Canelo Alvarez-Gennady Golovkin rematch back on for September

Canelo Alvarez-Gennady Golovkin rematch back on for September

Much has been said, speculated and at times frustrating with the ongoing negotiations for the rematch between two of boxing biggest stars in the form of Canelo Alvarez & Gennady Golovkin.

According to ESPN, Golden Boy's final offer was a split of 57.5 percent to 42.5 percent in Mr. Alvarez's favor. The bout reportedly takes place at T-Mobile Arena in Las Vegas, NV.

Canelo hasn't played since settling for a draw against Gennady "GGG" Golovkin for the middleweight belts in September a year ago.

Alvarez made the lion's share of the purse for the first fight based on a 70-30 split. De La Hoya announced the news on Twitter.

Tom Loeffler, promoter for Golovkin, would not get specific about the details. Golovkin faced short-notice replacement Vanes Martirosyan in Carson, California, instead and wiped him out in two rounds.

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Canelo Alvarez and Gennady Golovkin are set for a rematch on September 15, a year after their controversial split-decision draw.

However, weeks later, Golovkin (38-0-1, 34 KOs) had a change of heart and insisted on redoing what De La Hoya said was a signed contact.

"And if he accepts it it's because in his heart, in his mind, it's what's best for him". Many a false dawn had arisen with people getting ahead of themselves that a deal had been agreed upon, or most recently Oscar De Lay Hoya publicly fighting for his man Canelo verbally along with Eric Gomez.

The first fight generated 1.3 million pay-per-view buys and a $27 million gate - the third-biggest in boxing history. Things were finally settled once and for all, however, and now fans can expect the long awaited fight to finally go down on September 15th.

While the proposition of a rematch was floated immediately after the conclusion of that initial fight, a number of issues delayed the second meeting - most notably, Alvarez testing positive for a banned substance in March.

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