Middleweight world champion Canelo Alvarez is in the market again for a fall opponent after negotiations for one of his mandatory defenses against Sergiy Derevyanchenko ended with no deal on Thursday afternoon and resulted in his being stripped of the IBF 160-pound title. The IBF already had allowed for multiple postponements of a purse bid for the bout, and the Derevyanchenko camp even told the IBF it was OK with Alvarez not being stripped at Monday's deadline to allow them more time to work out a deal. But the sides were far apart on the money, even though, according to sources, streaming service DAZN, which has Alvarez under exclusive broadcast contact, had approved Derevyanchenko as an opponent with the stipulation that Alvarez take as much as a $5 million reduction on his $35 million guarantee for his next bout. read more https://www.espn.com/boxing/story/_/id/27305037/ibf-strips-canelo-title-angers-de-la-hoya
