by Edward Chaykovsky

A few weeks ago, Manny Pacquiao appeared in two televised interviews and said he was willing to take a smaller percentage in order to finalize a mega-match with Floyd Mayweather Jr.

Pacquiao offered to split the revenue 55-45 in Mayweather's favor.

In the opinion of Mayweather, Pacquiao's offer is a sign of desperation. Mayweather doesn't view Pacquiao's worth as being on the same level as it was a year ago - because the Filipino star suffered a split decision loss to Timothy Bradley in June.

Regardless of the controversial nature in which Pacquiao lost, Mayweather says the loss is still registered on Pacquiao's record and that makes him less valuable.

"You have to realize this, in my opinion, Manny Pacquiao is desperate. He doesn't make his own decisions, because Manny Pacquiao has a boss, his promoter, that makes his decisions. Once you take a loss and you're on the decline...listen, Manny Pacquiao, whether he got cheated or not, his stock drops enormously after taking a loss. No matter how you took a loss, you took an L," said Mayweather to Ben Thompson of Fighthype.com.

Pacquiao returns on December 8th at the MGM Grand in Las Vegas, facing Juan Manuel Marquez for a fourth time.