When I first met with Floyd, at his gym, that was at the instruction of Manny - to reach out to Floyd and see if he’s serious about this fight. Because in the past, we've tried to make this fight three times. Twice with the two promoters involved and once with intermediate people involved. Me and Manny believe this fight was never made for a couple of reasons, because it was being negotiated in the media. And I believed that maybe Floyd wasn’t getting the facts as they were being presented to his people. So I reached out to him. When I went into the gym, per Manny's instruction, I asked him point blank if he wanted the fight because we were interested and I didn’t want to play games. He said 'yes.'
Then I informed him that we were okay with the blood testing. We were okay with the blood testing every day, except the day of the fight and then we chatted just general conversation and that was just the extent of our negotiations. I also told him that we should keep this out of the media, and we're doing like you said a few months ago in the media, that Manny needs to be his own boss, and that’s why he has sent me here as his representative.
So we had a couple of conversations in-between there. Then I went back to the Philippines. And then he called me to discuss the fight again. He said that he wanted to pay us $40 million dollars, $40 million wired within two days. I put Manny on the phone with Floyd. Manny told him that he had no problem with a 50-50 revenue split and that he was sending me back to America to discuss the matters further with Floyd - which I did the following Monday. I arrived in America [and] I went to Vegas. I met with Floyd on two separate occasions, personally, and spoke to him on the phone a couple of times.
I informed him that Manny would not accept a buyout of $40 million. Because that's what it was. When I asked Floyd about the [pay-per-view/revenue] overage, he said 'I'm paying you guys $40 million, accept that first and then perhaps we can talk about something on the overage at the end.'
I said that 'I discussed it in depth with Manny and we can't accept those terms Floyd. But what Manny has offered me to do, is split the revenue 45-55 - with 55 going to the winner of the fight.' So I told Floyd that if you’re the best fighter in the world, then no problem you're going to get the extra ten percent. On a fight of this magnitude, that's $200 million and that's an additional $20 million to you. It wasn't accepted.
About a week later, I spoke to him a couple of times in-between, and I relayed our final offer to him - that we do the blood testing every day except for the day of the fight and we would do the revenue split 45-55. However, I added in there, that at this point in time that we would guarantee his purse to be $50 million dollars. Because in our prior conversation, his purse was going to be [guaranteed] by somebody else. And then again he was adamant about doing this $40 million dollar buyout.