Boxing: DAZN, Golden Boy Trying To Settle Row With Canelo Alvarez Per Sources

Canelo Alvarez is in a fix right now although sources reveal that he along with DAZN and Golden Boy Promotions are collaborating. The Mexican pug filed a federal lawsuit against DAZN and Golden Boy, a row that has to be resolved if Alvarez is to return to the ring.

Alvarez has been out of the ring since November and the boxing champion is not happy since a next fight has yet to be scheduled. So far, he has had three fights ever since DAZN came into the picture. Those fights were against Rocky Fielding, Daniel Jacobs and Sergey Kovalev.

A fourth fight has yet to be made but DAZN wanted Alvarez to hold a third fight with Gennady Golovkin and no one else. Other than GGG, DAZN does not want the Mexican to face any other opponent.

With technicalities on the availability of Golovkin on the table, Golden Boy suggested Callum Smith and Billy Joe Saunder as alternative opponents. But DAZN is willing to pay only a fraction of the $40 million license fee for an Alvarez fight. Under the agreement, Alvarez is to get $35 million of the license fee.

Alvarez bats that DAZN has no business in the opponents that he wants to face. He added that it was Golden Boy who gave DAZN those rights without his knowledge, leading to the lawsuit. He is seeking $280 million in damages, the remainder of his contract, and a judicial determination that he is eligible to participate in bouts arranged and promoted by entities other than Golden Boy Promotions and broadcast by entities other than DAZN.

The lawsuit was thrown out due to technicalities last Sept. 8 though Alvarez and his camp are given two weeks to amend the claim and file again. With a window now open, all camps are given the chance to sit down and try to resolve the row, Boxingscene reported.

“If they’re talking that is a good thing. It is certainly better than if they weren’t talking,” a source with knowledge of the meeting said.

One fight that could be next for Alvarez is a showdown with Avni Yildirim. The WBC wants both fighters to clash for the vacant super-middleweight title but the boxing body postponed the purse bid until Oct. 6. Much of this was covered in a previous post.