Floyd Mayweather Says He Will Not Give Manny Pacquiao A 50/50 Split

Despite the challenges to Manny Pacquiao from Floyd Mayweather, the super-fight between the boxing superstars is still not happening. And, Floyd has just made it clear, he will not fight ... for a 50/50 split of the revenue it would generate.

Floyd Mayweather Jr.

In a news conference on Tuesday (February 28), in support of his upcoming May 5th fight against Miguel Cotto, Mayweather echoed his previous comments about how revenues would be divided in a proposed fight with Pacquiao, saying the Filipino boxer, or anyone else, will not get 50/50 in a fight against him.

"Just by speaking to Pacquiao on the phone, I mean, he's not one of the sharpest knives in the drawer," the undefeated boxer said. "He faces Floyd Mayweather, he's not getting 50-50. Not at all. No one is getting 50-50."

Pac-Man's team is demanding a 50/50 split, but instead, Mayweather wants to pay the boxer a flat-rate of $40 million.

While Mayweather continued his "take the rest"comments about Pacquiao, referring to a random drug testing stipulation, boxing media say that the payout is the real issue holding up what could be the biggest earning fight in boxing history. Pac-Man's promoter, Top Rank's Bob Arum, has said testing is not an issue.

"Bob Arum likes to match Top Rank fighters with Top Rank fights. He keeps all the money in house," Mayweather said. >>READ MORE