Mayweather, 43, hasn't fought professionally since he notched up his 50-0 record against Irish superstar Conor McGregor.
But Mayweather did return to the squared circle in December 2018 as he systematically took apart Japanese kickboxer Tenshin Nasukawa in an exhibition fight.
Now, YouTuber Keemstar has tweeted out that a "boxing insider" has told him that Mayweather vs Paul will happen this year.
New #DramaAlert is LIVE --> https://t.co/w4053oDcKV— KEEM 🍿 (@KEEMSTAR) September 16, 2020
Logan Paul vs Floyd Mayweather BOXING in 2020 pic.twitter.com/pB2mGatlyf
The Fighting News' Mike Feinberg said in a YouTube video last weekend that Mayweather had put pen to paper for the Paul fight.
"I've got some breaking news for you. Floyd Mayweather Jr is coming out of retirement and has just officially signed a contract to fight in an exhibition match against Logan Paul -- YouTube sensation Logan Paul," he said.
I don't understand the fight. Logan Paul has tried his hand at professional boxing -- couldn't the other nobody [that] nobody's ever heard of before. [Paul's] now zero and one.
"He's going to be fighting one of the best in Floyd Mayweather. It's going to be a joke of a fight, but it's signed. It's official.
"I heard it from a reputable source today and even saw the signed picture of the signed contract where Floyd signed on the dotted line for this exhibition match."A contract has been signed and the fight is happening@FloydMayweather vs @LoganPaul #PatMcAfeeShowLIVE pic.twitter.com/b3MwBzW0fR— Pat McAfee (@PatMcAfeeShow) September 16, 2020
Paul, 25, has only fought in professional boxing once when he took on fellow YouTube rival KSI in a 2019 blockbuster fight.
The American star, who previously welcomed the idea of fighting in MMA, suffered a split-decision defeat at the Staples Center in Los Angeles.
However, Paul called out Mayweather last November after he took to Twitter and tweeted out a simple message: "Bring it."
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