After days of great expectation, the fight between Saul ‘Canelo’ Alvarez and Terence Crawford, which was scheduled for September 2025, will not take place, as Marca reported early on Thursday.

This fight began to generate great expectations among boxing fans, after Canelo starred in 2024 fights with opponents of not so high level as Jaime Munguia and Edgar Berlanga.

Canelo Alvarez’s $4 million Ferrari collection

After it finally seemed that Turki Alalshikh and Alvarez would reach an agreement, it seems that the Arab sheikh and the Mexican will not organize one of the most anticipated events, and there are several reasons that EssentiallySports.com lists as the causes of the cancellation of the expected event

Canelo’s high financial demands

Boxing analyst Rick Glasser pointed out that Canelo Alvarez possibly asked for an exaggeratedly high purse to measure himself against Crawford, since the Mexican is the one who would have the advantage

“Now that Ring magazine reports that the fight between Canelo and Crawford is canceled, it is likely that Canelo has put a price that excludes him, as there are always limits to what one is willing to pay, as Turki Alalshikh is no different from any other quality businessman. There is a limit to what something is worth. Canelo ducked David Benavidez, and now it looks like Canelo is also ducking Terence Crawford!”

Weight problems

Another problem with this fight is the weight at which it would be fought, where Canelo would have demanded that Crawford move up in weight, something that could be a risk for the American.

Terence Crawford moved up to 154 pounds to face Israil Madrimov, something that Amir Khan, a former Olympic medalist, does not recommend, as such weight gains detract from the opponent’s ability, something he suffered in his fight against Canelo

Jake Paul, the possible third wheel

In these stories there is a possible villain in the person of Jake Paul, who has been asking for a fight against Canelo after he accounted for Mike Tyson in November, in the most watched boxing event in history.

According to Essentially Sports, Jake Paul’s team has already approached Canelo’s people, and they are looking for this fight to take place in the first week of May at the T-Mobile Arena in Las Vegas, with a purse that would be more than 100 million dollars, something that Canelo Promotions and MVP would be willing to invest