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Manny Pacquiao: 'I can easily beat Floyd Mayweather'

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After reportedly agreeing to a May 2 bout against Floyd Mayweather, Manny Pacquiao said on Tuesday afternoon that he could "easily beat" the American boxer.

The fight between Mayweather and Pacquiao, both world champions, is still awaiting an agreement from Mayweather. The two sides have been negotiating over the match's final details, with word emerging that a final agreement could be made before the end of January.

Pacquiao has said that he and his team have agreed to terms and were waiting to hear from Mayweather, but that he was not certain the fight would take place.

Mayweather and Pacquiao had reached a deal on a bout in 2010, before a disagreement over drug testing arose.

"We just want to make the that fight happen - for the sake of the fans, for the sake of the millions of people around the world who are excited to see that fight," said Pacquiao.

Mayweather remains undefeated at 47-0, and Pacquiao won his last fight against Chris Algieri in November.

MANNIX: Money sticking point in Mayweather-Pacquiao negotiations

According to the Los Angeles Times, the two have agreed on Olympic-style drug testing and to split the purse from the fight 60-40 in favor of Mayweather.

- Christopher Woody