Saul 'Canelo' Alvarez has been stripped of his IBF belt, a move Oscar De La Hoya described as an "insult to the boxing fans of the world".
The title was officially vacated when Alvarez and Sergiy Derevyanchenko could not come to an agreement on a deal for a fight Thursday.
The sides reportedly are negotiating for Alvarez to make the mandatory defense of his IBF middleweight title in October or November.
Gennady Golovkin wants a third fight with middleweight champion Saul 'Canelo' Alvarez following Saturday's brutal win.
Having beaten Daniel Jacobs, the IBF are pushing Saul Alvarez into making a quick decision over his next opponent.
Billy Joe Saunders does not think Mexican Saul 'Canelo' Alvarez would want to face "a slick southpaw who is hard to hit".
Saul 'Canelo' Alvarez's future options could include a bout against Sergey Kovalev or Gennady Golovkin, according to Oscar De La Hoya.
He lost on points to Saul 'Canelo' Alvarez on Saturday and Daniel Jacobs feels it could be time to move up from the middleweight division.
Daniel Jacobs, who was diagnosed with bone cancer in 2011 and returned the following year, was proud of his performance in Las Vegas.
Daniel Jacobs was just one round short of forcing a draw in a matchup with one of the best pound-for-pound fighters in the world.