Six weeks after improving his career record to 47-0, Floyd Mayweather’s next opponent is no closer to being revealed. The boxer still doesn’t know who he’ll be taking on in his next fight, which will likely take place in May 2015.

It’s not unlike Mayweather to take his time in choosing his next opponent. After agree to a bout with Canelo Alvarez in Sept. 2013, he waited over five months to finally announce that he would fight Marcos Maidana.

“I think they’re waiting to see what happens in the [Manny] Pacquiao fight," long-time boxing analyst Al Bernstein told International Business Times. “Assuming that is a possibility, that would give them another option. And then beyond that they’ll look at the other people that are available, and they also want to see if Amir Khan wins in December, probably … I’m guessing they’re probably waiting to see what happens with some of these things.”

Pacquiao will put his WBO Welterweight Title on the line in November when he faces Chris Algieri. He’s won two straight fights, following losses to Timothy Bradley and Juan Manuel Marquez in 2012.

If Pacquiao earns a convincing victory over Algieri, it could provide more incentive for Mayweather to agree to the mega-fight. However, the potential match has been discussed for years, and Mayweather still appears reluctant to get in the ring with the 35-year-old.

“My own personal feeling is if it doesn’t happen now then you can pretty much write it off,” Bernstein said.

A victory for Algieri could make him one of the top candidates to be Mayweather’s next opponent. As a 7/1 underdog, it would be a major upset to see Algieri come out on top, but the 30-year-old is undefeated. Consecutive wins over Emmanuel Taylor, Ruslan Provodnikov and Pacquiao would make him an obvious choice for Mayweather.

Considering Mayweather-Pacquiao may never happen, a Pacquiao victory would further cement Amir Khan as the most likely opponent for the undefeated boxer. Mayweather had considered Khan for his fight in May, before agreeing to fight Maidana. Mayweather might have fought Khan in September, but the Brit couldn’t fight until the end of 2014 due to Ramadan.

Khan has only strengthened his resume since he was almost chosen to fight Mayweather. He decisively beat Luis Collazo on the undercard of Mayweather-Maidana I, and could add a victory over Devon Alexander in December. A loss for Khan, though, could eliminate any chance of a huge payday in a Mayweather bout.

Mayweather has two more fights left on his Showtime contract. He has said he plans to retire after his second fight in 2015.