Floyd Mayweather Jr. rejected the hefty penalty of $5 million for a failed drug test as pushed by Manny Pacquiao’s adviser Michael Koncz; choosing to go with the regular penalties both boxers will be subjected to in the event this will happen.
According to a report in the Inquirer, everything in the main contract has been signed by both camps, but Koncz pushed for the fine afterwards; saying the camp did not attempt to add this to the final contract so as not to jeopardize the negotiations.
Mayweather’s attorney Jeremiah Reynolds calls Koncz an “idiot” for trying to push this after the fight contract was signed, but not saying a thing during the negotiations.
Reynolds believes Pacquiao should have conveyed his wish for the fines to be imposed before both camps finalized the deal. He added that it seems Koncz is merely trying to drum up publicity for the fight using the ages-long issue of drug testing between Mayweather and Pacquiao.
Five years ago, during the failed negotiations for the fight between the two elite boxers, Mayweather accused Pacquiao of using performance enhancers. Angry at the baseless assumptions, Pacquiao sued Mayweather. The case was later settled out of court.
Later statements made by the American boxer continue to hint about Pacquiao’s supposed drug use, but he was more careful in choosing his words so the Filipino fighter could not sue him again.
In a report on ESPN, it was revealed that the penalties for positive results for a banned substance go beyond $5 million.
Instead of monetary penalties, the sanction would be much heavier because the fight will be cancelled. Just imagine how much the fighters would lose if either of them tested positive.
Moreover, the fighter who tests positive will face a ban of four years, as stipulated by the World Anti-Doping Code. Because both fighters have agreed that the US Anti-Doping Agency (USADA) will facilitate the drug tests, they must abide with the penalties imposed by the World Anti-Doping Code.
Thus, if Mayweather or Pacquiao fails the drug test, not only will both fighters lose the huge purse [reportedly $120 million for Mayweather and $80 million Pacquiao] for the cancelled fight; as whoever failed the test will not be able to fight in four years, too.