I'm checking the internet for full confirmation of the fight but the latest one is what we have five days ago come from his road manager, this a done deal Pacquiao already hinted that they are leaning on a Garcia fight if Crawford deal did not push through, the Crawford deal is now off since they cannot sustain it and the best deal right now is the Mikey Garcia fight, the title of this thread has a question mark on it, until they sign the contract it will continue to be in a question mark.
Until everything is not set in stone yet, the question mark will remain but i am very confident that this is already a done deal and the official announcement of this fight will be in a few days.
Manny vs Terrence is dead because on the huge amount of money to stage the fight while this one may entail only a cost half or even lower than that required of the Crawford vs Pacman fight.
Maybe both camps are really quiet as this time because they are ironing this out. But I agree that this could be 90% already done in paper as it was released by one of Manny's closest confidante.
And will only release it officially in public once Manny has sign the dotted line, meaning everything is in order (date, venue, purse split etc..).
Crawford is possible though, or even Spence Jr in the future for Manny.