It was settled and Floyd paid a amount more than what they expect to received and this according to a report. There's no ongoing negotiation like what Teodor said. Speculations on why Floyd paid more than they expect was because of a hidden positive test that might be used against him by the team Pacquiao.

The defamation case filed in 2009 by Pacquiao against Floyd Jr. was settled in a confidential tre-trial agreement in 2012 in a Las Vegas, Nevada district court. I can only assume that money changed hands in that settlement and it was the camp of Floyd which paid it. It was settled as part of the then efforts to restart negotiations for their much awaited fight which again fell through. Nothing is reported remotely referring to Intrepid's tall tales.

yea, its A....i read that it was settled when "rumors" of peds about floyed came out, he got 3 positive A-blood samples from the ortiz, cotto and mosley fights... pacs team of lawyers filed a sobpoena to access the files bein kept by usada... the result, floyed settled and paid pac more than what the court ordered.... I just wonder why it didnt made the headlines... two things, floyd is bein protected... or its a lie...

but if its a lie, why is usada hiding it?

Floyd paid out, simple.

We can only guess Floyd paid for it. If not he would have been back to prison already.

A... undisclosed amount...

A. Floyd paid Pac huge sum of money

B. Manny had just forgiven Floyd being the fighter -turned -preacher that he is

C. Its really NOT YET settled

D. None of the above..(But wanna share some of your inside stories amigos??)