Boxing superstar Canelo Alvarez is off the hook in his $9 million lawsuit with a Mexican boxer -- both sides have reached a settlement ... TMZ Sports has learned
The agreement brings an end to the trial that started Monday in an L.A. courtroom. As we previously reported, Ulises Solis -- a former Mexican boxing champion -- sued Alvarez over a 2011 street fight they allegedly had in Guadalajara.
According to court docs, the settlement was reached on Thursday. Terms of the deal have not been disclosed.
Solis had claimed Alvarez hit him so hard it broke his jaw ... forcing him to cancel future fights, so the IBF took his belt.