Boxing official: Mayweather-Pacquiao fight 'making progress'

A boxing authority told the Los Angeles Times that a potential Floyd Mayweather Jr. vs. Manny Pacquiao fight is "making progress." A fight between the two world

A boxing authority told the Los Angeles Times that a potential Floyd Mayweather Jr. vs. Manny Pacquiao fight is "making progress."

A fight between the two world champions has been long anticipated, but the two have never been able to come to a full agreement. 

Both sides held negotiations on Thursday, which the official, who spoke on condition of anonymity, said featured "noticeable progress." The official said a deal could be completed in the next seven to 10 days. From the Times:

Mayweather sought a split at least 60-40 in his favor, and Pacquiao (57-5-2, 38 KOs) expressed a willingness to meet that.

The parties have already agreed to stage the fight at MGM Grand Garden Arena in Las Vegas, and they’ve also agreed on a drug-testing plan. A date remains unsettled. It's believed the bout is being targeted for May or June.

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In 2010, the two had finalized a full term sheet before a disagreement over drug testing broke the deal. 

After defeating Chris Algieri in a lopsided welterweight title fight in November, Pacquiao​ said it's time to make a fight with the unbeaten Mayweather happen and that the fans deserve it.