Prior to Floyd Mayweather Jr.'s prison sentence being delayed, Bob Arum mentioned May as a possible month for Manny Pacquiao's next bout. Immediately following Mayweather's continuance, Arum made clear that Manny's fight will happen in June and that, essentially, Mayweather is off the table.
Why is this?
The most obvious reason points to the fact that Pacquiao would almost certainly enter the ring against Mayweather as an underdog and, should he lose, the disruption to his career could be immeasurably worse for Arum than the ramifications of ducking Mayweather. If Pacquiao loses against Mayweather and politics takes up a far greater role in his life to the point where fighting becomes something on participated in on a sporadic basis, what's the upside from Arum's point of view?
Arum has made it clear, despite Mayweather's availability and with no obvious impediment to making the fight happen for May 5, Mayweather-Pacquiao is off the table. Arum, by his own account, is only willing to discuss the four possible opponents for Pacquiao's next fight that he'd disclosed earlier in the week: Lamont Peterson, Bradley, Juan Manuel Marquez and Miguel Cotto.
How pathetic an arrangement is this?
How often do two great fighters occupy the same era and weight class? These days (and the coming ones, I'll hazard a guess), increasingly rare it would seem.
So where does this leave Mayweather and his prospects for May 5?
If it's Cinco de Mayo he's trying to cash in on, the likely opponent has to be Saul "Canelo" Alvarez. Why not Alvarez? He's promoted by Golden Boy, just like Floyd has been his last handful of big fights. "Canelo" eagerly wants the fight and brings a massive Mexican fan base to help sell it.
While Golden Boy CEO Richard Schaefer hasn't conceded who the opponent will next be, my guess is Canelo.