Canelo Alvarez fight could be in jeopardy due to purse demands

[margaret thatcher]

Pfft, paying Jesse Vargas millions per fight was obviously a brilliant move in longevity and marketing

[Enlightened-One]

[Jeff_lacy_ko]

Dazn wanted a ggg trilogy and didnt get one. They should have made the contracts contingent on that.

Its incredible to me the message board fan knows more about boxing than dazn executives.

Im 100 percent sure i could make a sustainable streaming product with some help from fans. It wouldnt be flashy with huge dollar amounts but it wouldn't be insolvent after 2 years

[Enlightened-One]

DAZN didn’t include stipulations in the contract with Canelo that provided them authority to refuse to sanction his opponents.

This was confirmed by GBP and not refuted by DAZN.

DAZN guaranteed Canelo a minimum of $365m over eleven bouts.

And after three fights, with DAZN running out of cash, to the point they’re selling branches of their company, as well as plans for a floatation to raise more than $1 billion in order to continue trading...

It now seems DAZN want to renege on their deal with Canelo.

DAZN made promises to Canelo and organisers for other sports that they can’t keep.

What’s next? Are DAZN going to break the terms of their $1 billion deal with Matchroom?

The situation is rather worrying.

I think we shouldn’t get distracted by the mere mention of Canelo’s name, because the real issue here is DAZN running out of cash, coupled with their inability to fulfil their contractual obligations.

[gregregegg]

DAZN didn’t include stipulations in the contract with Canelo that provided them authority to refuse to sanction his opponents.

This was confirmed by GBP and not refuted by DAZN.

DAZN guaranteed Canelo a minimum of $365m over eleven bouts.

And after three fights, with DAZN running out of cash, to the point they’re selling branches of their company, as well as plans for a floatation to raise more than $1 billion in order to continue trading...

It now seems DAZN want to renege on their deal with Canelo.

DAZN made promises to Canelo and organisers for other sports that they can’t keep.

What’s next? Are DAZN going to break the terms of their $1 billion deal with Matchroom?

The situation is rather worrying.

I think we shouldn’t get distracted by the mere mention of Canelo’s name, because the real issue here is DAZN running out of cash, coupled with their inability to fulfil their contractual obligations.

Dont know if GBP are in a position of trustworthiness confirm that. I dont know if its true or not but i would of thought every 300+million dollar contract would be detailed enough to have stipulations on opponents.... If not Canelo could fight me once a month for a year and make 365 million... seems implausible to me.
As i said i dont know the details, i dont know if those stipulations would be "board aproved", "Boss aproved" or purely of numerical ranking threshholds, but i think there would be something..

[H8Usernames]

Fighters like Canelo and promoters like ODLH are killing boxing by milking these tv stations for all that they have got. A change is needed in the way that boxing is conducted.

[Enlightened-One]

DAZN didn’t include stipulations in the contract with Canelo that provided them authority to refuse to sanction his opponents.

This was confirmed by GBP and not refuted by DAZN.

DAZN guaranteed Canelo a minimum of $365m over eleven bouts.

And after three fights, with DAZN running out of cash, to the point they’re selling branches of their company, as well as plans for a floatation to raise more than $1 billion in order to continue trading...

It now seems DAZN want to renege on their deal with Canelo.

DAZN made promises to Canelo and organisers for other sports that they can’t keep.

What’s next? Are DAZN going to break the terms of their $1 billion deal with Matchroom?

The situation is rather worrying.

I think we shouldn’t get distracted by the mere mention of Canelo’s name, because the real issue here is DAZN running out of cash, coupled with their inability to fulfil their contractual obligations.

Dont know if GBP are in a position of trustworthiness confirm that. I dont know if its true or not but i would of thought every 300+million dollar contract would be detailed enough to have stipulations on opponents.... If not Canelo could fight me once a month for a year and make 365 million... seems implausible to me.
As i said i dont know the details, i dont know if those stipulations would be "board aproved", "Boss aproved" or purely of numerical ranking threshholds, but i think there would be something..

I don’t know what to say. I guess it’s up to you whether you believe Oscar De La Hoya or not.

What we do know is that the media regularly speaks to the head honchos at DAZN and GBP’s claims haven’t been refuted.

According to the Mike Coppinger tweet above, DAZN are apparently disappointed about Golden Boy failing to fulfil “its contractual obligation to deliver one premier Canelo Alvarez event per year”.

