Saul 'Canelo' Alvarez would be open to the possibility of boxing against UFC star Jorge Masvidal in a blockbuster crossover bout.

Four-weight world champion Canelo was called out by Masvidal after 'Gamebred' defeated Nate Diaz at UFC 244 early in November.

After initially rebuffing the call out, Canelo was more open to the suggestion when presented the idea by TMZ.

"For business? Why not," he replied when asked about fighting Masvidal, who has seen his stock rise in MMA circles after notable wins over Darren Till, Ben Askren and Diaz in 2019.

Pressed if it could be his next fight, Canelo replied simply: "We'll see, we'll see."

Canelo, who defeated Sergey Kovalev on the same night as Masvidal beat Diaz, also reiterated his desire for a rematch with Floyd Mayweather Jr.

The Mexican was comfortably defeated via mixed decision – with one judge controversially scoring the fight a draw – back in September 2013.

Canelo is sure of a different outcome should the two mix it again, though the 29-year-old doubts the fight will happen.

"It's a fight I'd definitely like, it's a different time now, I was very young and inexperienced at the time," he added. 

"I'm a different fighter. It'd be a totally different result. But I don't think it will happen."