Canelo Alvarez has decided to withdraw from a potential showdown with internet sensation Jake Paul, opting instead to sign a lucrative four-fight deal with Saudi boxing chief Turki Alalshikh.

After reports that a long-discussed bout between Saul "Canelo" Alvarez and Terence Crawford was inching toward being finalized, a new report from The Ring Magazine claims that those negotiations have fallen apart.

Mike Tyson has criticized Terence Crawford’s decision to fight Canelo Alvarez. Crawford is chasing history by moving up to 168 pounds in order to try to become undisputed in a third weight class. That requires him to jump up two weight divisions from 154 pounds.