Ellerbe said Mayweather opted for the buyout so he could be "more in control of when and who he fights next. It's as simple as that. There is nothing bad between Floyd and Bob."
Arum agreed that the split with Mayweather was not on bad terms like their brief breakup last year. In fact, Arum said, "We intend to be back together. Everything with this was honorable and good. I had offered him numbers [for a multi-fight contract extension] that were livable. His expectations are in the stratosphere. He was entitled to buy me out, and he did. We decided this was the best way to handle it. He is a free agent. We have agreed to work with each other [in the future]."
The split frees Mayweather to make a potential deal with De La Hoya without Arum as part of the promotion. His involvement would have made making a deal almost impossible: The head of Top Rank has openly feuded with De La Hoya, his former superstar, and their companies rarely do business together as a result.
Arum said he was simply not interested in participating in a De La Hoya-Mayweather fight, but not because of his distaste for De La Hoya.
"I don't want to, because if I did that fight, I would be working for such a small percentage, it's not worth it," he said.
Arum agreed that the split with Mayweather was not on bad terms like their brief breakup last year. In fact, Arum said, "We intend to be back together. Everything with this was honorable and good. I had offered him numbers [for a multi-fight contract extension] that were livable. His expectations are in the stratosphere. He was entitled to buy me out, and he did. We decided this was the best way to handle it. He is a free agent. We have agreed to work with each other [in the future]."
The split frees Mayweather to make a potential deal with De La Hoya without Arum as part of the promotion. His involvement would have made making a deal almost impossible: The head of Top Rank has openly feuded with De La Hoya, his former superstar, and their companies rarely do business together as a result.
Arum said he was simply not interested in participating in a De La Hoya-Mayweather fight, but not because of his distaste for De La Hoya.
"I don't want to, because if I did that fight, I would be working for such a small percentage, it's not worth it," he said.
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