DAZN Targeted Canelo vs Oscar De La Hoya and UFC Stars Khabib Nurmagomedov and Jorge Masvidal

By: Hans Themistode Canelo Alvarez had it all figured out. The four division world champion would return to the ring amidst a worldwide pandemic and take on a credible opponent in an empty arena.  Names such as WBO super middleweight titlist Billy Joe Saunders and WBA belt holder Callum Smith were at the top of his list. That aforementioned list however, didn't meet DAZN’s criteria.  According to Dan Rafael and Mike Coppinger, the streaming company is only interested in green lighting “premiere” opponents for Alvarez. With that being said, opponents such as Saunders and Smith aren't what DAZN would consider as marquee opposition.  Who they do consider main attractions for their star however, is surprising to say the least. MMA stars Jorge Masvidal and Khabib Nurmagomedov are names at the top of their wishlist. Also amongst that group would be the promoter of Alvarez in Oscar De La Hoya. The former six division world champion hasn't fought an official boxing match since his one sided stoppage loss at the hands of Manny Pacquiao over a decade ago.  Still, with De La Hoya recently announcing that he will return to the ring at the age of 47, DAZN views his comeback as an opportunity to put on one of the biggest shows in the sport of boxing. Although no offer was officially on the table, De La Hoya seemed at least receptive to the idea of taking on his promotional company's main star. “I don't know,” said De La Hoya to Chris Mannix several months ago. “Crazy, but not that crazy.” “Canelo’s an amazing fighter. He’s the best. He’s the pound-for-pound champ. He hits like a mule. I don’t know, Chris, you’re throwing me in the fire here. But that’s a challenge that – you know, I never back down from anybody. But we’ll have to wait and see.” For DAZN, the streaming company has struggled to produce any fresh contest amid COVID-19. With their subscription numbers suffering, the company views a bout that pits Alvarez against any of the aforementioned fighters as a great way to pull in viewers.  For what it’s worth, although De La Hoya is unsure of whether or not he would actually take on Alvarez and with Nurmagomedov fully focused on his MMA career, UFC star Jorge Masvidal not only welcomed a showdown with the Mexican star but he was damn there begging for it.  “He’s an animal,” said Masvidal during an interview with DAZN few a months ago. “I always like to push myself as much as I can and Canelo is that guy. He’s a fuc*ing beast. Everybody’s telling me that he’ll knock me out, this and that, and I'm telling everybody, No, watch and see. I have my own plans.” Masvidal’s plans mirror that of DAZN, which would be to set up a huge crossover matchup that would generate the sort of buzz that Floyd Mayweather vs Conor McGregor did in 2017.  While DAZN has made it clear that Masvidal, De La Hoya and Nurmagomedov are it’s preferences, the streaming company has also let it be known that a third contest with Gennadiy Golovkin would qualify as a top notch matchup that they would highly consider backing.  Alvarez and Golovkin though, haven’t always seen things eye to eye.  Both the Mexican star and Golden Boy promotions attempted to stage one final showdown with Golovkin earlier this year. Yet, it was Alvarez who was left at the altar as Golovkin switched his focus to his mandatory challenger Kamil Szeremeta.  Issues such as opponent selection and a reluctance in paying their star what is contractually obligated to him has led both sides to now resolve their issues in the courtroom as Alvarez filed a suit against DAZN, De La Hoya and Golden Boy earlier this week.  The post DAZN Targeted Canelo vs Oscar De La Hoya and UFC Stars Khabib Nurmagomedov and Jorge Masvidal appeared first on BoxingInsider.com.

DAZN Targeted Canelo vs Oscar De La Hoya and UFC Stars Khabib Nurmagomedov and Jorge Masvidal

By: Hans Themistode

Canelo Alvarez had it all figured out. The four division world champion would return to the ring amidst a worldwide pandemic and take on a credible opponent in an empty arena. 

Names such as WBO super middleweight titlist Billy Joe Saunders and WBA belt holder Callum Smith were at the top of his list. That aforementioned list however, didn't meet DAZN’s criteria. 

According to Dan Rafael and Mike Coppinger, the streaming company is only interested in green lighting “premiere” opponents for Alvarez. With that being said, opponents such as Saunders and Smith aren't what DAZN would consider as marquee opposition. 

Who they do consider main attractions for their star however, is surprising to say the least. MMA stars Jorge Masvidal and Khabib Nurmagomedov are names at the top of their wishlist. Also amongst that group would be the promoter of Alvarez in Oscar De La Hoya. The former six division world champion hasn't fought an official boxing match since his one sided stoppage loss at the hands of Manny Pacquiao over a decade ago. 

