Jennings, 28, is ranked one place below Tyson Fury with the International Boxing Federation and it was thought that the American would be next in line to fight Puilev after the former British champion turned down the chance with purse bids passing yesterday.
‘By By’ confirmed when contacted today that he had already been offered the terms for the contest, which amounted to a payday that he would not even consider for a clash outside of his home country.
“Pulev’s people are not paying enough at all for that fight,” Jennings explained to World Boxing News.
“They want a 75-25 split in their favour and the bid was only for a 100k fight in his hometown too!”
The Philadelphian is himself back in the ring on June 14 at the Sands Resort Casino in Pennsylvania against Andrey Fedosov and looks set to bide his time for a world title chance until the right offer comes around.
Fury, however, is now being linked to a possible £10million United Kingdom clash with compatriot David Haye, with the winner possibly taking on the Vitali Klitschko or Berman Stiverne early in 2014.