BoxingScene.com reports that Floyd Mayweather offered Manny Pacquiao a $40 million flat fee to fight on May 5th. The offer would mean that Mayweather would keep any PPV, gate and any other fight revenue from the long-awaited matchup.

The proposal was offered in a phone call Mayweather made to Pacquiao last week. Its unlikely that Pacquiao would take this offer although the $40 million would be the most he would make for one fight in his career.

With this proposal, its assumed that Mayweather’s take from this proposed fight would greatly exceed $40 million. For example, Mayweather’s business model from his last fight includes multiple revenue streams including foreign sales for the fight broadcast, closed-circuit revenues, site revenue and sponsorships. It was estimated that Mayweather made $40 million from the Ortiz fight. Mayweather did front $10 million in marketing costs to promote the Ortiz fight under the Mayweather Promotions banner. Its not clear, but unlikely, that Mayweather asked Pacquiao to put up money for promotional costs.

Payout Perspective:

And the saga continues in the struggle to make this fight. While the $40 million is the most Pacquiao will ever make in one fight, not receiving a portion of the PPV revenue, or any other streams of revenue, would greatly reduce, and shortchange Pacquiao’s earning potential. Its likely that the revenue for the PPV alone would be astounding considering the long wait for this fight. While Mayweather may carry the promotion of this fight domestically, its Pacquiao that would help international sales. This would include the many Filipino fight fans that would come to Vegas (the likely spot) for the fight.

Its hard to imagine Pacquiao fighting under a Mayweather Promotions only banner. Mayweather has said that he will not take a 50-50 split so we will have to wait and see if this fight will ever happen.