By Rick Reeno and Lem Satterfield

Top Rank's CEO Bob Arum, disputes a recently published report, where Manny Pacquiao's adviser, Michael Koncz, was quoted as saying that Floyd Mayweather Jr. had reached out to discuss the possibility of a fall contest with Pacquiao, and the negotiations were "positive so far." According to Arum, all of the Mayweather-Pacquiao rumors are being circulated by Jeff Mayweather, Floyd's uncle.

Asked if negotiations had been re-opened, as Koncz had allegedly stated to ABS-CBN News, Arum said the following: 

"I already know what it says. But that's totally bulls**t. There are no negotiations. That's nonsense. I don't know what he's talking about. There's no negotiations. There is the South African thing that I referred to. We got a contact from South Africa, and apparently Jeff Mayweather got one. But there's nothing from Floyd and there's just nothing to it."