Report: Jake Paul, Canelo Alvarez nearing deal for bout

(Photo credit: Kevin Jairaj-Imagn Images)
Jake Paul, one of the world's most popular boxers, and Canelo Alvarez, one of the world's most accomplished boxers, reportedly are set to square off in the ring.

The two are closing in on a deal for a May 3 cruiserweight bout (200-pound limit) at Las Vegas, ESPN reported Thursday night. The match reportedly would be carried by Netflix.

Paul owns an 11-1 boxing record, but he has