Canelo-GGG to meet for highly anticipated rematch in September

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Hours after the noon PT deadline imposed by Golden Boy Promotions for Gennady Golovkin to agree on the financial terms for a rematch against Canelo Alvarez, the much-anticipated middleweight title pay-per-view bout is on for September 15 in Las Vegas.

What's more, Golovkin expressed hostility towards Canelo because he felt the man had cheated.

Golovkin and Alvarez were originally scheduled for a May 5 bout, but Alvarez had to pull out of the event following two positive tests for a banned substance.

On Tuesday, Golden Boy Promotions, which represents Alvarez, imposed 12 p.m. PT Wednesday deadline for Golovkin to accept an improved offer.

Like Alvarez, Jacobs has an exclusive deal with HBO for the premium cable network to televise his fights either live on the network or via HBO Pay-Per-View.

Tom Loeffler, Golovkin's promoter, gave credit to Eric Gomez, president of Golden Boy Promotions, which manages Alvarez, for coming up with a compromise.

Promoter of Canelo Alvarez, Oscar De La Hoya, was the first to announce things a while ago. Although Canelo is clearly the more lucrative and famous of the two fighters, many feel Golovkin won their original bout last fall, even though it was controversially ruled a draw.

Golovkin's WBA (super) and WBC world titles will be on the line.

The IBF stripped Golovkin of its middleweight title last week for failing to adhere to terms to an exception the IBF granted Golovkin to fight Vanes Martirosyan last month.