Alvarez-Mosley officially added to Cotto-Mayweather undercard

Unbeaten junior middleweight standout Saul Alvarez will face former three-division champ Shane Mosley in the co-featured bout to the Miguel Cotto-Floyd Mayweather 154-pound title bout on May 5 at the MGM Grand in Las Vegas.

Oscar De La Hoya, president of Golden Boy Promotions, promoter of the pay-per-view event, announced Alvarez-Mosley on his Twitter page Friday night.

“It’s like music to my ears. They’ve agreed on terms,” De La Hoya told RingTV.com. “We just need their signatures on the dotted line and we’re set to go.”

Alvarez (39-0-1, 29 knockouts), the 21-year-old WBC 154-pound beltholder from Mexico, is almost half the age of Mosley, who turned 40 last September.

Mosley (46-7-1, 39 KOs) has gone 0-2-1 in his last three bouts, one-sided decision losses to Manny Pacquiao and Floyd Mayweather and a split-draw against Sergio Mora. Mosley’s last victory was his ninth-round TKO of Antonio Margarito in January of 2009.

“It’s an event of the magnitude which I think that we haven’t seen in a long time. For all of us in the sport of boxing, it’s a proud moment for all of us. I’m really proud to be associated with this event,” said Golden Boy Promotions CEO Richard Schaefer.

“I’m very proud for Golden Boy and for Mayweather Promotions and all associated parties to be putting this great event together. It’s an absolutely amazing achievement to be able to put this together. But Oscar very skillfully negotiated this fight and was able to pull it off.”

Also in the works, said Schaefer, are two more bouts that will be televised.

“This pay per view will be four televised fights. I can’t tell you what the other two fights will be,” said Schaefer.

“But we’re close to getting that done and I expect this to be the biggest event of all time. This is definitely a record-breaker.”

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