Alvarez and Plant agree to fight

Saul Alvarez

Saul Alvarez (56-1-2, 38 KOs) and Caleb Plant (21-0, 12 KOs) have set the terms of the unification meeting at 168 pounds, according to ESPN's Mike Coppinger. The super middleweight bout is scheduled ...

Negotiations between Canelo and the American continued all summer, but no agreement was reached on an initial date. The bout was scheduled for Sept. 18. Alvarez demanded that the contract contain a clause that would guarantee that the September fight date would remain in case of Plant's injury and not reduce his purse. That clause in the contract prevented the parties from signing contacts.

This time, a compromise was reached on the issue. The financial terms previously agreed upon will be retained. The Mexican will earn a career record guaranteed purse of $40 million. The American's earnings in turn will exceed $10 million.

The WBC, WBO, WBA, IBF and "The Ring" championship belts will be the stakes for Alvarez vs Plant fight.