Saul "Canelo" Alvarez vs. Gennady Golovkin II is ON!
But now, at long last, Golovkin himself and his promoter Tom Loeffler have also given confirmation. "Purse percentage was a main factor".
Golden Boy chief Oscar De La Hoya even claimed it was off.
Golovkin (38-0-1, 34 KOs) and Alvarez fought to a controversial draw in their first meeting in September in a fight that generated 1.3 million pay-per-view buys and a $27 million gate - the third largest in boxing history.
Loeffler told Yahoo! Sports on Wednesday that he believes a rematch will generate more interest than the first fight.
"It's finally on", Loeffler said in a text to The Post. It wasn't about money.
'We definitely had an agreement in place with Billy Joe Saunders. "Luckily, Golden Boy and Canelo accepted that".
De La Hoya's announcement late Wednesday capped an afternoon of suspense - real, imagined, perhaps both.
Golovkin and Alvarez were set to fight May 5 in Las Vegas until Alvarez was suspended for six months by the Nevada Athletic Commission after submitting two positive samples for the banned substance clenbuterol.
His suspension runs out on August 17.
Golovkin's WBA (super) and WBC world titles will be on the line. De La Hoya eventually increased Golovkin's share to 40 percent, but GGG continued to stand firm on parity. "This has really turned into a far bigger promotion than the last time".
Two hours after the deadline passed, a deal was made, finalizing the fight for this September. "Clearly the only person here who doesn't want the fight is GGG. But we're within striking distance of being able to make the Canelo fight with Jacobs if Golovkin walks away".
During a telephone conversation about 2 p.m. Wednesday, Golovkin trainer Abel Sanchez was asked if his fighter should accept the offer.