Pound-for-pound king Manny Pacquiao, unable to get even a response from Floyd Mayweather Jr. gauging his interest in a fight, instead will defend his welterweight belt against former champion Shane Mosley on May 7 in a pay-per-view fight at the MGM Grand in Las Vegas.
"We came to a meeting of the minds," Top Rank promoter Bob Arum told ESPN.com on Tuesday night after a final meeting with Mosley and his adviser, James Prince, at the Top Rank offices in Las Vegas. "[Top Rank matchmaker] Bruce Trample says it's a very difficult fight. I believe it will be an exciting fight. Shane knows how to fight and how to deal with the speed. Manny is in for a hellacious fight. I really believe styles make fights."
Arum said the fight will take place at the welterweight limit of 147 pounds.
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