Reports circulated Thursday afternoon that Canelo Alvarez had agreed to a May 5 rematch against three-belt middleweight champion Gennady Golovkin, with Golovkin's team expected to agree to the deal possibly by the end of the week.
Eric Gomez, president of Golden Boy Promotions, told FightNights.com via text message late Thursday evening "No, it's not official. It's not done."
Reports also said a rematch clause is not in the agreement, but there is still the possibility of a third fight, depending on how the potential rematch pans out.
FightNights.com asked Gomez if Canelo had agreed to the May 5 date and if Golden Boy was just waiting for Golovkin's team to agree to the terms.
Gomez responded: "Nothing is done. Canelo wants the fight. That is all."
Gomez told FightNights.com by text message Sunday morning that they were negotiating again and were "very close" to a deal.
Golovkin promoter Tom Loeffler, of K2 Promotions, said in recent weeks that he was hoping to seal the deal before Christmas. That didn't come to fruition, but with the holiday season out of the way, there is still plenty of time left to make the fight.
Canelo (49-1-2, 34 KO's) and Golovkin (37-0-1, 33 KO's) fought to a controversial split draw on Sept. 16 at T-Mobile Arena in Las Vegas. It is assumed that the rematch will take place in the same venue.
However, officials representing AT&T Stadium in Dallas, the home of the Dallas Cowboys, and Madison Square Garden, have expressed interest in hosting the sequel.