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China Daily / 2020-09 / 16 / Page020

Historic Canelo contract mired in legal limbo

By Murray Greig | China Daily | Updated: 2020-09-16 00:00

Less than two years after signing the richest multi-fight deal in boxing history, Saul "Canelo" Alvarez wants out of it-but he's going to have to wait.

The four-division world champion, universally recognized as the current pound-for-pound king, filed a lawsuit in Los Angeles on Sept 11, citing breach of contract by streaming giant DAZN, Golden Boy Promotions and its CEO, Oscar De La Hoya.

Alvarez (53-1-2, 36 KOs) signed a $365-million deal with Golden Boy and DAZN in 2018, covering 11 fights at $33.1 million per outing against "premium" opponents selected by the network and promoter. But as of now, the 30-year-old Mexican has fought just three times, beating Rocky Fielding, Daniel Jacobs and, most recently, WBO light heavyweight champ Sergey Kovalev last November.

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