Posts Tagged ‘Canelo Alvarez’

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After weeks of social media banter and threats to end negotiations, Canelo Alvarez and Gennady Golovkin will now do their talking in the ring once again. The middleweight rivals have announced a deal to rematch on September 15 at the T-Mobile Arena.

Today was the supposed final deadline set by Golden Boy Promotions president Oscar De La Hoya for Golovkin to agree to a 57.5-42.5% split in Canelo’s favor. As late as 2:45 p.m. PT, reports were circulated on ESPN and other websites that Golovkin had rejected the deal and the fight was “dead.”

It was then that Golden Boy allegedly blinked.

Company president Eric Gomez came back with another offer — less than the 45% Golovkin had settled on but more than the previous 42%. It was enough to get the deal done.

“The deal was dead at noon,” Golovkin manager Tom Loeffler told the L.A. Times. “He came back with a solution that satisfied both sides. Purse percentage was a main factor… (GGG) stuck to his principles. It wasn’t about money. We had the deal lined up with Saunders to unify the titles in the fall. Luckily, Golden Boy and Canelo accepted that.”

The rematch, originally scheduled for May 5, was canceled after Canelo tested positive for the banned substance clenbuterol, earning a six-month suspension. Golovkin subsequently accused Canelo of cheating in their first bout, causing a rift between the camps as negotiations resumed for September 15. Golovkin still took an interim bout on May 5, earning a second-round KO of Vanes Martirosyan. The move prompted the IBF to strip him of their belt for failing to face mandatory opponent Sergiy Derevyanchenko.

Canelo vs. Golovkin II will be for the latter’s WBA and WBC middleweight titles.

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Over the last few weeks, we watched fans and some of the media slowly talk themselves out of this fight happening. They began to believe the faux pas deadlines De La Hoya was setting on Twitter and Golovkin’s alleged refusal to budge from a 50/50 split.

In short order, everyone became experts on how to negotiate multi-million dollar deals. Folks who wouldn’t even know how to negotiate their job salary were bellowing that GGG needed to accept a 60/40 split. Keep in mind, those same people could be found a few months earlier saying Canelo was a drug cheat and needed to be banned for life.

In other words, it was the usual circus that accompanies any superfight negotiation.

But when you sift through the smoke and mirrors, there was one reality that everyone should’ve never lost sight of — there was no other option this lucrative. Canelo could threaten to fight Jacobs. GGG could do the same with Saunders. But the name of the game in prize-fighting is to fight for the biggest prize. Neither man was about to squander a proven money-maker to possibly get upset by talented but lesser-known fighters.

GGG isn’t the “A-side” but knew his worth after the million-plus numbers they generated from last year. And Canelo was smart enough to relent a few more percentage points to get a shot at redemption and cementing his legacy.

Only one of their hands will be raised the night of September 15. But for today, they can both count themselves as winners on the financial end.

 

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Canelo-Alvarez

The Nevada Athletic Commission has voted unanimously to give Canelo Alvarez a six month suspension to failing two drug tests in February.

The hearing was completed this afternoon in a shortened format as Canelo and representatives from his promoter Golden Boy were not present. The fighter was represented via telephone by  his attorney.

Per its regulations, Canelo was a given a one-year suspension. But due to his cooperation in the process and being a first time offender, the commission elected to reduce the sentence to six months and not issue a fine. The suspension is retroactive to the date of the first failed test, paving the way for the Canelo to move forward with the Golovkin rematch in September.

Canelo failed two tests in February after trace amounts of the banned substance clenbuterol was found in his system. He has maintained the results came from tainted meat.

 

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Photo Credit: Hogan’s Photos

Joseph “JoJo” Diaz received a solid test but ultimately prevailed over last-minute replacement Rafael Rivera in the co-feature of the Canelo-Golovkin pay-per-view card.

The southpaw Diaz was the stalker and able to feint Rivera into straight lefts at mid-range. His offense became to wear down Rivera in the fourth, where Diaz stunned him with a right hook upstairs. But Rivera, undefeated himself, showed good power with his right hands that kept Diaz from overwhelming him.

Ultimately, Rivera’s lack of a consistent jab put him at a severe disadvantage. His offense came from dangerous lunges and waiting on Diaz for countering opportunities. Because of Diaz’s superior technical skill, those opportunities were minimal. The ninth round was particularly brutal as Diaz unleashed 35 power shots (many being uppercuts and hooks inside).

Final scorecards were 119-109 twice and 120-108. The win was a title eliminator for Gary Russell Jr.’s WBC featherweight title.

Canelo_GGG_weighin

BeatsBoxingMayhem is providing a live stream for the untelevised undercard of tonight’s superfight between Canelo Alvarez and Gennady “GGG” Golovkin. The stream will show the following bouts.

Marlen Esparza (2-0) vs. Aracely Palacios, flyweights

Nicola Adams (2-0) vs. Alexandra Vlajk (11-6), super flyweight

Vergil Ortiz (6-0) vs. Cesar Valenzuela (7-1), super lightweight

Serhii Bohachuk (4-0) vs. TBA

 

 

Canelo_Golovkin

We’re just one day away from the biggest matchup of the year in Canelo Alvarez challenging Gennady Golovkin for the middleweight title. The men have their last preliminary face-off today at 3 p.m. ET at the official weigh-in. BeatsBoxingMayhem is streaming the entire event which includes the undercard.

The fight takes place tomorrow night at 9 p.m. ET on HBO pay-per-view.

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BeatsBoxingMayhem is providing a live stream of Wednesday’s final press conference between Gennady Golovkin and Canelo Alvarez. Watch the two stars give their final thoughts before Saturday’s much-anticipated matchup. The live stream begins at 3 p.m. ET. The fight takes place on HBO pay-per-view at 9 p.m. ET on September 16.

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Photo Credit: Hogan Photos/Golden Boy Promotions

Fight week officially kicked off on Tuesday with the “grand arrivals” of middleweight champion Gennady Golovkin and challenger Canelo Alvarez at the MGM Grand. Both seemed determined to make sure this fight has a definitive ending on September 16.

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CANELO ALVAREZ
I’m very happy. I’m very excited to be here and to be back with my people, and this is another fight. This is another fight that will go down in history. And I’m very happy to be joined here by all my people. With the promotions and all the back and forth, it’s become personal. It’s a fight that all the fans and all the media have been waiting for for years.
I can assure you that I will do my part and I will do my best to give you all a beautiful fight. The most important thing for me is victory. I always prepare myself to give the best. I want this for my people, my team, for my country. And that’s what I’m going to do this Saturday. I’m going to go in there and win the fight. I prepared myself for the knockout. Look, anything can happen in this fight. But that’s what I’ve prepared for–to knock him out.
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GENNADY “GGG” GOLOVKIN
It’s amazing to be in Las Vegas. But the bigger thing is the fight is finally here. I am Gennady Golovkin until I walk into the ring. And that’s when I turn into Triple G. It’s not that I’m mean, or angry. I’m just more focused. This is the perfect fight for fans. And the perfect fight for me. I will enjoy it.

I’ve wanted him [Alvarez] because of the Cotto fight when he became the mandatory challenger. I’m old school. I think there should just be one champion. All my career I’ve been denied the fights I’ve wanted [Felix Sturm, Sergio Martinez, Miguel Cotto]. That ends Saturday night.