Chavez vs Golovkin pay-per-view still being negotiated for July 12

Bob Arum is still working on a deal to match his fighter, Julio Cesar Chavez Jr, with WBA middleweight champ Gennady Golovkin in a super middleweight pay-per-view main event at The Forum in Inglewood, California.

The fight, if it takes place, would happen on July 12, just two weeks before Canelo Alvarez's scheduled return to Showtime pay-per-view. Chavez-Golovkin, of course, would be an HBO pay-per-view event.

Chavez (48-1-1, 32 KO) would be making his second straight appearance at 168 pounds, following a March 1 win over Bryan Vera. Golovkin (29-0, 26 KO) would be moving up in weight for the big money fight.

It's already looking like an abnormally busy year for pay-per-view, as we saw Canelo-Angulo on March 8, and right now we have Pacquiao-Bradley II (4/12), Mayweather-Maidana (5/3), and Cotto-Martinez (6/7) already 100% official and finalized, plus what appears to be 7/12 for Chavez-Golovkin and 7/26 for Canelo-TBA.

Do you think Chavez-Golovkin is a fitting pay-per-view fight, or could this be a show that suffers in the glut of $60 fights to come?