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Canelo Alvarez vs James Kirkland signed for May 2 on HBO

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Canelo Alvarez will meet James Kirkland on May 2, and the fight won't be on pay-per-view.

Stephen R. Sylvanie-USA TODAY Sports

Canelo Alvarez and James Kirkland will finally square off on May 2, after several negotiations over the last few years, as ESPN.com is reporting that the fight is signed on both sides, and will take place at either San Antonio's Alamodome or Las Vegas' Thomas & Mack Center, with HBO televising.

This will be the first non-PPV fight for Alvarez (44-1-1, 32 KO) since his April 2013 win over Austin Trout, and his first fight with HBO since May 2012, when he beat Shane Mosley on the Mayweather-Cotto HBO PPV undercard. It's his first fight on regular HBO since November 2011, when Canelo beat Kermit Cintron in Mexico City. Alvarez signed with HBO last year as Golden Boy Promotions shook things up following the departure of former CEO Richard Schaefer.

Kirkland (32-1, 28 KO) hasn't fought since a December 2013 win over Glen Tapia, and that's his only fight since a controversial March 2012 DQ win over Carlos Molina.

This fight being signed and sealed for May 2 could mean that Floyd Mayweather won't be fighting on that date, either against Manny Pacquiao or Miguel Cotto (or someone else, like Amir Khan), but he still could. HBO would be making a bold move running a fight against a Mayweather PPV, but at the same time, with Canelo being a major star, a "free" fight on HBO with him would also severely threaten the sales of a Mayweather PPV, unless the fight were against Manny Pacquiao.