Alvarez, 35, underwent elbow surgery last year and will miss the weekend he consistently put on the head. He has fought on Cinco de Mayo weekend every year since 2015, with the exception of 2018 and 2020.
Saturday’s event is headlined by David Benavidez, who moves up to cruiserweight to face unified champion Gilberto Ramirez. Benavidez previously held mandatory super middleweight status during Alvarez’s undisputed title run.
Alvarez last fought on Mexican Independence Weekend in September, losing a unanimous decision to Terence Crawford. He is expected to return in mid-September on the same holiday weekend.
His presence on Saturday drew attention because the co-main event features a WBA title fight at 168 pounds. The winner of Munguia vs. Resendiz will hold a belt in Alvarez’s division, making the result relevant to his next opponent options. No direct link confirmed, but the result adds a different name to the current title image.
If Resendiz wins, he becomes a massive high-reward, manageable-risk target for Saul’s homecoming. Resendiz is tough and has that relentless “Toro” style, but he’s technically the kind of aggressive fighter that Saul has historically countered with time and ease.
The event will be streamed Prime Video and DAZN. Former promoter Oscar De La Hoya is also expected to attend in support of his fighters, including Ramirez and Oscar Duarte. De La Hoya has been publicly critical of Alvarez in recent years.
