Floyd Mayweather
Floyd Mayweather and Manny Pacquiao could finally be nearing an official deal to fight on May 2. Reuters

For weeks there have been false reports that Floyd Mayweather and Manny Pacquiao have agreed to fight, but it appears that the two sides might actually be nearing a deal. Even the biggest skeptics are starting to believe that Mayweather and Pacquiao will meet on May 2.

With time running out for a contract to be signed, ESPN’s Dan Rafael has indicated that the mega-fight could soon be made official. Among the more cautious boxing reporters, Rafael has provided enough detail to strengthen the perception that a deal is imminent.

Rafael refuted the Sunday Telegraph’s report on Valentine’s Day that a deal was made, and Mayweather soon did the same. Now, the reporter seems to think a contract could be signed soon, even providing specific information about the pay-per-view.

Because Mayweather has a contract to fight for Showtime, and Pacquiao is signed to Top Rank and HBO, the two networks must come to terms for a joint PPV. If the PPV happens, the two sides have reportedly agreed upon a three-fight card made up of Mayweather vs. Pacquiao, one bout made by Top Rank and another made by Mayweather Promotions.

The price of the PPV is unknown, but it would cost more than fans are used to paying. Mayweather-Maidana II cost $74.99 for high definition in September. Pacquiao’s fight with Chris Algieri in November came with a $69.99 price tag in HD.

The two camps have been negotiating for weeks. Mayweather has claimed that he wants to make the fight, though no one has signed a contract. Several reports have indicated that Pacquiao has agreed to the terms provided by Mayweather and his camp, and the ball is in the court of the undefeated boxer. Whether it’s been issues over the joint PPV or Mayweather’s reluctance to step in the ring with PacMan that's held up negotiations, a deal might finally be coming to fruition.

Amir Khan had been hoping to face one of the two boxers in his next fight, believing politics would prevent the sports’ top stars from going head-to-head. Now, the Brit has changed his tune, and he's looking for another opponent.

“I think they are hopefully fighting each other in May," Khan told Sky Sports News. "I think I probably have missed that chance of fighting Floyd or Manny.

“I was speaking to both parties. It was going to happen. But because I’m a huge boxing fan myself I can’t really argue. It’s a fight that everyone has been waiting for. I want to see it myself as well.”

Whether the fight is going to happen or not, the public shouldn’t have to wait much longer to get an official answer. The potential bout is nearly two months away, and an agreement would have to be made soon.