This wouldn’t have happened if DAZN had the legal right to refuse to sanction his bouts.

And to be fair, DAZN are wrong, because I feel Canelo’s bouts against Jacobs and Kovalev were both “premier” in nature.

The only fight bigger than those would be a third bout against GGG, but the Kazakh, by his own admission doesn’t want to face Canelo straight away. Instead he wants to fight Kamil Szeremeta.

And let’s not forget that GGG also has a multi-fight $100m deal with DAZN.

If Jacobs and Kovalev weren't good enough for DAZN, what's Canelo supposed to do? Face GGG once per year until his DAZN contract is complete?

I feel that GBP will make another attempt to orchestrate bouts between Canelo and Smith or Saunders, but if both Brits reject the fight (assuming legitimate offers were made), then surely DAZN doesn’t have any legal right to force the Mexican to take a 50% pay cut.

[Enlightened-One]

No disrespect to Callum Smith or Billy Joe Saunders, but they aren’t big enough names to justify the labelling of their potential fight against Canelo as being a “premier event”.

[gregregegg]

DAZN didn’t include stipulations in the contract with Canelo that provided them authority to refuse to sanction his opponents.

This was confirmed by GBP and not refuted by DAZN.

DAZN guaranteed Canelo a minimum of $365m over eleven bouts.

And after three fights, with DAZN running out of cash, to the point they’re selling branches of their company, as well as plans for a floatation to raise more than $1 billion in order to continue trading...

It now seems DAZN want to renege on their deal with Canelo.

DAZN made promises to Canelo and organisers for other sports that they can’t keep.

What’s next? Are DAZN going to break the terms of their $1 billion deal with Matchroom?

The situation is rather worrying.

I think we shouldn’t get distracted by the mere mention of Canelo’s name, because the real issue here is DAZN running out of cash, coupled with their inability to fulfil their contractual obligations.

Dont know if GBP are in a position of trustworthiness confirm that. I dont know if its true or not but i would of thought every 300+million dollar contract would be detailed enough to have stipulations on opponents.... If not Canelo could fight me once a month for a year and make 365 million... seems implausible to me.
As i said i dont know the details, i dont know if those stipulations would be "board aproved", "Boss aproved" or purely of numerical ranking threshholds, but i think there would be something..

I don’t know what to say. I guess it’s up to you whether you believe Oscar De La Hoya or not.

What we do know is that the media regularly speaks to the head honchos at DAZN and GBP’s claims haven’t been refuted.

According to the Mike Coppinger tweet above, DAZN are apparently disappointed about Golden Boy failing to fulfil “its contractual obligation to deliver one premier Canelo Alvarez event per year”.

This wouldn’t have happened if DAZN had the legal right to refuse to sanction his bouts.

And to be fair, DAZN are wrong, because I feel Canelo’s bouts against Jacobs and Kovalev were both “premier” in nature.

The only fight bigger than those would be a third bout against GGG, but the Kazakh, by his own admission doesn’t want to face Canelo straight away. Instead he wants to fight Kamil Szeremeta.

And let’s not forget that GGG also has a multi-fight $100m deal with DAZN.

If Jacobs and Kovalev weren't good enough for DAZN, what's Canelo supposed to do? Face GGG once per year until his DAZN contract is complete?

I feel that GBP will make another attempt to orchestrate bouts between Canelo and Smith or Saunders, but if both Brits reject the fight (assuming legitimate offers were made), then surely DAZN doesn’t have any legal right to force the Mexican to take a 50% pay cut.

I will never believe a promoter just because they said something. Oscar said they dont have to approve, Eddie said they do. As for witch of them i trust more.... I like them, But they are slimey salesment right up there at Dana white levle, Very capable of lying.

Was there ever a claim that Jacobs and Kov wernt good enough? IF so that is ridiculous they were clearly great opponents. Iv only heard this "DAZN can refuse" narrative in relation to the rumoured Avni Yildirim fight. And i Agree with refusing to pay canelo 35 million for that fight (if its in there contract that they can)...

[Enlightened-One]

Was there ever a claim that Jacobs and Kov wernt good enough? IF so that is ridiculous they were clearly great opponents. Iv only heard this "DAZN can refuse" narrative in relation to the rumoured Avni Yildirim fight. And i Agree with refusing to pay canelo 35 million for that fight (if its in there contract that they can)...