Still, with De La Hoya recently announcing that he will return to the ring at the age of 47, DAZN views his comeback as an opportunity to put on one of the biggest shows in the sport of boxing. Although no offer was officially on the table, De La Hoya seemed at least receptive to the idea of taking on his promotional company's main star.

“I don't know,” said De La Hoya to Chris Mannix several months ago. “Crazy, but not that crazy.”

“Canelo’s an amazing fighter. He’s the best. He’s the pound-for-pound champ. He hits like a mule. I don’t know, Chris, you’re throwing me in the fire here. But that’s a challenge that – you know, I never back down from anybody. But we’ll have to wait and see.”

For DAZN, the streaming company has struggled to produce any fresh contest amid COVID-19. With their subscription numbers suffering, the company views a bout that pits Alvarez against any of the aforementioned fighters as a great way to pull in viewers. 

For what it’s worth, although De La Hoya is unsure of whether or not he would actually take on Alvarez and with Nurmagomedov fully focused on his MMA career, UFC star Jorge Masvidal not only welcomed a showdown with the Mexican star but he was damn there begging for it. 

“He’s an animal,” said Masvidal during an interview with DAZN few a months ago. “I always like to push myself as much as I can and Canelo is that guy. He’s a fuc*ing beast. Everybody’s telling me that he’ll knock me out, this and that, and I'm telling everybody, No, watch and see. I have my own plans.”

Masvidal’s plans mirror that of DAZN, which would be to set up a huge crossover matchup that would generate the sort of buzz that Floyd Mayweather vs Conor McGregor did in 2017. 

While DAZN has made it clear that Masvidal, De La Hoya and Nurmagomedov are it’s preferences, the streaming company has also let it be known that a third contest with Gennadiy Golovkin would qualify as a top notch matchup that they would highly consider backing. 

Alvarez and Golovkin though, haven’t always seen things eye to eye. 

Both the Mexican star and Golden Boy promotions attempted to stage one final showdown with Golovkin earlier this year. Yet, it was Alvarez who was left at the altar as Golovkin switched his focus to his mandatory challenger Kamil Szeremeta. 

Issues such as opponent selection and a reluctance in paying their star what is contractually obligated to him has led both sides to now resolve their issues in the courtroom as Alvarez filed a suit against DAZN, De La Hoya and Golden Boy earlier this week. 

The post DAZN Targeted Canelo vs Oscar De La Hoya and UFC Stars Khabib Nurmagomedov and Jorge Masvidal appeared first on BoxingInsider.com.

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Canelo Alvarez Files Suit Against DAZN, Golden Boy And Oscar De La Hoya; Seeks $280 Million

By: Hans Themistode Canelo Alvarez has watched from the sidelines as most of his contemporaries have either entered the ring, or have big fights lined up for the near future. The four division world champion however, has been forced to wait.  The current pound for pound star drew headlines and massive praise for securing a $350 million deal with streaming company DAZN in 2018. The relationship between both parties seemed to be going as well as it could be. Alvarez had a rather easy time in the first contest of his deal, knocking out the unheralded Rocky Fielding in the third round in late 2018. From there, Alvarez fought two more times, defeating former middleweight titlist Daniel Jacobs via unanimous decision before ultimately moving up two weight classes to dethrone WBO light heavyweight champion Sergey Kovalev in the 11th round.  Despite their good start, Alvarez has now grown acrimonious towards the streaming company and his promoter, Oscar De La Hoya and Golden Boy, and is seeking $280 million in damages.  “This lawsuit arises from the breach of the single largest contract in the history of boxing, and one of the largest in all of sport,” stated the complaint. After extended discussions between the parties, DAZN offered to pay Alvarez and Golden Boy Promotions a fraction of the contracted $40 million license fee in cash and some DAZN stock in advance of a potential IPO. However, the entire value of the package -- for a bout against another World Champion -- was substantially less than Alvarez' contractual guarantee.” DAZN’s refusal to pay Alvarez what was promised to him may have led to this suit, but his promoter in Oscar De La Hoya also shoulders a heavy load in the blame as well.  “Given that DAZN had made it clear that it would not honor its contract, throughout the spring and summer of 2020, Alvarez repeatedly asked Golden Boy Promotions to explore alternative broadcast options for a fall 2020 bout. Although Golden Boy Promotions reported that it was talking to various broadcasters, it failed to put forth a single alternative plan by which it would pay Alvarez the $35 million it had promised him for each of his fights.” For now, Alvarez will seemingly sit on the sidelines for an even longer period of time. The Mexican native has routinely made two appearances in the ring per year with both centered around Cinco De Mayo in May and Mexico’s Independence Day in September. Regardless of his yearly tradition, Alvarez watched as both Mexican holidays came and went.  Although fans of Alvarez will now be forced to twiddle their thumbs as he sits in boxing purgatory, the Mexican star has assured his supporters that he will return soon. “I'm the pound for pound number one in the world,” said Alvarez in a statement. “I'm not scared of any opponent in the ring, and I'm not going to let failures of my broadcaster or promoters keep me out of the ring," he said in a statement on Tuesday. "I filed the lawsuit so I can get back to boxing and give my fans the show they deserve.” Golden Boy fully understands where Alvarez is coming from in terms of filing his suit against DAZN. However, they can’t seem to process why they have been dragged into this legal mess as well. As far they are concerned, they’ve held up to their side of the bargain. “They're the ones refusing to honor the contract by not approving the outstanding opponents we have presented to them and by refusing to pay the contractually required amount," said Golden Boy spokesmen Stefan Friedman.. “Even though our contract specifically gives Golden Boy the right to wait until the pandemic is over and fans can return; in the best interest of boxing, Golden Boy is doing everything it can to make great fights happen. We remain ready, willing and able to make a fight for Canelo as soon as possible.” The post Canelo Alvarez Files Suit Against DAZN, Golden Boy And Oscar De La Hoya; Seeks $280 Million appeared first on BoxingInsider.com.

