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Reason why Mayweather vs Pacquiao is not happening

Professional boxing is a business. Sometimes a dirty business. Everybody in the world is looking to see Floyd Mayweather vs. Manny Pacquiao. Pacquaio fans say Floyd is scared, Mayweather fans contend that Manny is the one afraid. In truth both neither fighter are scared and I believe that both want to fight eachother. To acheive everything that these two fighters have acheived takes tremendous confidence and ego. I'm sure they're both tired of hearing the other one is better than him.
The real breakdown is Pacquiao's promoter Bob Arum. I'm not saying he's right or wrong but he's a promoter and his goal is to make the most money possible. By allowing a Mayweather-Pacquiao fight to happen he loses money. He will make more money having Manny fight Tim Bradley than Floyd Mayweather. How can that be? Well if Floyd and Manny fought it would a co-promotion also there would be alot more checks and balances. The co-promotion automatically splits the profit by 50% also there is an extra set of eyes watching how money is being allocated (or not allocated).  There has been widespread speculation that Arum is not appropriately paying Pacquiao and even flat out stealing from him. This type of "funny" business becomes harder when everything isn't "in house". Not to mention Arum hates Mayweather and would have to get his approval on every little piece of the promotion. At the end of the day Bob Arum is involved in Boxing to make money not great fights.

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