The superfight between Manny Pacquiao and Floyd Mayweather Jr. has been the number one wanted item on the list of boxing fans for at least three years now.
The good news is that it finally looks like things are heading in the right direction. The fight could very well happen.
The bad news is that we are all going to have to wait longer than May 5th.
There are still plenty of issues that need to be worked out between Pacquiao and Mayweather before the fight can happen. We are, however, closer than ever before to getting the fight.
Pacquaio claims that Mayweather even called him the other night in order to try to work out a deal to get the fight done.
That's clearly a good sign.
There are still disagreements on the prize cut, the drug testing and timing of the fight.
Mayweather has the leverage, but Pacquiao isn't going to give in.
Pac-Man has made it clear that he has no problem passing on the fight to face others.
A recent report from ABS-CBN News states that Miguel Cotto has agreed to most of the terms to make a rematch between the Puerto Rican champion and Pac-Man possible.
If that is the case, the two could face off as early as June.
With Mayweather heading to prison around that time, it's likely that the fight with Pacquiao will come towards the end of the year if a final agreement is met.
The wait is getting excruciating, but better late than never.