FLOYD MAYWEATHER SAYS HE'S TIRED OF WAITING FOR PACMAN! WILL FIGHT COTTO INSTEAD AT THE MGM GRAND!

Floyd Mayweather Jr. has moved on in his bid to fight Manny Pacquiao for his next fight and instead will meet Miguel Cotto at the MGM Grand in Las Vegas on May 5. Mayweather informed the Nevada State Athletic Commission of his decision to fight Cotto during a licensing hearing in Las Vegas on Wednesday morning.

All boxing licenses expire on Dec. 31 of each year and Mayweather re-applied for his Nevada license on Jan. 23.

The commission granted Mayweather a one-fight, conditional license for the May 5 match. He must comply with all the court-ordered requirements leading up to the fight. Mayweather will have to come back before the commission after he has served his time and re-apply if he wants to fight again in 2012.

The hearing was more than a formality since Mayweather had been scheduled to begin serving a 90-day jail sentence back in January after he pleaded guilty to a reduced battery domestic violence charge and no contest to two harassment charges stemming from a dispute with his ex-girlfriend and that played out in front of their two children last Dec. 21. His sentence was pushed back to June 1 after his lawyer convinced the judge to delay it because Mayweather had signed contracts to fight in Las Vegas on May 5.

At the hearing commissioners peppered Mayweather with questions about his conduct stemming from the domestic dispute with his ex-girlfriend and the counseling that he has been getting as a result of his plea agreement. They also questioned whether it would be proper to give Mayweather a license without him having already served his jail time.

Mayweather told the commission that if they granted him a license that he would be willing to serve his jail time when he reported to the Clark County Detention Center on June 1.

The one-fight, conditional license is an indication that the commission wants Mayweather to walk the straight and narrow inside and outside the ring. Since the postponement of his jail date Mayweather has been more active in his charitable endeavors the last few weeks, donating $100,000 to the Las Vegas branch of the Susan G. Komen breast cancer awareness organization and $100,000 to Habitat for Humanity in Las Vegas.

The decision to fight Cotto means that a match with Pacquiao has been pushed back to at least the fall or winter of this year. Pacquiao is scheduled to fight on June 9. Timothy Bradley, the WBO junior welterweight champion, has been targeted as Pacquiao's opponent for that match.

Mayweather is coming off a fourth round knockout of Victor Ortiz back in September. Shortly after he had his jail date postponed, Mayweather called out Pacquiao via Twitter, telling the Filipino star to step up and take the fight. Bob Arum, Pacquiao's promoter, said the May 5 date did not work for Pacquiao. Arum said he wanted to build a temporary 40,000 seat arena on the Las Vegas Strip for the fight and there wasn't enough time to do that before May 5.

Mayweather saying that he was going to fight Cotto, a former welterweight champion who was battered by both Antonio Margarito and Pacquiao, comes a day after Ken Hershman, the new head of boxing at HBO Sports, told a group of reporters in Manhattan that a Mayweather-Pacquiao fight has a "sell-by date.''

"I hope by the end of this year we see these guys in the ring together, if not, maybe early next year. But after that it's going to start to be less and less relevant,'' Hershman said.

Cotto Is A BUM!!!!!!!!!!!!

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