Canelo Alvarez S Ibf Middleweight Title Vacated
The news became official Thursday when Canelo’s camp could not come to an agreement with mandatory challenger Sergiy Derevyanchenko on a purse bid for a potential matchup. The IBF notified Alvarez of the decision to strip him of his title in a letter sent out Thursday. “It is crystal clear from the correspondence that on July 26, 2019, (Golden Boy matchmaker) Robert Diaz, on behalf of Golden Boy Promotions, agreed that Saul ‘Canelo’ Alvarez would relinquish the IBF middleweight championship title, with no further negotiations or purse bid, if there was no completed deal between him and Derevyanchenko by the agreed upon extended deadline of Monday July 29, 2019 at 3 p....