De La Hoya Lowballed Kovalev
Last week Canelo Alvarez was rumored to want a move up to 175 pounds and fight WBO light heavyweight champion Sergey Kovalev.
Per a report from Boxing Scene, Golden Boy may good on that rumor, offering what is considered to be an “unacceptable” offer for a fight on September 14th in Las Vegas.
The offer is reported to be less than half of the $12.5 million guarantee that Daniel Jacobs made in a losing effort to Alvarez on May 4th in Las Vegas.
Kovalev is also finalizing a deal with Anthony Yarde to defend the WBO title, and it is only 10 weeks from Canelo’s scheduled return on Mexican Independence Day weekend, which may lead to Golden Boy to make a deal with Gennadiy Golovkin for a third fight between the two popular boxers.
DAZN executive chairman John Skipper is alleged to be fine with only Golovkin or Kovalev as options, as long as GGG and Canelo get into the ring one more time against one another.
Yet, Kovalev and Yarde are agreed to fight on August 24th in Kovalev’s hometown of Chelyabinsk, airing on ESPN+, due to Kovalev signing a co-promotional agreement with Top Rank and ESPN.
Kovalev will need more than the alleged offer to fight Avlarez, to give Yarde and his promoter Frank Warren a “step-aside” fee, especially with Yarde set to make a guaranteed seven-figures for the fight.
Also, Main Events, Kovalev’s lead promoter, would need to pay part of Kovalev’s pay package top Top Rank due to their co-promotional relationship.
Initial Report: Boxing Scene