weight world champion from the Philippines would have to “fight for nothing”.

Koncz, Pacquiao’s Canadian adviser, revealed yesterday that $50 million was offered to Mayweather but the American declined the proposal. “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. If the pay-per-view comes in higher, Manny and Mayweather would make more. He refused the $50 million… It means he doesn’t want to fight Manny at this point in his career. Very simple.”

Source: blogs.telegraph.co.uk