Manny Pacquiao agrees to 60/40 money split to fight Floyd Mayweather, HBO and Showtime meeting set to negotiate PPV

Undefeated boxing czar Floyd Mayweather Jr. is expected to finalize negotiations for what could be the biggest bout of all time, assuming he rubber stamps the contracts being drafted for a Manny Pacquiao super fight on May 2, 2015 at MGM Grand in Las Vegas, Nevada.

We could have an answer by the end of the week.

"Top Rank and Manny have agreed to the terms on our side," Top Rank vice president Carl Moretti told ESPN.com. "I don't know about the other side. I think that Manny agreed to USADA testing shows you his eagerness to make this fight."

The financial split would be 60/40 in favor of Mayweather.

Even if both pugilists sign on the dotted line, there is plenty of red tape to cut through on the television side of the deal. Mayweather is represented by Showtime, whereas Pacquiao competes for HBO, so a joint broadcast would be required, like the one implemented for the Mike Tyson vs. Lennox Lewis bout back in 2002.

Those parties are expected to meet later today to hash out the details, according to L.A. Times.

Mayweather (47-0) has yet to be truly tested inside the squared circle and after a rough start against Marcos Maidana in early 2013, "Money" roared back to cruise to a decision in their September rematch. Pacquiao (57-5-2), meanwhile, rebounded from a disastrous 2012 to win three straight.

I hate to steal a line from UFC, but considering both fighters are already over 35, the time is now.

Keep your fingers crossed.