Gennady Golovkin agreed to fight Billy Joe Saunders in August

Alvarez v Golovkin

The first fight between Golovkin left and Alvarez ended in a draw

Earlier today (Wed., June 13, 2018) Golden Boy Promotions head man Oscar De La Hoya revealed on social media that the anticipated rematch between his star client Saul "Canelo" Alvarez and Gennady Golovkin has been rescheduled for September 15 in Las Vegas.

De La Hoya's announcement came shortly after negotiations between Alvarez's and Golovkin's respective camps looked to be breaking down.

Alvarez, 27, said eating contaminated meat was the reason he tested positive for clenbuterol on 17 and 20 February.

Golden Boy Promotions imposed a noon PT deadline for GGG to accept an improved offer under which Alvarez would get the majority of a 57.5 percent-42.5 percent revenue split.

The deadline came and went with no update but, suddenly, confirmation arrived in the form of a tweet from Golden Boy's official Twitter account.

ESPN's Dan Rafael noted Alvarez earned 70 percent of the purse from the first fight against Golovkin and that Golovkin's share would've risen to 35 percent in May.

Golovkin's WBA (super) and WBC world titles will be on the line. Most boxing experts believe Golovkin won the first fight. Alvarez, meanwhile, was expected to seek out top contender Daniel Jacobs, who fought to a close decision loss against Golovkin in 2017, according to Golden Boy. Though Golovkin's team agreed to push ahead with an initially scheduled rematch on May 5, despite the failed test, a complaint by the Nevada State Athletic Commission delayed things further.

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