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The bout against former champ Malignaggi would've been the biggest fight of Alvarado's career and a victory probably would've propelled him directly into a title shot. This could have meant a big payday for Vegas sports betting entities and fighters alike.
Alvarado (26-0, 18 KOs) was scheduled to fight Malignaggi on June 27 in Atlantic City, N.J., on the televised undercard of a Top Rank pay-per-view show featuring Juan Manuel Lopez and Olivier Lontchi in the main event and Fernando Montiel-Eric Morel as a co-feature.
Malignaggi's promoter Lou DiBella is hoping to find a suitable replacement for Alvarado so that Paulie can stay on the televised card.
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