I don't think he's necessarily intimidated by Dawson, though I'm certain he's well aware of the risk that would come with fighting him. I'm sure Hopkins thinks he would win (I'm sure he think he could topple both Klitschko's in one night), but I doubt Dawson brings a lot of money to the table, and I'd think that that, combined with the risk associate with a Dawson fight, probably makes it seem like it just isn't worth it. I'm sure if the money was there, like it was with Pavlik, he'd be clamoring for the fight.
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