By Edward Chaykovsky

The Floyd Mayweather Jr. vs. Manny Pacquiao negotiations will continue, at least until the end of month. Michael Koncz, adviser to Pacquiao, says the delicate terms are still being discussed for a pay-per-view welterweight unification between the two biggest names in the sport.

Mayweather intends to fight on May 2nd, which is perfectly fine with Pacquiao. If the two sides are unable to reach an agreement by the end of the month, then Pacquiao's team will be forced to explore other options for a likely title defense on a date in April.

“We’re waiting for word from Floyd,” Koncz said to the Manila Bulletin. “The issue is very sensitive. We’re giving this until the end of the month.”

Pacquiao's promoter, Bob Arum of Top Rank, is working out the details with CBS CEO Les Moonves, who is negotiating for the Mayweather side.