Manny Pacquiao has revealed that his team is definitely in negotiations for a fight with Floyd Mayweather Jr, which would most likely take place on May 5, 2012, at the MGM Grand in Las Vegas. From ABS-CBN news:
"Negotiations are ongoing for my fight with Mayweather, but nothing is final. ... Mayweather may be thinking, I can fight Pacquiao now because he had trouble against Marquez, and I was able to beat up Marquez. ... This is what boxing fans are waiting for."
Pacquiao (54-3-2, 38 KO) and Mayweather (42-0, 26 KO) may really be closer than they've ever been to actually getting together for a fight. Whether or not Manny is right that Floyd saw the November 12 Pacquiao vs Marquez fight and decided the time was right or not is no big deal -- styles still make fights for one thing, and this is still, by far, the biggest fight in boxing for another thing.
Whether or not anything comes of this is still a big question, though, and the history between the two parties isn't exactly something that is working in favor of boxing fans finally getting the fight they've wanted for three years. Here's hoping it's finally go time, but don't hold your breath.