Floyd Mayweather Jr. has agreed to fight Manny Pacquiao ... multiple sources tell TMZ Sports ... who say the two finally came to an agreement moments ago.

The two sides had been trying to hammer out a deal for a while to square off at the MGM Grand in Las Vegas on May 2nd.

Manny had agreed to his contract weeks ago ... and it was all up to Floyd to sign on the dotted line.

But now, after meeting in person at the Miami Heat game earlier this week ... we're told it's a done deal .. and the two sides will make a formal announcement in the coming days.

Story developing ...

Tune in to TMZ on TV weekdays Monday through Friday (check http://www.tmz.com/when-its-on for syndicated/local listings at the bottom of the page)

*This article provided to Doghouse Boxing from our friends at http://www.tmzsports.com/

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