Golovkin and Canelo rematch slated for September

Alvarez tested positive for clenbuterol

The rematch between Gennady Golovkin and Canelo Alvarez is apparently back on, with Golden Boy Promotions CEO Oscar De La Hoya announcing the two stars have agreed to fight September 15.

A Wednesday deadline set by Alvarez's promoter Oscar De La Hoya appeared to have passed with no agreement in place, only for a sudden turn of events late in the evening.

A May 5, 2018 rematch was canceled when Alvarez (49-1-2, 34 KOs) failed two drug tests for the performance-enhancing drug clenbuterol. Golovkin and Alvarez met last September at the T-Mobile Arena, the same site where the rematch will take place, and fought to a heavily disputed draw that most thought Golovkin won.

"I'm happy to inform that we have a fight September 15!", De La Hoya tweeted Wednesday.

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Golden Boy Promotions imposed a noon PT deadline for GGG to accept an improved offer under which Alvarez would get the majority of a 57.5 percent-42.5 percent revenue split.

Both sides have been locked in fierce negotiations in an attempt to revive the rematch, while Golovkin was stripped of his IBF title for failing to agree to a mandatory defence against Sergiy Derevyanchenko.

The Kazakh remains the unified WBC and WBA middleweight title holder.

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