Canelo Alvarez Files Suit Against DAZN, Golden Boy And Oscar De La Hoya; Seeks $280 Million

By: Hans Themistode

Canelo Alvarez has watched from the sidelines as most of his contemporaries have either entered the ring, or have big fights lined up for the near future. The four division world champion however, has been forced to wait. 

The current pound for pound star drew headlines and massive praise for securing a $350 million deal with streaming company DAZN in 2018. The relationship between both parties seemed to be going as well as it could be. Alvarez had a rather easy time in the first contest of his deal, knocking out the unheralded Rocky Fielding in the third round in late 2018. From there, Alvarez fought two more times, defeating former middleweight titlist Daniel Jacobs via unanimous decision before ultimately moving up two weight classes to dethrone WBO light heavyweight champion Sergey Kovalev in the 11th round. 

Despite their good start, Alvarez has now grown acrimonious towards the streaming company and his promoter, Oscar De La Hoya and Golden Boy, and is seeking $280 million in damages. 

“This lawsuit arises from the breach of the single largest contract in the history of boxing, and one of the largest in all of sport,” stated the complaint. After extended discussions between the parties, DAZN offered to pay Alvarez and Golden Boy Promotions a fraction of the contracted $40 million license fee in cash and some DAZN stock in advance of a potential IPO. However, the entire value of the package -- for a bout against another World Champion -- was substantially less than Alvarez' contractual guarantee.”

DAZN’s refusal to pay Alvarez what was promised to him may have led to this suit, but his promoter in Oscar De La Hoya also shoulders a heavy load in the blame as well. 

“Given that DAZN had made it clear that it would not honor its contract, throughout the spring and summer of 2020, Alvarez repeatedly asked Golden Boy Promotions to explore alternative broadcast options for a fall 2020 bout. Although Golden Boy Promotions reported that it was talking to various broadcasters, it failed to put forth a single alternative plan by which it would pay Alvarez the $35 million it had promised him for each of his fights.”

For now, Alvarez will seemingly sit on the sidelines for an even longer period of time. The Mexican native has routinely made two appearances in the ring per year with both centered around Cinco De Mayo in May and Mexico’s Independence Day in September. Regardless of his yearly tradition, Alvarez watched as both Mexican holidays came and went. 

Although fans of Alvarez will now be forced to twiddle their thumbs as he sits in boxing purgatory, the Mexican star has assured his supporters that he will return soon.

“I'm the pound for pound number one in the world,” said Alvarez in a statement. “I'm not scared of any opponent in the ring, and I'm not going to let failures of my broadcaster or promoters keep me out of the ring," he said in a statement on Tuesday. "I filed the lawsuit so I can get back to boxing and give my fans the show they deserve.”

Golden Boy fully understands where Alvarez is coming from in terms of filing his suit against DAZN. However, they can’t seem to process why they have been dragged into this legal mess as well. As far they are concerned, they’ve held up to their side of the bargain.

“They're the ones refusing to honor the contract by not approving the outstanding opponents we have presented to them and by refusing to pay the contractually required amount," said Golden Boy spokesmen Stefan Friedman.. “Even though our contract specifically gives Golden Boy the right to wait until the pandemic is over and fans can return; in the best interest of boxing, Golden Boy is doing everything it can to make great fights happen. We remain ready, willing and able to make a fight for Canelo as soon as possible.”

The post Canelo Alvarez Files Suit Against DAZN, Golden Boy And Oscar De La Hoya; Seeks $280 Million appeared first on BoxingInsider.com.

Source : Boxing Insider More   

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