Canelo close to two-fight deal with Eddie Hearn to face Dmitry Bivol and Gennady Golovkin

Saul ‘Canelo’ Alvarez is on the verge of agreeing a blockbuster two-fight deal with Eddie Hearn worth a combined total of £63million, according to reports.

The Mexican star, 31, has been a free agent ever since November 2020 when he left Golden Boy Promotions after falling out with his former promoter Oscar De La Hoya.

But Canelo Alvarez is said to be close to signing a mega-deal with Matchroom Boxing to compete on DAZN, according to ESPN reporter Mike Coppinger.

It is understood Alvarez will defend his super-middleweight titles against arch-rival Gennady Golovkin in a long-awaited trilogy bout on September 7.

But first he will have to get past WBA (Super) light heavyweight world champion Dmitry Bivol on May 7.

Under the terms of his contract, Canelo will return to 175lbs to lock horns with Bivol, having previously beaten Sergey Kovalev for the WBO belt in November 2019.

And he will face Golovkin for a third time a few months later if he is successful against the Russian.

It’s believed the Mexican maestro will rake in more than £30million a fight.

On the potential new deal, Coppinger tweeted: “Canelo Alvarez and Eddie Hearn are closing in on a two-fight deal for the star’s return to DAZN.

“Fight 1 – Dmitry Bivol on May 7 at 175 pounds. Fight 2 – Gennady Golovkin on September 17 at 168 pounds. No agreement yet; Canelo and GGG both must win.”

The report adds Canelo has also received an £33million approach from Floyd Mayweather‘s former manager Al Haymon of Premier Boxing Champions to defend his undisputed super-middleweight championship against unbeaten middleweight Jermall Charlo, 31.

Alvarez inked a one-off fight contract with PBC to face Caleb Plant for the belts back in November.

However, it appears that he has