Odds Continue To Lower For A Canelo-Kovalev Fight
Bob Arum cautioned anyone who is looking forward to Canelo Alvarez moving up to light heavyweight on September 14th, that it won’t be against Sergey Kovalev.
Kovalev, who has a co-promotional agreement with Top Rank, will most likely finalize a deal to fight Anthony Yarde in Kovalev’s home country of Russia on August 24th, dropping a potential opponent for the current unified middleweight champion’s wishlist.
“Canelo wants to fight Kovalev for another title, and it’s a good fight,” Arum said. “DAZN were talking to Golden Boy, the promoter of Canelo. They were expecting a Golovkin fight. Canelo won’t fight Golovkin. So now, at this late date, they have come to us [with] the possibility of a Kovalev-Canelo fight happening. The problem is, the Kovalev people have an offer outstanding for the fight in Russia against Yarde. And our understanding with [Yarde promoter] Frank [Warren], which we reached before the Tyson Fury fight [June 15] in Las Vegas, and Kathy [Duva, Kovalev’s promoter], is if Yarde was asked to step aside, Frank and Yarde would get a substantial payment, and they agreed to that.
“But everything is coming really too close, so my feeling is I believe Yarde and Kovalev will proceed sometime in August in Russia. And if Kovalev wins that fight, a fight with Canelo can take place in the winter of this year. I don’t think it’s possible to put it together for September 14th.”
A deal is already in place for Kovalev to fight in his hometown of Chelyabinsk against Yarde for the WBO light heavyweight crown, but there is a slim chance Kovalev and his team will decide to take on Alvarez, and forcing Kovalev to give up a hefty step-aside fee.
“It was agreed if it came to pass,” Arum said. “Yarde, I think, would much prefer going directly into the Kovalev fight. So, I think, again, rather than go into the details of the step-aside [deal], I don’t think that’s gonna happen. And Yarde and Frank are satisfied with the contract for the fight to be held in Russia on the 24th of August.”
Report: Boxing Scene