Boxing's most lucrative fighter is officially a free agent.
After many days of negotiations, representatives for Canelo Alvarez and Golden Boy Promotions have reached an agreement to release the four-time champion.
Eddy Reynoso, Alvarez's manager and trainer, confirmed the news in a statement and said Alvarez's free agency is effective as of Friday.
"All this time we have been working very hard in the gym with a lot of responsibility and discipline, to be in great physical shape and ready to fight this year and it will be!" Reynoso said in the statement.
A source told ESPN's Salvador Rodriguez that Alvarez (53-1-2, 36 KOs) and his team are targeting a return to the ring Dec. 19 against IBF super middleweight titlist Caleb Plant (20-0, 12 KOs), who fights for Premier Boxing Champions.
The situation between the middleweight champion, Golden Boy and DAZN has been sour since the battle between all parties spilled into court. In September, Alvarez filed a lawsuit in federal court citing a breach of contract on an 11-fight, $365 million deal signed in 2018. A subsequent mediation situation between all parties failed, and the suit was refiled after a technical error.
Source: ESPN
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