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Oscar De La Hoya could also be effectively on his technique to placing the Canelo Alvarez fiasco behind him, however one factor he says he nonetheless can’t wrap his head round is that his former ace shopper supposedly left him for much less cash.
The pinnacle of Golden Boy Promotions and former six-division world champion was not too long ago requested on The three Knockdown Rule podcast if he may ever recover from shedding Alvarez, the WBC, WBO, WBA tremendous middleweight champion and the largest boxing star in North America. After years of cozy co-existence, their relationship had lastly reached an unsalvageable stage.
“I can recover from it,” De La Hoya mentioned. It’s enterprise. Enterprise is enterprise. The one factor that type of like disturbs me a bit is that we had every part teed up for him. He was making extra money with us than what he’s now, with a distinct promoter. It simply doesn’t make sense.”
Alvarez (56-1-2, 38 KOs) and De La Hoya agreed to half methods final 12 months, after Alvarez sued his longtime promoter – and broadcaster DAZN – for breach of contract. One of many central tenets of Alvarez’s lawsuit was that he was not being paid what he was owed contractually by Golden Boy/DAZN. Alvarez, a free agent, is now engaged on a fight-to-fight-basis with Matchroom promoter Eddie Hearn, who works completely with DAZN.
Eric Gomez, the president of Golden Boy, was additionally available with De La Hoya throughout The three Knockdown Rule. Addressing issues that Golden Boy had one foot out the door, on the heels of shedding their money cow, Gomez pointed to the corporate’s observe report of growing superstars.
“We’ve been counted out earlier than,” mentioned Gomez. “Individuals overlook. Canelo simply didn’t turn out to be an enormous star the way in which that he did. [Floyd] Mayweather didn’t turn out to be an enormous star [on his own]. There’s a components, too, there’s a manner, there’s a course of. We lived it. We constructed it. So there’s a manner and there’s a components and there’s a blueprint. Individuals overlook that. We’ve got the blueprint.
Unhealthy blood continues to simmer between De La Hoya and Alvarez. Not too long ago, De La Hoya critiqued Alvarez’s boxing skills on social media and threatened to knock him out in a separate video. Alvarez fired again with an expletive and a collection of emojis referencing De La Hoya’s notorious intercourse scandal.
De La Hoya, 48, is tentatively scheduled to return to the ring for the primary time in 13 years on Sept. 11 in an exhibition battle in opposition to UFC champion Vitor Belfort on Triller.
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