Basically this is the 3rd person who has turned down the lucrative payday w/ the fishnets wearing tranny. First Mayweather retired, then Ricky Hatton said no thanks, now Pacquaio is like peace, I ain't taking the short end of no 70-30 split. So at this point, Gay la Hoya has no negotiating leverage.
In my professional opinion, I think there's still a chance he fights Pacquiao, and this was just a negotiating ploy by the Filipino matinee idol to drive up his piece of the pie. I also think there is still an outside shot, that Pretty Boy Floyd comes out of "retirement" to take on Oscar and make a quick $25 mil or whatever. It's either that or he fights someone like "Stinky" Winky Wright (who has nothing on the table at this point) in a bore-fest that no one will care about, or maybe he agrees to come up to light heavyweight to fight the corpulent Tito Trinidad in a rematch of their 1999 welterweight suckfest. An outside shot he fights Miguel Cotto. No way he fights Margarito, he's too scared.
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