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Floyd Mayweather rejects $5 million penalty for doping

By Aileen Graef
Manny Pacquino's coach Freddie Roach addresses the media during a news conference promoting the upcoming boxing match between Manny Pacquiao (R) of the Philippines and U.S. boxer Floyd Mayweather (L) in Los Angeles on March 11, 2015. The fight is set for May 2nd in Las Vegas. "This is the biggest challenge of my life," said Roach. I've been looking forward for this for a long time. We're fighting the best fighter of our life. But we're going to kick his ass! Good luck Floyd." Photo by Jim Ruymen/UPI
Manny Pacquino's coach Freddie Roach addresses the media during a news conference promoting the upcoming boxing match between Manny Pacquiao (R) of the Philippines and U.S. boxer Floyd Mayweather (L) in Los Angeles on March 11, 2015. The fight is set for May 2nd in Las Vegas. "This is the biggest challenge of my life," said Roach. I've been looking forward for this for a long time. We're fighting the best fighter of our life. But we're going to kick his ass! Good luck Floyd." Photo by Jim Ruymen/UPI | License Photo

NEW YORK, March 20 (UPI) -- Floyd Mayweather rejected an agreement to pay $5 million if he failed a mandatory drug test before his fight with Manny Pacquiao.

"It was very simple," Pacquiao's adviser Michael Koncz told USA Today. "If Manny failed a test, he would have to pay $5 million. If Floyd failed, he would have to pay $5 million."

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Mayweather rejected the deal, resurfacing old wounds. Mayweather cited Pacquiao's refusal to undergo drug testing in 2009 as the reason for his opposition. Pacquiano sued Mayweather for defamation for suggesting he was using performance-enhancing drugs. The case was settled in 2012.

"They have made derogatory statements for years about Manny [supposedly using PEDs], and now we challenged them by asking for the $5 million fine, and they refused to do it. It's disheartening," said Koncz.

Leonard Ellerbe, CEO of Mayweather Promotions, said they should have brought this to the table in the original contract.

"If this moron [Koncz] didn't convey his fighter's wishes when the negotiation was going on, that's their problem. This is a lame-ass attempt to generate publicity," Ellerbe told ESPN.

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The upcoming fight is expected to be extremely lucrative with 3 million pay-per-view sales and a purse split 60-40 in favor of Mayweather, who could make as much as $120 million.

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