All parties are currently pulling in the same direction for an immediate return as noises from both sides of the deal point to an agreement in the next few weeks.
As for a venue, Las Vegas is still the firm favorite despite a recent visit by Golovkin and his team to check out potential sites in Dallas, Texas.
In their first meeting, Golovkin was the aggressor and boss of what was an entertaining contest against the Mexican superstar but ended up on the sorry side of a highly-debated draw.
Canelo was gifted a result which never should have stood and spared a second reverse on his record. The two-weight world title holder struggled to deal with the relentless pressure of the Kazakh and backed away from Golovkin for the majority of his time in the ring.
Visibly tiring after six rounds, Canelo was beaten by the better man on the night, something which was widely recognized by the majority of fans and media alike.
Canelo’s date of Cinco de Mayo is already signed a sealed and just depends on a firm handshake between Golden Boy and K2 on the splitting of the monies.
Trainer Abel Sanchez, who had seemingly masterminded Golovkin’s greatest victory, informed WBN previously that he’s pulling for the fight to happen.
“Tom Loeffler is communication with Golden Boy and will know soon,” Sanchez exclusively told World Boxing News.
“I don’t know what the terms or concessions we and Golden Boy will have to do for the fight to happen in May 2018,” he added cautiously.
Since the first fight, Golovkin has taken over as the top boxer on the planet due to Andre Ward’s retirement, with his pulling power is stronger than ever, something that could irk Canelo – who is known to be a stickler for keeping himself as the A-side.
This could well make the bout tougher to make on the back of plenty of squabbles before the original September meeting, although may have a reverse effect with Canelo knowing full well he can overtake ‘GGG’ with a return win in 2018.
Phil Jay is Editor of World Boxing News. Follow on Twitter @PhilDJay