The two setbacks, each of which occurred in May, were sandwiched around a draw against light-hitting Sergio Mora September of 2010.
On Friday night, the aging Mosley agreed to terms for a return to the MGM on May 5 against WBC 154-pound beltholder Saul "Canelo" Alvarez, a man 19 years younger than he is.
"Shane feels that he's going to turn back the clock and that he's going to show everybody what he's all about," said Golden Boy Promotions CEO Richard Schaefer. "It's his chance to become world champion again by beating a Canelo Alvarez."
A 21-year-old fighter whose nickname means, "Cinamon," Alvarez is "hungry," said Mosley, "and he's looking to take out a legend" in an effort to boost his already skyrocketing star status among his Mexican fans.
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