I have the feeling that Floyd is forced to fight Pacquiao on May 2nd. He will make an announcement at the very last minute, maybe at the end of this month. Showtime will never let him fight to either Cotto or Khan because Canelo is fighting a NON-PPV at the same date. Floyd has two options to choose.... Fight Pacquiao or to retire again. Just like what he did to Oscar. They had an immediate rematch clause, but he retires so that Oscar cannot sue him. Therefore, Showtime cannot force Floyd if he retires. A coward has to do whatever it takes not to get hurt and that is Floyd.
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