Bob Arum
Pacquiao's promoter Bob Arum of Top Rank Boxing said on 22 January that the fight "was off", citing Pacquiao's decision not to sign the contract. Arum increased Pacquiao's guaranteed purse to US$12 million from $11 million and a 52%–48% split. Pacquiao's camp asked for "more demands and the deal fell apart", he said.