The Oscar de la Hoya/Manny Pacquaio fight is off for now after negotiations between the two fighters’ management teams broke down. Apparently, Pac-Man’s people wouldn’t budge from his revenue split demands prompting the Golden Boy Promotions team to take their ball and go home:

Talks reached a stalemate Wednesday when neither De La Hoya nor Pacquiao would budge from the percentage split each wanted.

According to Top Rank promoter Bob Arum, Pacquiao’s promoter, De La Hoya was seeking a 70-30 revenue split in his favor while Pacquiao wanted 40 percent of an HBO PPV fight that would likely generate more than $100 million.

“Bob told me today that Manny has declined to the accept the terms,” Golden Boy Promotions CEO Richard Schaefer told ESPN.com. “I had a nice conversation with Bob. We’ll move on and I guess Manny will move on.”

Boxing journalist extraordinaire Dan Rafael is now reporting that Oscar is looking to fight Sergio Mora this fall in Las Vegas:

De La Hoya, boxing’s biggest star, is now closing in on a deal to face junior middleweight titleholder Sergio Mora on the same date in an HBO PPV fight from the MGM Grand in Las Vegas, Mora and promoter Jeff Wald told ESPN.com on Wednesday night.

Our compadres at The Sweet Science offer their take on the matter:

Pacman dumps Oscar @ The Sweet Science