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Floyd Mayweather Jr vs Manny Pacquiao Fight Hits A Snag As Dubai Firm Retracts Their $120M Offer

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It is no secret that one reason why the Floyd Mayweather Jr vs Manny Pacquiao fight can't push through is the division of earnings. The two camps claim they should get what they deserve. So when a Dubai firm entered talks and offered Floyd $120 million to fight Manny, hopes went high. Fans think fight between the eight-division world champ from the Philippines and the undefeated American took one step closer.

But of course, the offer comes with a price. In exchange for the money, Floyd should agree that they will make the highly requested face-off happen in Dubai.

"The media has been speculating the offer has gone up $10 million to a guaranteed $120 million, and they're right," said M. Akbar Muhammad, pesident and chief operating officer of Akbar Productions, LLC of New Jersey last December.

The Floyd Mayweather Jr vs Manny Pacquiao fight might not happen in Dubai, though, as Muhammad revealed that they are no longer pursuing the fight.

"We want to deal with serious individuals, individuals who have the ability to make a decision. Regretfully, that is not the case with Mr. Mayweather," the boxing executive said.

"The Abu Dhabi group is serious, and I will not allow them to dangle an inordinate amount of time. Now that time has come and the offer is gone," said Muhammad.

Floyd haven't made any comments regarding the Dubai firm's offer and the company is not happy with that. Based on Muhammad's words, it seems they are growing impatient with Floyd's silence.

"One, if Mr. Mayweather wishes to pass on, in essence, $120 million net dollars and, instead, fight for hot dog money, all I can say is that 'The Money Team' might consider rethinking its nickname," Muhammad said.

"Two, the very best of all time are just that because they overcame adversity; they met and beat their nemesis. That's (Muhammad) Ali meeting and beating (Joe) Frazier; that's (Ray) Leonard meeting and beating (Thomas) Hearns," he added.

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