An intriguing report from Kevin Iole documents how far apart Floyd Mayweather and Manny Pacquiao are at the bargaining table. Manny tells Iole that he still wants the fight, but Floyd's offer was absolutely ridiculous. If you remember this soap opera correctly, you remember that Floyd offered Manny a joke flat $40 million offer and then Manny countered with a joke $50 million offer with the winner taking an extra 10% of the PPV money.
"He talks, he says all this, but you know what: He doesn't want the fight," Pacquiao firmly told Yahoo! Sports in an exclusive interview. "I want the fight. I'm the one who has wanted this fight all along."
"He offered me $40 million, and no pay-per-view [money]," Pacquiao said, breaking into a laugh. "No pay-per-view. Can you believe that? Would you do that? Come on. What would he say if I offered him $50 million - not $40 million, $50 million - and said ‘No pay-per-view. Take this money and be happy, but no pay-per-view.' He wouldn't do it, either."
Manny then spoke about which demands need to be met for this fight to happen.
"I told him, ‘OK, 50-50 [with the money] and I'll agree to everything else,' " Pacquiao said. "I told him I would agree to all of the other things he was demanding. Everything. Even the blood testing he wanted, I would do it. But it had to be 50-50."
Floyd's right hand man Leonard Ellerbe responded to the fact that the fight needs to be split 50-50
"What Manny Pacquiao has to understand, and I don't think he understands this part, is that if the fight ever comes off, he'll never make the kind of money that Floyd makes," Ellerbe said. "That's simply because of the structure of his terrible deal with his promoter. [Pacquiao] is a guy who doesn't know what he makes fight to fight. He has no idea of where the revenue comes from. There's no way he's going to come up with something like that [offer] off the top of his dome."
I will reiterate something that Scott said earlier in the week:
This fight will not happen in November. It will probably never happen.
Floyd is not going to give Manny a 50-50 split and leaving over $10 million in the hands of the judges is never a good idea. These guys can still make a ton of money without each other, so expect this kind of bickering to continue until the status quo changes drastically.