Donaire and Bute may not be fighting the types of challenges we would like to see top p4p guys face, but I wouldn't call them protected (as you pointed out in your post). What I'm talking about is a little bit different. For example, Donaire's next fight is against the top ranked junior bantamweight fighter in the world and I don't really see him as a case where he's not facing the people he should face. Also, Bute is facing Glen Johnson who is a top 10 super middleweight now.
Not the same as Chavez Jr., Chris John, or Felix Sturm who are seasoned professionals continuing to face club fighters.
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