Tom Brown Said Canelo Alvarez Is Getting ‘Huge Paydays With The Least Risk’
Canelo Alvarez is preparing to take on WBA light heavyweight champion Dmitry Bivol on Saturday, but TGB Promotion’s Tom Brown revealed how things could have been different.
Brown detailed the PBC offer to Boxing Scene that Alvarez declined. The deal included a $45 million guarantee to fight Jermall Charlo on Saturday night and, if he won, then a $55 million guarantee to fight either Errol Spence Jr at 164 pounds or David Benavidez at 168, which would have all been for Alvarez’s IBF, WBA, WBC and WBO super middleweight titles.
Instead, Alvarez opted for a Matchroom Boxing’s offer, which includes a fight with Bivol on Saturday in Las Vegas for Bivol’s light heavyweight belt and then, if he wins, a trilogy fight with 40-year-old Gennadiy Golovkin.
Alvarez is believed to be getting paid comparable to what he would’ve totaled for the PBC deal, according to Boxing Scene.
Brown said he thinks Alvarez’s trainer, Eddy Reynoso, advised him to go the Matchroom Boxing route.
“Props to Eddy Reynoso, the ‘Manager of the Year,’ for getting Canelo these huge paydays with the least risk,” Brown said.
“He had him take the least risk for the most reward. Because he had a chance to fight a reigning world champion at 160 pounds in Charlo and he also had a chance to fight an undefeated, two-time former 168-pound champion in Benavidez. Or he could’ve fought the reigning welterweight champion. It was a $100 million deal.”
Alvarez is coming off a TKO win over Caleb Plant in November.
Not too long after the win, Alvarez was reportedly planning to jump up two weight classes to challenge cruiserweight champion Ilunga Makabu, which the boxer later revealed was Reynoso’s idea.
But then those plans dissolved as news broke that Alvarez was looking for a fight on the weekend of Cinco De Mayo. That’s when PBC and Matchroom made their offers.
Despite the critics, Alvarez previously stated that he isn’t avoiding anyone.
“This always happens,” Alvarez previously said.
“But I beat the best champion at 168. Then they say, ‘he’s scared of him’ or ‘he’s scared of that guy.’ I am not scared about anything. I don’t avoid anybody.
“But what does that guy (Benavidez) bring to me? Nothing. Nothing. Mention a champion they (Benavidez and Charlo) fight before. How many? I really don’t care. Haters are always going to be haters.”