Canelo Alvarez next fight: Erislandy Lara cancels Ishe Smith bout on May 2, set for July 12 [VIDEO]

By all appearances, Canelo Alvarez has agreed to terms for a July 12 bout with Cuban slickster Erislandy Lara, who will get his chance to back up months of trash talking the highly popular Mexican pugilist. The founder of Golden Boy Promotions, Oscar De La Hoya, took to Twitter himself to announce the news.