After reports that a long-discussed bout between Saul "Canelo" Alvarez and Terence Crawford was inching toward being finalized, a new report from The Ring Magazine claims that those negotiations have fallen apart.

One day, the mega-fight between Canelo Alvarez and Terence Crawford is on; the next day, it’s off. The latest update indicates there's been a significant snag.

Alvarez vs. Crawford was to take place in September at Las Vegas' Allegiant Stadium on a show organized by Riyadh Season, the entity operated by Alalshikh and Saudi Arabia's General Entertainment Authority. Ring Magazine reported Wednesday night that the fight is now off. No further specifics were given.