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It appears that Canelo Alvarez and Jake Paul are actually happening. On Thursday, boxing promoter Eddie Hearn told Ring magazine that he had heard that Paul vs. Canelo was a done deal.
Veteran boxing journalist Cynthia Conte reports that the fight could occur at Allegiant Stadium and aired live on Netflix.
A little birdie told me Jake Paul vs Canelo is a done deal for May 3, Cinco de Mayo weekend in Vegas!
Allegiant & T-Mobile Arena are the two possible venues.
It will be co-promoted by MVP Promotions & PBC LIVE on Netflix!@BestWomensBSP #PaulCanelo #CaneloPaul #boxing
— Cynthia Conte (@cynthia_conte) February 6, 2025
Boxing insider Rick Glaser also heard the same thing about a potential Canelo vs Paul fight.
Canelo-Jake Paul looking better & better to happen, in May, & get this, it’s not Amazon Prime PPV, just like the Jake Paul-Mike Tyson debacle it looks like it’ll be on Netflix!!! Very interesting. #Boxing
— Rick Glaser (@RealRickGlaser1) February 6, 2025
Latest, for the Canelo-Jake Paul fight all negotiations with Netflix is being conducted by MVP Head Honcho Nakisa Bidarian, & Bidarian is also working on a deal to put on a regular series of fights per year on NetFlix. with Canelo-Jake Paul going on NetFlix, & doing regularly…
— Rick Glaser (@RealRickGlaser1) February 6, 2025
Paul is already a massive underdog in early betting props.
Per Betonline
Future line:
Canelo Alvarez -4000
Jake Paul +1400 pic.twitter.com/OkW0jqUc1U— Jed I. Goodman © (@jedigoodman) February 6, 2025