Middleweight World Champion Saul “Canelo” Alvarez (52-1-2, 36KO👊) and Golden Boy Promotions have officially disbanded their partnership. After growing riff consistent of control issues, personal relationships going awry with Mr. Alvarez and 🕴️Oscar De La Hoya, and realization setting in that it was impossible to honor the 11 fight – $365 million contract that Canelo signed, he and his team will now explore all of their other options on the big table.
WHERE DO ALL PARTIES GO FROM HERE?
With pending lawsuits and litigations piling up, one could have made a declaration some time ago that the only viable option to rectify the situation was for them to break the business partnership to rid of the stagnant terms, and today was the day where all of that tangibly manifested.
Golden Boy officially loses their big cash cow, so now they can focus their full attention on flourishing young top rising talent in 🇺🇸Ryan Garcia, 🇺🇸Vergil Ortiz, and 🇺🇸Joseph Diaz. Now as for Canelo, he is in a unique spot, with the type of starpower that will be sought after by all major promotional companies, and may look into the prospects of going the self-Promoter route, as his drawing power oversees any true needs to depend on and split revenue with outside promotional ties.
“All this time we have been working very hard in the gym with a lot of responsibility and discipline, to be in great physical shape and ready to fight this year and it will be!” – Eddy Reynoso, Canelo’s Head-Trainer in a statement, breaking the news.
CANELO ALVAREZ AND HIS TEAM LOOKING FORWARD TOWARDS TOP OPPOSITION
Interestingly enough, the very day in which Canelo Alvarez had severed the final strings of his previous deal, there is word out that there are talks underway for a potential December 19th fight against unbeaten elite IBF Super-Middleweight World Titlist 🇺🇸Caleb “Sweethands” Plant (20-0-0, 12KO👊).
As known, while Canelo currently reigns as Middleweight Champion of the World, he has been more integrated at Super-Middleweight in recent years, even fighting a one-off in a stint at Light-Heavyweight to take 🇷🇺Sergey Kovalev’s strap, so the likelihood of Canelo venturing down to 160 at this point in time seems unlikely. A potential scrap with Plant is certainly one that will galvanize interest in most sectors.