Hall of Fame fighters Floyd Mayweather Jr. and Manny Pacquiao are gearing up for a rematch more than a decade after their lucrative encounter first took place.

As first reported by The Ring’s Mike Coppinger on Monday, negotiations are underway between the generational greats, and a fight could take place as soon as April at The Sphere in Las Vegas on Netflix.

On Thursday, Pacquiao released a statement to shed some more light on the potential sequel.

“I'm open [to the rematch with Mayweather Jr.] and there's an ongoing negotiation," said Pacquiao. "I am speaking [to my team] every day. If that negotiation goes well and the fight materializes, then we will announce the rematch. It’s a very interesting fight. Right now, I don’t have a shoulder problem, so it’s a good fight.

"I am sure the world of boxing will be excited if the rematch can be made. I feel like we are almost in agreement with each other. There are a lot of things we agree on, but there are just a few conditions we are still negotiating. If the fight happens, it will probably happen in Las Vegas.”

Mayweather (50-0, 27 KOs) beat Pacquiao (62-8-3, 39 KOs) in 2015 by unanimous decision in a much-anticipated welterweight mega fight that was over five years in the making. The event generated 4.6 million PPV buys and a $72.2 million gate, both of which still stand as records. The event also reached $600 million in revenue.

Mayweather outlanded Pacquiao 148 to 81 in a fight that failed to live up to its massive expectations. Pacquiao revealed afterward that he was dealing with an existing shoulder injury, and the unreported development led two fans to pursue legal action against the Filipino, alleging fraud.

Mayweather fought just twice more afterwards and retired professionally in 2017. "Money May" has since competed in several lucrative exhibition matches. Mayweather, who turns 49 in February, recently announced that he was set to square off against Mike Tyson in an exhibition sometime in 2026.

Pacquiao, who turns 47 in December, returned from a four-year retirement in July and fought to a majority draw against WBC champion Mario Barrios. Earlier this month, Pacquiao announced that he would be fighting again on January 24 in Las Vegas. An opponent was not named at the time, but it was believed to be WBA welterweight champion Rolando Romero.