Arum shoots down rumors of negotiations for Pacquiao-Mayweather rematch

Top Rank CEO Bob Arum assured fans that negotiations for a rematch between Manny Pacquiao and Floyd Mayweather aren't underway yet, contrary to various reports.

"Unless they're negotiating with somebody else, it's not me," Bob Arum told boxingscene.com.

Shortly after the mega fight earlier this month, talks about a possible rematch between the two pound-for-pound superstars have been a hot topic.

And with record breaking pay-per-view numbers blowing through the roof, some observers believe that a rematch is imminent because the money will be too hard to resist.

Pacquiao's Hall of Fame promoter begs to differ.

"There have been no negotiations, what everybody is saying is with the incredible amount of money that they did last time that neither guy can make anywhere near the money fighting somebody else than they could fighting each other," said Arum.

"Nobody is saying they're going to do the money they did last time." - RAF, GMA News