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Floyd Mayweather Jr. aide: No megafight

Updated: November 15, 2011, 10:46 AM ET
By Dan Rafael | ESPN.com

The latest round of negotiations for the potential megafight between welterweight champions Manny Pacquiao and Floyd Mayweather Jr. are over before they have even begun.

Leonard Ellerbe, one of Mayweather's advisors, and Golden Boy Promotions CEO Richard Schaefer both told ESPN.com Monday that they were notified that Pacquiao promoter Bob Arum of Top Rank was not interested in coming to the table.

"We have been informed that Bob Arum is not interested in pursuing a fight between ...

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