Canelo vs. Derevyanchenko - Purse Bid Set For July 23

By Jake Donovan

In a year where Saul ‘Canelo’ Alvarez vowed to collect all of the middleweight belts, his next move could instead be departing with yet another title.

As previously reported by senior writer Keith Idec, the reigning World middleweight champion is in danger of being stripped of his International Boxing Federation (IBF) title unless he honors a mandatory title defense versus Sergiy Derevyanchenko. The bout is now subject to a purse bid, which the IBF has officially ordered on Tuesday.

The purse bid hearing is scheduled for Tuesday, July 23 12:00pm at IBF headquarters in Springfield, New Jersey. The respective camps for Alvarez and Derevyanchenko have been formally notified by the IBF via letter, of which has obtained a copy.

canelo-alvarez (12)_9

Alvarez (52-1-2, 35KOs) was first formally notified of the upcoming mandatory title defense by the sanctioning body on May 15. The initial alert was sent in haste, insisting he was locked into a mandatory defense whereas he was actually granted a 30-day period where he could file an exemption to instead take on a voluntary defense.

The window expired, however, on June 15 with neither Alvarez nor Golden Boy Promotions making contact with the IBF or with Derevyanchko (13-1, 10KOs), whose team includes promoter Lou DiBella, manager Keith Connolly and adviser Al Haymon.

Alvarez inherited the mandatory following a 12-round win over exiting IBF titlist Daniel Jacobs in their title unification clash this past May in Las Vegas, Nevada. Both boxers knew going in of the pending challenge awaiting the winner, with Derevyanchenko moving back into the number-one contender position following a 12-round win over Germany’s Jack Culcay this past April.

A pressing dilemma facing Alvarez comes in the form of sports streaming platform DAZN—with whom he signed the richest contract in boxing history last fall—flexing its muscles in urging the Mexican icon to next face either Gennadiy Golovkin in a third fight, or reigning light heavyweight titlist Sergey Kovalev, a fight in which Alvarez would move up in weight.

DAZN has so far approved only those two names as suitable opponents for Alvarez’s next fight, which is being eyed for September. The DAZN brass has yet to comment on whether any other alternative would be accepted—including Derevyanchenko or unbeaten WBO middleweight titlist Demetrius Andrade.

With Alvarez making a reported $35 million per fight under his record-breaking contract, it seems that parting with another title is in his immediate future. He has already handed off the WBC title to unbeaten Jermall Charlo, accepting in exchange a designation as WBC “Franchise” champion.

Should he relinquish the IBF title, it will mark the second straight time Derevyanchenko will be in line to fight for the vacant belt. He dropped a competitive 12-round decision to Jacobs, under such circumstances last October, their title fight coming about after Golovkin gave up the belt in favor of a rematch with Alvarez last September to end his overall title reign.

Golovkin is currently the number-two contender in the IBF middleweight rankings.

Jake Donovan is a senior writer for Twitter: @JakeNDaBox

User Comments and Feedback (Register For Free To Comment) Comment by BoloShot on 07-18-2019

[QUOTE=j.razor;19906602]Byrd was off by 2 rounds. [B]So tell me where golovkin won in the 1st fight with Nelo. [U]Give me punches landed with the time on the rounds.[/U][/B][/QUOTE] Byrd off by 2 rounds? You're insane. I'm done talking to someone…

Comment by TonyGe on 07-17-2019

[QUOTE=BoloShot;19903227]Well perhaps you didn't read the message, I said I don't like Gennady, I think he's overrated and talks a lot of bs. You mustn't be able to read at all in fact, this is hopeless I'm going around…

Comment by j.razor on 07-17-2019

[QUOTE=BoloShot;19906182]Canelo was outlanded in 10 out of 12 rounds and definitely lost 8 of them. This is an argument that's long been had and everyone knows that was a BS decision. Canelo relied on the ever corrupt Adalaide Byrd to…

Comment by BoloShot on 07-17-2019

[QUOTE=j.razor;19904465]So tell me where golovkin won in the 1st fight with Nelo. Give me punches landed with the time on the rounds.[/QUOTE] Canelo was outlanded in 10 out of 12 rounds and definitely lost 8 of them. This is an…

Comment by j.razor on 07-16-2019

[QUOTE=BoloShot;19903239]I think GGG won the first fight and lost the second or at most drew it but 115-113 was alright by me. Canelo has plenty of fans, they're just disliked. I think all of those fandoms I've listed have good…

Post a Comment - View More User Comments (178)
Top Headlines Navarrete To Headline, Collazo-Benavidez To Be Rescheduled Zab Judah Hires Law Firm, Demands Seldin Drug Test Results Jose Ramirez Not Worried About Hooker Having Home Field Julio Cesar Chavez Jr. vs. Evert Bravo Set For August 10 Wanheng Menayothin, Mihai Nistor Ink Pacts With Golden Boy Khan: If No Pac, There is Garcia, Spence-Porter Winner, Thurman David Price is Promised Another Fight By Eddie Hearn Herring: Nothing Against Berchelt, But I Wish He'd Quit Telling Lies Photos: Maurice Hooker, Jose Ramirez - Face To Face in Texas Maxim Dadashev, 28, Dies From Brain Damage Suffered In TKO Loss Canelo-Derevyanchenko Deal In Works; IBF Purse Bid Postponed Berchelt To Herring: Keep Winning, Unification Not Worth Much Whyte Won't Take 'Easy Fights' Before Fighting For WBC Title Ellerbe: Would Have Been No Pac-Thurman If Floyd Wanted Rematch Manny Pacquiao-Keith Thurman: Afterthoughts Chisora's Trainer Hopes Joseph Parker Showdown is Next Efe Ajagba Says Jab Was The Key in Beating Demirezen Mayweather Named as Special Advisor To China's Boxing Team Arum on Teofimo Lopez: He Still Has A lot To Learn Reporter Tried To Get Both Pulev and Arum Sanctioned Latest 147 Conquest Adds New Layer To Pac-Mayweather Debate Photos: Errol Spence, Shawn Porter - Face To Face at Presser Hearn: Campbell Has The Ability, Boxing IQ To Beat Lomachenko! Lomachenko Smiles: Teofimo Lopez Went Twelve With a Nobody Thomas Patrick Ward Inks Promotional With Dmitriy Salita Ryan Garcia Hopes To Return To The Ring in September Hooker: Everyone Will Know Me After Jose Ramirez Fight Fedor Chudinov Drills Ezequiel Osvaldo Maderna in Tenth 'The Rise' - Showtime Debuts New Digital Series Kubrat Pulev Suspension Lifted By CSAC Usyk: Joshua Would Be Much Harder For Me Than Andy Ruiz Hearn: We'll Let Andy Ruiz Know Venue This Week, Cardiff in Front Photos: Lomachenko, Campbell - Face To Face at London Presser Gamboa Ready For Martinez, Has One Eye on Gervonta Davis Felipe Orucuta Fully Recovers From Emergency Brain Surgery Hearn Vows To Keep Pressing WBC To Ensure Whyte Gets Shot Thurman: I'll Be Back At The Top Of Sport; Not Going Nowhere Ellerbe: If It Were Up To Me, Wouldn't Let Pacquiao Fight Spence Dillian Whyte: I'm Still Learning, Looking To Return In November Caleb Plant is Very Willing To Face Benavidez-Dirrell Winner
Latest Active Forum Threads