The WBO mandatory bout is expected to take place in Russia. The agreement means a looming purse bid can be avoided.
Kovalev’s promoter Kathy Duva revealed the latest on the stalling encounter to World Boxing News,
“The Yarde negotiations are moving forward between the promoter in Russia, RCC, and Queensberry – who represents Yarde,” Duva told World Boxing News.
“I heard from both sides yesterday that they have come to terms on all of the contract provisions.”
Kovalev must go through with the stipulated fight with Yarde in order to adhere to the WBO’s wishes.
The big-punching Russian will be a heavy favorite to prevail, especially on home soil.
Should Yarde’s challenge be brushed aside, Kovalev and Duva are pushing for a massive super-bout with Canelo Alvarez.
Canelo v Kovalev has potential to take place at the back end of 2019. Kovalev’s WBO duties also could see the tear-up move Canelo away from his usual September date.
The Yarde battle is expected to happen by the end of the summer, meaning dates in December would be more likely for Canelo.
Duva is awaiting formal contact from Golden Boy, but hopes the Canelo match-up can make it over the line this year.
Canelo is reported to have a shortlist of just two candidates for his next outing. The other being Briton Callum Smith.
It all depends on which weight division the Mexican superstar chooses to campaign at next.