ESPN
Sources: Canelo nears deal for Derevyanchenko
DAN RAFAELESPN Senior Writer11:18 AM ET3 Minute Read
There is a good chance that unified middleweight world champion Canelo Alvarez's next fight will be against Sergey Derevyanchenko, one of his mandatory challengers.
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A purse bid scheduled for noon ET on Tuesday at the IBF offices in Springfield, New Jersey, has been postponed until Friday because Alvarez promoter Golden Boy Promotions and Derevyanchenko promoter Lou DiBella are engaged in serious discussions and nearing a deal, sources with knowledge of the talks told ESPN.
If Alvarez, whose team never sought an exception from the IBF to do a fight other than his mandatory defense, does not face Derevyanchenko next he will be stripped of that 160-pound belt. Alvarez has given up belts in the past but has spoken openly in recent months about his desire to become the undisputed middleweight champion by holding all four major belts at the same time.
If the fight between Alvarez and Derevyanchenko, which has been in serious talks only in recent days, according to the sources, is made it would take place in the fourth quarter.
