From the very detailed Wikipedia entry on the fight: The
Telegraph reported on December 20, 2013, that Mayweather said Pacquiao’s association with promoter Bob Arum is the reason why the bout will not happen. "We all know the Pacquiao fight, at this particular time, will never happen, and the reason why the fight won't happen is because
I will never do business with Bob Arum again in life, and Pacquiao is Bob Arum's fighter," Mayweather said.
If you read the entire Wikipedia entry on the details of the fight negotiations, you'll see that Arum lied about negotiations on a number of occasions. He claimed he had been in talks with people that he hadn't been in talks with. He seems to lie all the time. No one would know this better than Floyd, who had him as a promoter for 10 years. Arum still owes Floyd millions of dollars for the Gatti and Judah fights. I assume Floyd got tired of Arum's constant lying and bullshitting to reporters and the general public and decided that he would never do business with the man again. That's his right. He doesn't need Arum to be the highest paid athlete in the world.
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