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P4P: Mayweather on top, Pacquiao stays at No. 2

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Making The Rounds: Pound-for-pound reaction (3:27)

Jim Basquil and Showtime boxing analyst Al Bernstein discuss the ESPN pound-for-pound rankings, in which Floyd Mayweather and Manny Pacquiao are still ranked 1 and 2. (3:27)

Who is the world's best fighter, regardless of weight class? Check out ESPN's latest top 10.

Don't forget to check out Dan Rafael's divisional rankings, which are updated weekly.

For a list of the current champions in all weight classes, click here.

Note: Results are through May 5

THE PANEL: Dan Rafael, Brian Campbell, Nigel Collins, Teddy Atlas, Kieran Mulvaney, Bernardo Pilatti, Eric Raskin, Salvador Rodriguez, Carlos Narvaez and Rafe Bartholomew.

The rankings are based on a descending points system, with a first-place vote receiving 10 points, a second-place vote receiving 9 points and so on. A tie goes to the fighter with the highest submitted ranking and then the most votes at that ranking.

Other receiving votes: Carl Froch (13), Terence Crawford (3), Naoya Inoue (3), Juan Francisco Estarada (1) Notes: Andre Ward and Mikey Garcia are not being considered due to inactivity.