Mike Coppinger stated the following:

• DAZN feel “that Golden Boy hasn’t lived up to its contractual obligation to deliver one premier Canelo Alvarez event per year”

• “Yildirim was never presented to DAZN as an option. WBC nonsense”

Canelo’s last three bouts against Fielding, Jacobs and Kovalev were all covered by DAZN. And in my humble opinion, I suspect fight fans only disliked one of those opponents.

And like I said before, if Jacobs and Kovalev weren't good enough for DAZN, what's Canelo supposed to do? Face GGG once per year until his DAZN contract is complete?

[Boxing Prospect]

$35m, at $20 a pop, is 1.75m subscribers (using the monthly deal for the US)...how the fornicate did they ever expect to recoup that cost and break even? Typically boxing fans are older, they aren't tech savvy, and the younger ones, who are, know how to stream.

To me their competition ISN'T premium TV channels (HBO, Showtime. WOWOW etc) but is instead Netflix, Amazon Prime and Hulu, streaming services.

Bizarre model that needed a league behind it (like they do in other territories) and not a twice a year event, to get people on to the annual payment model. Even before Covid a model based on boxing seemed like it was bound to collapse sooner or later.

Yes, for fans it is much, much, much better than a PPV model. By far. But from a business sense, the break even point, one just the one contract, seems...impossible to hit. Yes boxing COULD hit big PPV's in the right conditions, but that's dwindled, the sport has cannibalised it's market, failed to produce bankable stars and will almost certainly need a reset.

I hope DAZN doesn't go out of business, but I hope this is a massive learning experience and a wake up call to the executives (see also - Quibi), throwing a shit tonne of money at something, by it's self doesn't work. You need to think the long game. How will contracts translate to profits? How is this workable? Is the number needed really achievable?


*Yes we need to remember not all countries are paying the same (i.e Japanese customers are paying 1750Yen - $16.46, and I think in Germany it was around €11.99 - $14), but lets use that $20 as a jumping off point. And from what I understand other territories are profit making whilst the US isn't.

[gregregegg]

Was there ever a claim that Jacobs and Kov wernt good enough? IF so that is ridiculous they were clearly great opponents. Iv only heard this "DAZN can refuse" narrative in relation to the rumoured Avni Yildirim fight. And i Agree with refusing to pay canelo 35 million for that fight (if its in there contract that they can)...

Mike Coppinger stated the following:

• DAZN feel “that Golden Boy hasn’t lived up to its contractual obligation to deliver one premier Canelo Alvarez event per year”

• “Yildirim was never presented to DAZN as an option. WBC nonsense”

Canelo’s last three bouts against Fielding, Jacobs and Kovalev were all covered by DAZN. And in my humble opinion, I suspect fight fans only disliked one of those opponents.

And like I said before, if Jacobs and Kovalev weren't good enough for DAZN, what's Canelo supposed to do? Face GGG once per year until his DAZN contract is complete?

Yea look interesting one. I dont think DAZN is claiming jacobs or kov isnt Good enough. they might but i doubt that. i think there more talking about the fact that its going to of been more than a year between canelo fights. however how they have worded it id still give canelo till NYE to deliver a premier opponent for the year.

[Enlightened-One]

Was there ever a claim that Jacobs and Kov wernt good enough? IF so that is ridiculous they were clearly great opponents. Iv only heard this "DAZN can refuse" narrative in relation to the rumoured Avni Yildirim fight. And i Agree with refusing to pay canelo 35 million for that fight (if its in there contract that they can)...

Mike Coppinger stated the following:

• DAZN feel “that Golden Boy hasn’t lived up to its contractual obligation to deliver one premier Canelo Alvarez event per year”

• “Yildirim was never presented to DAZN as an option. WBC nonsense”

Canelo’s last three bouts against Fielding, Jacobs and Kovalev were all covered by DAZN. And in my humble opinion, I suspect fight fans only disliked one of those opponents.

And like I said before, if Jacobs and Kovalev weren't good enough for DAZN, what's Canelo supposed to do? Face GGG once per year until his DAZN contract is complete?

Yea look interesting one. I dont think DAZN is claiming jacobs or kov isnt Good enough. they might but i doubt that. i think there more talking about the fact that its going to of been more than a year between canelo fights. however how they have worded it id still give canelo till NYE to deliver a premier opponent for the year.

Out of interest though, do you consider Callum Smith or Billy Joe Saunders as “premier” level opponents?

They’re both decent fighters, but I personally don’t feel as though they’re global names.

