Updated

(SportsNetwork.com) - Floyd Mayweather Jr. announced Monday that he will next fight fellow welterweight titleholder Marcos Maidana on May 3.

"I will be fighting Marcos Maidana May 3rd on Pay-per-view Showtime/CBS," Mayweather said on his Twitter account.

The fight will be the third of the 30-month, six-fight deal worth $200 million-plus that Mayweather signed with Showtime and parent network CBS last February.

In his last fight, Mayweather (45-0, 26 KOs) beat Saul "Canelo" Alvarez on Sept. 14, 2013.

Maidana (35-3, 31 KOs) will be making the first defense of his belt.

"Marcos Maidana's last performance immediately brought him to my attention," Mayweather said in a statement. "He is an extremely skilled fighter who brings knockout danger to the ring. I think this is a great fight for me and he deserves the opportunity to see if he can do what 45 others have tried to do before him -- beat me."

The venue for the fight has yet to be determined.