Gennady Golovkin is now the reigning WBC middleweight champion by default. This is after Saul ‘Canelo’ Álvarez gave up his WBC title. Since letting go of the WBC middleweight title, Álvarez has focused on fixing a bout between him and GGG whom both he and Khan have been keen to fight against.

After successfully defending his title against challenger Amir Khan, Canelo was forced to either succumb to a tight deadline for a fight or give up the title in exchange for a longer negotiation period for his next fight.

On Wednesday, Canelo released a statement saying, “For the entirety of my career, I have taken the fights that no one wanted because I fear no man. Never has that been more true than today. I will fight ‘GGG’ and I will beat ‘GGG’ but I will not be forced into the ring by artificial deadlines,” The Independent cites.

Canelo won the title last November against Miguel Cotto before facing Amir Khan. Before giving up the title, Canelo has been pressured to finalize his bout negotiations with the GGG camp. By giving up the title, he is now free from the deadline, which ought to have been this Sunday, May 22.

ALSO READ: Amir Khan to Earn 17 Million From World Title Fight With Saul Alvarez

Canelo comes from a fresh win against Britain’s no. 1 Amir Khan, while Kazakh fighter Golovkin recently pummeled Dominic Wade in two rounds. The reigning WBC/WBA/IBO/IBF middleweight is currently sporting a 35-0 record, Boxing Scene reports. GGG is known for his aggressive fighting strategy with 32 knockouts to boot.

ALSO READ: Mayweather vs McGregor Fight Slammed by Roy Jones Jr.

The 25-year old Canelo comes to the ring with a single defeat against Floyd Mayweather and a boxing record of 47-1-1.

Though the negotiations are still in progress, ESPN reports that the weight of both fighters were never an issue. “It never came into play. It was about the financial aspects of the fight, the location. It wasn’t really in-depth yet, but weight didn’t come up. It wasn’t a stumbling block,” Loeffler said to ESPN.