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Koncz: Floyd declined proposed fight deal

Floyd Mayweather Jr Manny PacquiaoBy Frank (Frankly) Livingstone: Now that the proposed Pacquiao Mayweather is off for now (Ho Hum), news and comments of the coming Mayweather and Cotto fight on May 5 is jamming this website.

But what aroused my interest is a comment from Pacquiao’s manager, Michael Koncz, who met privately with Mayweather in Las Vegas of his final offer to Floyd. Michael offered, with Pacquiao’s approval, a 55-45 split of fight revenues, with the fight’s winner gathering the larger percentage. He further added to the LA Times

Both fighters can earn more fighting each other than fighting anyone else in their career. Money and enough of it should be a big incentive to make this happen, or is it? Some fighters care about their legacy more than what they can earn in the fight. You have Ali, Frazier and other legends who fight the best in their era. And there are other fighters who care about protecting their legacy by cherry picking their fighters. Both Pacquiao and Mayweather have been accused of this.

The offer made by Koncz was indeed fair and a number of boxing fans in this website even suggested it. The question is why did Floyd Mayweather Jr. decline the offer? But of course, the purse split is not the only obstacle; we still have the dates and venue to be decided by both parties. Pacquiao made his intention known and willing to fight Mayweather on a 50:50 split or the proposed fight prize deal. However, refusing a 50:50 split or Koncz winner takes the bigger purse deal is not a good sign that Floyd is willing to take the high risk/high return road in establishing his legacy. Who is cherry picking then?

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