The terms have been set, Manny Pacquiao’s fans are all riled up, and the budget has been finalized, but the boxing deal won’t be complete without Floyd Mayweather’s signature.

The match is set to be worth $250 million, making it the most expensive bout in boxing history. A report from The Sunday Telegraph said that Pacquiao has completed his contractual agreements over the weekend, making his side of the deal 100% complete. We wish the same could be said for Mayweather’s camp who is still set to review the contract before signing it down. After the deal had been signed, the rest of the world would have to wait for the upcoming event.

The latest on the long-awaited bout between Floyd Mayweather & Manny Pacquiao: http://t.co/j4EZ75lRvy pic.twitter.com/EpIN56vs4n

— BBC Sport (@BBCSport) February 16, 2015

Pacquiao is currently in the Philippines and has started training in General Santos City to prepare for his next fight. Mayweather spent his Valentine’s Day weekend in New York, shopping for jewelry that’s reported to cost more than a hundred thousand dollars. Reporters were expecting Mayweather to announce the fight during the NBA All-Star Weekend, but it appears that people will have to wait just a little bit longer for the final announcement.

Floyd Mayweather denies that Manny Pacquiao fight is a done deal http://t.co/6hhwD99Lec pic.twitter.com/frFu6K8IuJ

— Guardian sport (@guardian_sport) February 16, 2015

The two boxers met face-to-face last month after attending a Miami Heat game. Mayweather went up to Pacquiao’s hotel suite and the two discussed the possibility of giving their fans the boxing match that they’ve been craving for. The fight is expected to go down this May at the MGM Garden Arena in Las Vegas.

Fans of the two boxers have been waiting for the fight that’s been years in the making. Mayweather previously said that he will beat Pacquiao during their match. “I know that he’s not on my level,” the outspoken boxer said. Meanwhile, the Filipino boxer is confident that he can bring the American boxer down. “I can easily beat @FloydMayweather, I believe that,” Pacquiao tweeted.

I can easily beat @FloydMayweather, I believe that.

— Manny Pacquiao (@MannyPacquiao) January 20, 2015