By Edward Chaykovsky

According to the Las Vegas Review Journal, Floyd Mayweather Jr. will make an announcement next week regarding the details of his May 5th bout at the MGM Grand in Las Vegas. According to Golden Boy Promotions CEO, Richard Schaefer, both HBO and Showtime are being considered to handle the pay-per-view aspect. Two of the fighters being considered for Mayweather, according to Schaefer, are Saul "Canelo" Alvarez and Robert Guerrero.

Alvarez (39-0, 29KOs), the WBC's champion at 154-pounds, would meet Mayweather halfway at 150-pounds. Guerrero (29-1-1, 18KOs) has been campaigning hard for a shot, and wants to move up in weight to challenge Mayweather for his WBC welterweight crown. The two fighters, both Mexican, fight the profile for the Cinco De Mayo weekend, but Canelo is obviously the much bigger draw in Mexico.

Schaefer doesn't expect Top Rank's CEO Bob Arum to finalize an agreement for a Mayweather-Manny Pacquiao mega-fight.

"It's clear [Arum] doesn't want to do a Pacquiao-Mayweather fight. I hope it's an eye-opener," Schaefer told the paper's Steve Carp.