Why did Masvidal give up the fight?

Well-known blogger Jake Paul recently defeated former UFC welterweight champion Tyrone Woodley in a boxing match. After that, Paul turned to the president of the promotion, Dana White, and demanded to release top fighters such as Jorge Masvidal against him. And then Jake appeared on his brother Logan’s podcast called Impaulsive, where he made a financial offer to Masvidal regarding a possible fight.
“I offer you five million dollars plus a percentage of PPV. Let’s do it. This is more than you have ever been paid. Dana simply has to release you from the contract for this,” – quotes Paul MMA Junkie.
Jorge responded to the blogger’s call and said that Jake is obliged to offer a much larger amount so that he becomes interested in this fight. “The UFC won’t let me go for the dummy. But guarantee 20 million plus percentage of PPV, and I’m sure the UFC will handle this deal. Then I’d love to break your face. And if the promotion still refuses, because there is still little money, then come to us, sign a contract for one fight, and we will agree that I will only box in the cage. If I violate the contract, I will pay my fee, “Masvidal wrote on Twitter.
Recall that Jake Paul knocked out Tyrone Woodley in the sixth round.