Oscar De La Hoya has chimed in on the situation between Canelo Alvarez and DAZN.
A report from The Athletic made rounds in the world of boxing. The issue brought to light was that DAZN is reportedly unwilling to pay Canelo a $35 million guarantee. Canelo then filed a lawsuit against DAZN, Golden Boy Promotions, and De La Hoya.
Just a couple of hours before learning that the suit had been filed, De La Hoya was on Canelo’s side in the disgruntlement with DAZN. Here’s what he told Boxing Scene.
“In my mind, Canelo is willing to fight anyone, obviously, the way he’s proved it many times in his career. He’s willing to fight Billy Joe Saunders; he’s willing to fight Callum Smith. My frustration is DAZN. My frustration is the obligation that DAZN has to its fans and to Canelo. Another frustration is DAZN’s obligation to live up to a contract that they signed. That’s a huge frustration. That’s a huge deal-breaker for us. That’s where the frustration is. How can you fight a top-level opponent like Callum Smith, an elite opponent like Callum Smith and Billy Joe Saunders, and then have DAZN not live by their contract? It doesn’t make sense to me and that’s where the frustration is.”
Canelo signed a deal with DAZN for 11 fights worth a minimum of $365 million. It has been reported that senior executives at the sports streaming platform haven’t been happy with the lack of top-drawing fights from Canelo. In particular, a trilogy fight with Gennadiy Golovkin has not materialized. It’s been said that Canelo isn’t forced to fight Golovkin a third time per the contract.
In a statement regarding the lawsuit, Canelo said that DAZN and his promoter, Golden Boy, have failed to hold up their end of the deal and he no longer wishes to sit around.