Since Pacquiao's "farewell" bout three months ago, the 37-year-old former eight-division world boxing champion won a senate seat in the Philippines.
According to the report, Arum had placed a hold on the Mandalay Bay Events Center in Las Vegas for a possible Pacquiao return on Oct. 15 but the southpaw's responsibilities forced a change of plans.
"Manny wants to come back. The problem is he can only come back if it doesn't interfere with his senate duties," Arum said in the report.
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"We had pencilled him in for Oct. 15 at Mandalay Bay but we were informed that is no longer possible because he has to spend that week leading up to Oct. 15 formulating the budget in the senate and doing the votes.
"So he has to be there for that week, so that knocks out that week. He can't mess around with that. So now we're looking at Oct. 29 or Nov. 5. The question is building availability because we want to do the fight in Las Vegas."
Pacquiao's unanimous decision win over Bradley was his first fight in nearly a year after his loss to Floyd Mayweather. He had said he was bringing the curtain down on his career to concentrate on politics and his family.
Pacquiao adviser Michael Koncz said in the report that the southpaw, while committed to politics, is happiest when he is in the ring.
"Manny's primary concern and obligation is to fulfil his senatorial duties," Koncz said.
"But he just misses (boxing). He misses the training. He misses being in the gym. You can see when he trains it's like a stress reliever for him. His mood changes. It's like he's in happy land," said Koncz.
"So I am working with Bob and Manny is working closely with the senate president to make sure the dates are OK. We're doing this properly."
(Reporting by Frank Pingue in Toronto; Editing by Peter Rutherford)
