It's kind of strange that this supposed failure to come to terms seemingly hasn't been picked up by any sources other than fightnews. Nothing on the Ring's website; nothing on boxingtalk.

I did see, however, that in Dougie Fischer's mailbag today, he called out the magazine for ranking Donaire so high:

"Montiel’s performance surprised and impressed me greatly. To be honest, with his accomplishments I believe Saturday’s victory was enough to earn him a lower top-10 pound-for-pound ranking. I was disappointed he didn’t make it into THE RING’s P4P ratings. I think he’s more deserving than Celestino Caballero (No. 10) and Nonito Donaire (No. 4), who has probably benefited more from a single victory (Darchinyan back in 2007) than any fighter in the past 10 years."