Alvarez signed a four-fight deal with Riyadh Season, nixing the Jake Paul bout which was being finalized for May 3 at T-Mobile Arena in Las Vegas and expected to stream on Netflix.

Boxing fans were recently shocked to learn that Jake Paul and Saul 'Canelo' Alvarez were in advanced talks to fight in May.

Canelo Álvarez is set to face off against William Scull in an undisputed fight on May 3. Turki Alalshikh, the chairman of Saudi Arabia's General

Jake Paul was reportedly in advanced negotiations to fight Canelo Alvarez. Considering the Mexican's star power and pedigree as a boxer, the news took fans by surprise. It turns out talks of the fight were canceled after Canelo pledged his future to Turki Alalshikh in a four-fight deal that includes a Terence Crawford showdown.

Alvarez was reportedly in talks to face Paul in May, but will now turn his attention elsewhere, including a September showdown with Terence Crawford

Jake Paul took to social media to blast Canelo Alvarez, calling him a "money-hungry squirrel" who "ducked" a fight with him to sign a lucrative deal with Riyadh Season.

Jake Paul is at it again, stirring up the boxing world with yet another wild claim. This time, he insisted that undisputed super middleweight champion Canelo Álvarez signed a contract to fight him and that the official announcement was just around the corner. Bold statement, right? Well, the fans aren't exactly convinced.