Manny Pacquiao’s adviser Michael Koncz has revealed that Floyd Mayweather has rejected the proposal of a $5m penalty for a failed drug test before May 2.
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“Today we were informed that Mayweather turned down the request,” Koncz said, ESPN reports.
“Manny had requested that there would be a reciprocal fine of $5 million for a failed drug test.”
Koncz noted that even though the agreements for the fight are signed and both fighters agreed to USADA to oversee the random blood and urine testing for the fight, they were still discussing the terms of a substantial fine for a failed test separately.
However, he has revealed that Mayweather’s attorney sent a letter to Pacquiao’s attorney on Thursday declining to agree to the financial penalty.
Given the speculation and back-and-forth between the two camps placing blame on one another over the years, it is difficult to note with much confidence as to who is telling the truth.
After the super-fight was announced for May 2 at the MGM Grand in Las Vegas last month, it was believed that all the issues had been resolved. However, it doesn’t appear as though that is the case, with CEO of Mayweather Promotions, Leonard Ellerbe, hitting back and insisting that they should have negotiated that into the main contract.
“Michael Koncz is an idiot, and Manny Pacquiao should be ashamed to have him as his representative, in my opinion. It’s obvious he didn’t read the contract. Why would he have his fighter sign something he was not happy with? The deal was negotiated up and down by his promoter [Bob Arum of Top Rank] on behalf of Manny with Floyd and Mayweather Promotions, and it’s been well documented in the media for quite some time.
“If this moron didn’t convey his fighter’s wishes when the negotiation was going on, that’s their problem. This is a lame-ass attempt to generate publicity.”
Given that the drug testing protocol was a significant factor in the failed negotiations six years ago, it appears as though the two camps aren’t yet done bickering over it.
However, the main thing to note is that the fight is on and both fighters have already received several visits from USADA for random tests to ensure that they are clean.
The hope is that the penalty won’t even be an issue as the world awaits the biggest fight in boxing history on May 2.