Manny Pacquiao looks set to fight Floyd Mayweather Jr on March 13 after agreeing to a proposal from Bob Arum.
Pacquiao's adviser Michael Koncz said Arum presented the fighter with the proposal at a two-hour breakfast in Manila on Friday.
"The requests of Manny were so realistic that Arum doesn't feel it's a problem and it's pretty much a done deal," Koncz said.
The Filipino legend, who is running for president in his home nation, has some requests of his own that require some ironing out, although trainer Freddie Roach believes they will be no obstacle to the fight the world wants to see.
"We talked to Arum and he had the March date and May 1 available and Manny chose the earlier date because of the elections in the Phillipines, and I can't wait to get started," Roach told Sky Sports News.
"It'll be the biggest fight of all time, the biggest pay-per-view event of all time and my main sparring partner will be Amir Khan.
"There's always negotiations, like he (Mayweather) wants 10oz gloves we want 8oz gloves, stuff like that, the weight he wants is 154lb, we want 147, so there's some issues but I think it can be solved.
"It's a tough fight because his style does give us difficulties, and we need to draft a plan for a new strategy. Yes, it's a tough fight but it's a fight Manny wants."
Both fighters have claims to the right to be called the best pound-for-pound fighter in the world, and it appears matters will be settled sooner, rather than later.
