Canelo Alvarez cancels Jake Paul fight, signs Saudi deal

Negotiations for a highly anticipated boxing match between Jake Paul and Canelo Alvarez have fallen through, as Alvarez has opted for a four-fight deal in Saudi Arabia that includes a bout with Terence Crawford. Despite previous rumors suggesting Paul and Alvarez were nearing an agreement for a May 2025 clash, Alvarez's promoter has confirmed the cancellation. This decision has sparked mixed reactions from boxing fans, with many criticizing Canelo for choosing a spectacle over serious competition, while others are concerned about the implications for his legacy. Jake Paul, who has been vocal about wanting to fight Canelo, is expected to announce an alternate matchup soon. The fight's collapse has also drawn commentary from figures in the boxing community, who have expressed disappointment over Alvarez's choice to pursue celebrity bouts. As it stands, Canelo seems to prioritize lucrative opportunities over traditional title defenses, raising questions about the future of his career in the sport.