by Kris Anthony (email@example.com)
In life, there are always splits, husband and wife to boxer and manager/promoter. But never have I heard of $280,000,000 being the argued amount in any split.
It has been widely reported of the split of the once harmonious and golden relationship between Saul “Canelo” Alvarez and Golden Boy Promotions, DAZN and Oscar De La Hoya himself.
My, how things have changed.
It’s all over “breach of contract” and I can only guess that the once golden contract did not include or cover “COVID-19”. I’m sure you will find many contracts worldwide will have been changed in light of the horrendous, current and ongoing circumstances.
In short, the money just isn’t there now. No live gate equals lower purses and I think it will be like this for a while.
Without delving deep into the obvious lack of money at hand, Canelo has thrown his dolly hard and far in-light of all going on. The initial court filing was stopped by the court after Canelo’s legal team made a blunder with “incorrect designations of the defendants.” They were given time to resolve all but alas, to no avail.
So, with the legal papers corrected, it’s now round two in court.
With the current lock-down in place in California, look for this battle to be slow and go the distance. With potentially $280 million at stake, don’t expect the aforementioned trio to roll over on their back and give in to the Canelo legal team’s demands.
With the reports of Oscar De La Hoya coming out of retirement at 47, the sight of ODLH vs Canelo makes my giggle….or am I just fantasizing?