According to ABS/CBN News report, Manny Pacquiao confirmed that negotiations were in progress with team Mayweather.
"Ongoing ang negotiation sa fight namin ni Mayweather, hindi pa final (Negotiations are ongoing for my fight with Mayweather, but nothing is final), said Pacquiao himself.
"Nakita n'ya [Mayweather] na, 'pwede ko na labanan si Manny, dahil medyo nahirapan s'ya si Marquez, e si Marquez, binugbog ko [Mayweather] lang', (Mayweather may be thinking, I can fight Pacquiao now because he had trouble against Marquez, and I was able to beat up Marquez),” commented Pacquiao.
With Ariza’s recent public outburst of dislike for the way Arum handles Pacquiao, maybe now a deal can be reached between the two camps, and Arum will ‘allow’ Pacquiao to finally face Mayweather Jr.
Having said all that, I prefer to keep my hopes at bay, as we have all heard this song being sung before. Negotiations occurred and fell through.
If they are indeed discussing the fight in a serious fashion with the intention of making it happen in May, then a signed contract will be the only thing that raises the public’s optimism.