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Pacquiao said he called Mayweather personally to try to broker a deal for a world championship fight, and thought they had an agreement.
Mayweather said he would give Pacquiao a $40-million lump-sum payment if Pacquiao agreed to let Mayweather keep the pay-per-view earnings for himself.
“It was embarrassing to me,” Pacquiao said. “He was trying to take advantage of me. It is clear he didn’t want to fight.”
Some experts have estimated that the pay-per-view earnings could be around $160 million.
Pacquiao and Mayweather have tried several times to get a contract signed, but it has been scuttled for a variety of reasons, including disagreements over blood testing and the share of the purse.
“I called Floyd, and told him that we need to make this fight happen,” Pacquiao said. “I said he could have whatever he wants, blood testing and a 50/50 split, and he said: ‘Oh, well. I will give you what you want.’ Then he mentioned the pay per view.”
For now, Pacquiao and the unbeaten Mayweather have lined up other opponents with speculation that the mega fight could happen later in the year if it comes off at all.
Pacquiao is scheduled to face American Timothy Bradley on June 9 at the MGM Grand Hotel and Casino in Las Vegas for Pacman’s World Boxing Organisation welterweight belt.
Mayweather is set to fight Puerto Rico’s Miguel Cotto on May 5 for Cotto’s World Boxing Association super-welterweight title at the same venue.
Paquiao’s trainer Freddie Roach said they are not taking Bradley lightly, but it is hard not to get excited about a possible upcoming mega fight against Mayweather.
“If both [Pacquiao and Mayweather] come off with good wins, it will be a step in the right direction,” Roach said. “That is the match everyone in the world wants to see.”
Bradley was one of several fighters in the mix as a possible Pacquiao opponent, after Mayweather fell through.
Bradley boasts a record of 28-0 with 12 knockouts. Pacquiao, 54-3-2 with 38 knockouts, hasn’t lost since March 2005, and is considered the best pound-for-pound boxers on the planet.
But Pacquiao was less than dominant as he struggled to a majority-points decision over Juan Manuel Marquez in November.
Bradley and Pacquiao kicked off their promotional tour on Tuesday at The Beverly Hills Hotel. They smiled as they posed for photos together, and Pacquiao then lightheartedly borrowed a camera and took pictures of Bradley in his boxing pose.
Joking aside, Roach said he expects Pacquiao to be ready to knock Bradley out.
“I don’t want him to be compassionate,” Roach said. “I want him to knock people out. Manny can’t be a nice guy, and try to touch gloves in the ring with him.