I agree with most of this, but obviously MM did refuse to fight TJ. That's exactly what happened.MM did not refuse to fight TJ.
It was a monetary issue.
Besides, TJ was not the champion.
He had nothing to win by beating TJ.
I think he made the right choice for himself though. TJ wasn't champ. Why take such a high risk fight? Better to get a much weaker opponent in Ray Borg if the money is the same.