Apart from a small minority of hardcore boxing aficionados, do people outside the UK even know who these guys are?

I guess the point I’m alluding to is... what determines whether a fighter is deemed as being a “premier” Canelo opponent or not? I don’t really know what that term means. And it seems very subjective in nature.

[gregregegg]

Mike Coppinger stated the following:

• DAZN feel “that Golden Boy hasn’t lived up to its contractual obligation to deliver one premier Canelo Alvarez event per year”

• “Yildirim was never presented to DAZN as an option. WBC nonsense”

Canelo’s last three bouts against Fielding, Jacobs and Kovalev were all covered by DAZN. And in my humble opinion, I suspect fight fans only disliked one of those opponents.

And like I said before, if Jacobs and Kovalev weren't good enough for DAZN, what's Canelo supposed to do? Face GGG once per year until his DAZN contract is complete?

Yea look interesting one. I dont think DAZN is claiming jacobs or kov isnt Good enough. they might but i doubt that. i think there more talking about the fact that its going to of been more than a year between canelo fights. however how they have worded it id still give canelo till NYE to deliver a premier opponent for the year.

Out of interest though, do you consider Callum Smith or Billy Joe Saunders as “premier” level opponents?

They’re both decent fighters, but I personally don’t feel as though they’re global names.

Apart from a small minority of hardcore boxing aficionados, do people outside the UK even know who these guys are?

I guess the point I’m alluding to is... what determines whether a fighter is deemed as being a “premier” Canelo opponent or not? I don’t really know what that term means. And it seems very subjective in nature.

Yea I would defiantly consider them premium and they should count. It is tricky though cause 90% of there following is in a country without dazn but both can be sold as live fights without a known outcome so should atoll do good numbers in the states. geeze I hope they are allowable opponents, they are 2 of the top 5 super middles in the world....

[jamesmcdonnell]

Mike Coppinger stated the following:

• DAZN feel “that Golden Boy hasn’t lived up to its contractual obligation to deliver one premier Canelo Alvarez event per year”

• “Yildirim was never presented to DAZN as an option. WBC nonsense”

Canelo’s last three bouts against Fielding, Jacobs and Kovalev were all covered by DAZN. And in my humble opinion, I suspect fight fans only disliked one of those opponents.

And like I said before, if Jacobs and Kovalev weren't good enough for DAZN, what's Canelo supposed to do? Face GGG once per year until his DAZN contract is complete?

Yea look interesting one. I dont think DAZN is claiming jacobs or kov isnt Good enough. they might but i doubt that. i think there more talking about the fact that its going to of been more than a year between canelo fights. however how they have worded it id still give canelo till NYE to deliver a premier opponent for the year.

Out of interest though, do you consider Callum Smith or Billy Joe Saunders as “premier” level opponents?

They’re both decent fighters, but I personally don’t feel as though they’re global names.

Apart from a small minority of hardcore boxing aficionados, do people outside the UK even know who these guys are?

I guess the point I’m alluding to is... what determines whether a fighter is deemed as being a “premier” Canelo opponent or not? I don’t really know what that term means. And it seems very subjective in nature.

Neither fighter brings money to the table, neither are box office. That's what really counts.

[Ruthless-RKO]

Yea look interesting one. I dont think DAZN is claiming jacobs or kov isnt Good enough. they might but i doubt that. i think there more talking about the fact that its going to of been more than a year between canelo fights. however how they have worded it id still give canelo till NYE to deliver a premier opponent for the year.

Out of interest though, do you consider Callum Smith or Billy Joe Saunders as “premier” level opponents?

They’re both decent fighters, but I personally don’t feel as though they’re global names.

Apart from a small minority of hardcore boxing aficionados, do people outside the UK even know who these guys are?

I guess the point I’m alluding to is... what determines whether a fighter is deemed as being a “premier” Canelo opponent or not? I don’t really know what that term means. And it seems very subjective in nature.

Neither fighter brings money to the table, neither are box office. That's what really counts.

Neither was Daniel Jacob's, he just bought a belt with him.. But he was classed as a high-rated middleweight.

Just like Smith and Saunders are top 5 in the SMW.

[margaret thatcher]

Canelo ducking Luis Ortiz!!!

[Enlightened-One]

Canelo ducking Luis Ortiz!!!

[Jeff_lacy_ko]

Personally I would pay 20 to watch callum smith. I wont pay a nickel to watch yildrim