Former UFC star Floyd Mayweather is allegedly in talks to come out of retirement and compete in boxing once again in the near future, and his fans are pretty excited by the news.

The former five-weight world champion hung up his boxing gloves in 2017 after defeating UFC star Conor McGregor in a fight in Las Vegas, and then briefly paused his retirement on New Year's Day for a one-off bout against Japanese kickboxer Tenshin Nasukawa.

An image of Floyd Mayweather. [[imagecaption|| Credit: PA Images]]

Mayweather took to Instagram this week, posting a picture of himself and Dana White along with the caption: "Dana White and I are working together again to bring the world another spectacular event in 2020."

This sudden announcement seems to be at odds with a previous statement made by Mayweather, in which he claimed that he was quitting boxing indefinitely, as a result of serious concerns over his long-term physical health.

Per Sky Sports, Mayweather stated last week: "I've got calls to get back into the ring, but my health is my wealth. Boxing is a very, very brutal sport. In the last few years, a lot of fighters have died inside that squared circle. You have got to know when to hang it up. I had a great career."

Watch this video of Floyd Mayweather showing off his cash:

[[jwplayerwidget||https://content.jwplatform.com/videos/EQ2HZl1K-sKUnNGKf.mp4||EQ2HZl1K]]

He added: "I'll still travel and do exhibitions. I make great money doing exhibitions - between $10m and $30m. I think I make more doing that than most fighters make fighting."

However, back in October of 2018, Mayweather talked to TMZ about potentially fighting Khabib Nurmagomedov one day. When quizzed on the subject by a TMZ reporter, Mayweather stated: "Oh, we fighting! I'm my own boss. So, I can't say what's going on on Khabib's end. But, on my end, we can make it happen."

Floyd Mayweather in UFC talks to come out of retirement