Floyd Mayweather: 'I haven't signed yet' on Pacquiao fight (VIDEO)

Floyd Mayweather says that neither he nor Manny Pacquiao has "signed yet" on the reported mega-fight worth $250 million.

Earlier today, The Telegraph reported that Mayweather and Pacquiao have agreed to fight to the tune of $250 million in Las Vegas on May 2.

Floyd Mayweather was at the NBA All-Star Game in New York and was interviewed by TNT about the news.

Floyd said: "That's not true. I haven't signed yet. He hasn't signed yet. It's just been speculations and rumors. But I'm hoping we can make the fight happen."