A purse bid scheduled for the Devon Alexander-Diego Chaves welterweight title elimination bout scheduled to take place at the IBF headquarters in Springfield, New Jersey, on Thursday was canceled when the sides made a deal on Wednesday.

Tom Brown of TGB Promotions, acting as Alexander's promoter on behalf of adviser Al Haymon, and Osvaldo Rivera of KO International, Chaves' promoter in Argentina, made the deal for the bout that will produce the mandatory challenger for 147-pound titlist Kell Brook of England.

Although not set in stone, Alexander-Chaves is penciled in for Sept. 26 at the Little Creek Casino Resort in Shelton, Washington, in what could be a Premier Boxing Champions card on Fox Sports 1, which will begin televising PBC bouts following the expiration of Golden Boy's Fox deal. However, there is a chance the site could change as well as the date, up a week or a back a week, and be televised on a different PBC network.

Alexander (26-3, 14 KOs), 28, of St. Louis, has lost two of his last three fights, a one-sided decision loss to Amir Khan in December and a decision in a slightly more competitive bout against Shawn Porter. In between, Alexander outpointed journeyman Jesus Soto Karass.

Chaves (23-2-1, 19 KOs), 29, of Argentina, is 0-1-1 in his last two bouts, a draw with Timothy Bradley Jr. in December (in a fight most thought Bradley clearly won) and a ninth-round disqualification to Brandon Rios last August.