Promoter Oscar De La Hoya is currently considering the possibilities of making an eight-man knockout competition that would feature the best light-middleweights in the world.
The president of Golden Boy Promotions currently represents one of the biggest names in the division in Saul Alvarez, and he believes that there is enough depth to make a high class tournament.
"Why not do an eight-man tournament in a shorter period of time," De La Hoya told RingTV.com.
"Why not have three fights or even four fights in one night and make it a single-elimination tournament in a shorter amount of time. It doesn't have to last a year or two years. You can make it single-elimination, and this tournament can last just a few months."
This would be in contrast to the Super Six Series which took more than two years to conclude and was eventually won by Andre Ward who overcame Britain's Carl Froch in the final.
The tournament at super-middleweight proved a huge success with a series of fantastic fights between the majority of the title holders in the division and there is a similar number of impressive fighters at 154lbs.
Alvarez had been hoping to secure a fight with Miguel Cotto who could be an option, while IBF holder Cornelius Bundrage, Erislandy lair, Freddy Hernandez and Cory Spinks are all names being mentioned.
Another candidate could be WBA champion Austin Trout, while James Kirkland and Carlos Quintana are also names that would certainly be considered should the tournament get the go ahead.
While talks are at the very early stages, De La Hoya is confident that there would be plenty of public interest in the tournament.
"You don't necessarily have to be the winner of a tournament like this," he added. "If you fight in a great fight, then you're going to come out of that tournament a star.
"Win or lose, as long as you fight, you don't lose. But a tournament at 154 pounds would be incredible. It would be amazing."