By Mark Vester

Top Rank's Bob Arum, promoter of Manny Pacquiao, denies that a deal is in motion for his fighter to face Shane Mosley on October 17. Mosley sent out a press release stating that Pacquiao agreed to fight him on October 17 at a catch-weight between 140-147, and a split of 60-40 in favor of the Filipino champion.

Arum said Mosley's press release has "no credibility" to it. He says Mosley took Pacquiao's comments of being willing to negotiate as a form of confirmation that an agreement was reached. Arum says Pacquiao wil not make any decision until the fight between Floyd Mayweather and Juan Manuel Marquez, set for July 18, is over.

"This has absolutely no credibility to it, Manny hasn't decided who he's going to fight,” Arum told the Los Angeles Times. "Why would I eliminate options? It could be Mosley, or it could be [Miguel] Cotto, Mayweather Jr., Marquez or [Edwin] Valero. They're all in the mix.

"I've also heard from Manny's people that he wants to wait and see the Mayweather-Marquez fight [July 18] before he agrees to anything. That would mean we won't be ready until November."

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