Floyd Mayweather vs Manny Pacquiao Fight 2015 News: Date Close To Being Confirmed For Super Bout

After months of speculation, Floyd Mayweather Jr. and Manny Pacquiao are reportedly close to setting a date for their mega-buck fight.

The fight that has been on the minds of boxing fans around the world for almost six years now could happen in May or June this year and could be formally announced soon.

Pacquiao, the eight-time world boxing champion from the Philippines, has already agreed to the terms of the fight after negotiations with his promoter Top Rank. This was confirmed by Top Rank Vice President Carl Moretti as reported by ESPN. It remains to be seen though if Mayweather will do the same.

Mayweather and Pacquiao are currently the top two boxers in the world. If the fight goes ahead, the still undefeated Mayweather will go in with better odds compared to Pacquiao who has a record of 57 wins, five losses and two draws. Pacquiao is fresh off his recent victory against Chris Algieri at the WBO world welterweight title fight which took place in Macau in November 2014.

Pacquiao's victory against Algieri helped solidify his position as one of the dominant boxers in the world and renewed calls for a fight against Mayweather. In 2010, they were supposed to fight but that bout was called off over certain issues including drug testing.

The issues on drug testing and the type of gloves the fighters will wear have already been resolved. Pacquiao has reportedly also agreed to a 60-40 split of the prize money, with Mayweather getting the bigger share.

Top Rank Chairman Bob Arum, who has long wanted the fight to ahead, reportedly hammered out the deal with the aid of Leslie Moonves, the president and CEO of CBS, which owns Showtime, the company that signed Mayweather to a multi-million dollar deal covering six fights, two of which are pending.

After Pacquiao's team cleared the way for the fight to go ahead, an answer from Mayweather's team is being awaited.

Arum accused Mayweather of playing games earlier this week, saying that it would be "a shame if the fight is not made."