The fight, which is expected to be the richest in boxing history, has been touted ever since 2009 but has seemingly moved closer in recent weeks.
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The pair talked and swapped numbers during a chance meeting at Tuesday’s Heat game with Pacquiao’s adviser, Michael Koncz, telling ESPN.com that a private discussion post-game to try and thrash out a deal was encouraging.
Reports on Friday claimed that an agreement had been struck, with Mayweather (47-0, 26 KOs) and Pacquiao (57-5-2, 38 KOs) slated to go head-to-head at the MGM Grand in Las Vegas on May 2.
But Mayweather took to his official Shots account on Saturday to suggest that suggestions of a done deal are premature.
A photo posted by Floyd Mayweather (@floydmayweather) on Jan 31, 2015 at 10:51am PST