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Canelo Alvarez offered Jermall Charlo fight next or two-bout deal with Dmitry Bivol and Gennady Golovkin trilogy

CANELO ALVAREZ has been offered a fight against Jermall Charlo on his return – or a two-bout deal with Dmitry Bivol and Gennady Golovkin.

The Mexican superstar is a free agent and not aligned to one single promoter or TV company and free to navigate his own path.

Canelo Alvarez during his 2018 win over Gennady Golovkin
Jermall Charlo is linked with a fight against Canelo Alvarez

According to ESPN, Al Haymon’s PBC banner have offered Canelo a one-fight deal to headline on pay-per-view against American Charlo.

Whereas Eddie Hearn has a double header package, which would see Alvarez move up to light-heavyweight to face Bivol and then a trilogy bout with GGG.

Charlo, 31, is the current unbeaten WBC middleweight champion but has long rivalled Canelo, 31, who campaigns a division above at super-middleweight.

Alvarez finished his final fight of 2021 under PBC, beating Caleb Plant, 29, to become undisputed king.

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He banked a guaranteed £30million with that figure rising following the box office success, where 800,000 PPVs were sold.

Staying with Haymon’s stable on either Showtime or Fox could prove a lucrative choice for Canelo.

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But, after he split with Oscar De La Hoya’s Golden Boy banner in 2020, Alvarez would fight three times under Hearn, while still on streaming service DAZN.

His wins over Callum Smith, 31, Avni Yildirim, 30 and Billy Joe Saunders, 32, all contributed on his road to undisputed glory.

Accepting Hearn’s proposal would offer Canelo the chance to collect another belt at light-heavyweight, having won the WBO version in 2019.

But following a late 11th-round knockout over Russian Sergey Kovalev, 38, he vacated the title to go back down in weight.

Hearn wants Canelo to attempt history and become undisputed at two weights, with the pound-for-pound No1 also linked with KO artist Artur Beterbiev, 37.

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Bivol, 31, has held the title since 2017 and in May last year defended it in Manchester against Britain’s Craig Richards, 31.

Perhaps the most lucrative fight for Canelo in boxing is a trilogy with long-time rival Golovkin, 39.

WBA light-heavyweight champion Dmitry Bivol

The pair contentiously drew in 2017 with GGG unfortunate not to be given the verdict, only for the Kazakh to lose in the thrilling rematch a year later.

Both sold over 1m PPVs but the two would go on separate paths.

Golovkin has remained at middleweight, where he reigns as the IBF title holder and is set to unify it with the WBA belt against Japan’s Ryota Murata, 36.

But Canelo has warned GGG he must move up in weight for the first time to ensure a third instalment of their series.

Hearn is capable of offering the trilogy, having signed Golovkin, who fights on DAZN.

Canelo did have a request accepted by the WBC to move up to CRUISERWEIGHT and attempt a fifth world title.

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But challenging champ Ilunga Makabu, 34, appears on the shelf for now.

Canelo Alvarez pictured with Illunga Makabu

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