Are Canelo Alvarez and DAZN any closer to a resolution?
Canelo and DAZN have been at odds over pay. Boxing’s top star has gone as far as to sue DAZN, Golden Boy Promotions, and Oscar De La Hoya. A court in California dismissed the case as there was an error on the part of Canelo’s attorneys with how the defendants were designated. Canelo has until September 28 to amend the claim and file again.
It’s clear that DAZN and Golden Boy want to avoid a legal battle. Mike Coppinger of The Athletic is reporting that Canelo, DAZN Chief Operating Officer Ed McCarthy, De La Hoya, and Eric Gomez had a 10-hour mediation session. The report notes that the demeanor between all parties during this session was “calm.”
The point of contention has been with a $35 million guarantee. DAZN insists that they are in the right to halt that offer as Canelo hasn’t fought who they consider being “premium” opponents as agreed upon. During the mediation, DAZN reportedly offered Canelo up to $20 million per fight with upside contingent on the number of subscribers the event draws. Canelo is said to be mulling the offer as he could make even more than the initial $35 million guaranteed if he fought Gennadiy Golovkin a third time.
Canelo hasn’t competed since November 2, 2019. He defeated Sergey Kovalev via knockout in the 11th round to capture the WBO Light-Heavyweight Title. The WBC has approved a vacant Super-Middleweight Title fight between Canelo and Avni Yildirim but it isn’t clear if that bout will come to fruition.