BoxRec

according to Lance Pugmire from the LA Times, cotto has paid the $800,000 dollars owed to golovkin for the step aside fee to fight canelo, im waiting to hear how much it has cost canelo to have his voluntary first and avoig GGG

That tweet is from 2 days ago and NO ONE, not even Pugmire has verified it since.

Glad it makes YOU rest easier tho, fanboy.

pretty smart move from ggg´s camp imo. take some cash and at the same time fatten the calf before bringen it to the slaugther. when ggg is done with him, then what ?
imo ggg should just let canelo fight one more time. take the last big belt to prove his point and then move on/up. But it is a chance to wait though. there is no garantee that canelo will fight him next spring/summer. i fear he might not, and leave golovkin with another "claim the vacant title" against someone willing to risk his health for a few bucks. it just aint good for the sport.

Butterbean wrote:pretty smart move from ggg´s camp imo. take some cash and at the same time fatten the calf before bringen it to the slaugther. when ggg is done with him, then what ?
imo ggg should just let canelo fight one more time. take the last big belt to prove his point and then move on/up. But it is a chance to wait though. there is no garantee that canelo will fight him next spring/summer. i fear he might not, and leave golovkin with another "claim the vacant title" against someone willing to risk his health for a few bucks. it just aint good for the sport.

the agreement is that canelo will get his cinco de mayo ppv card and then they have
15 days after that to work out their september matchup. that means if lee gets
past saunders, GGG will fight lee and maybe someone else before facing canelo
in september. GGG would not step aside without being given some kind of
assurance contractually from canelo that the september fight is on and not
at some stupid catchweight, and GGG will get a piece of the cinco de mayo ppv.
despite what one person is claiming on here, the wbc did not allow cotto or
canelo to sidestep GGG without GGG's agreement and GGG didn't step aside
for no reason. if he was going to take the vacant wbc title, he would just do
it now. the only reason he is going along with this is that if lee gets by saunders
saturday, lee will probably be asked about GGG immediately after the fight,
with GGG ringside, and GGG's chance to lock in the wbo will begin, with canelo
and the WBC locked in for later.

so is there anything that can prevent golovkin from grapping the big belts within a year ?
from what ive seen, theres very little chance that any fighters can threaten him at all. not even lee or canelo.
canelo looks strong and it looks like he can eat a lot of hits to the body. i just dont see him avoiding getting hit hard by ggg. he looks slower than ggg and his evasive skills doesnt do him any favors either imo. i compare him a bit to lemiuex. but maybe the floyd fight cheats me. floyds speed and movement made most look amateurish.
it doesnt seem he packs that much one punch power either.
so all in all i dont understand all the hype about this. is lee and canelo really that much better than any of golovkins last 15 opponents or so ?

Seems some people are prepared to go to great lengths to avoid fighting GGG. Including parting with serious amounts of money.

If Canelo offers step aside money he forfeits the right to describe himself as Mexican.

No indication that Canelo has offered step aside money.

And no verification from Cotto that he has paid the 800k.

And for the record, if Cotto did pay it wasn't about avoiding lil g, it was about the huge jackpot a Canelo fight represented.

Ain't no math in the world says you don't pay 800k to get back 15 to 30 million.

Cotto flatly refused to fight GGG, the 800k was to break a contract, canelo had to break his contract, do you really think GGG will let him do that for free, especially after what cotto tried to do, l don't think so, not everyone has limited brain cells like yourself

Pureist wrote:Cotto flatly refused to fight GGG, the 800k was to break a contract, canelo had to break his contract, do you really think GGG will let him do that for free, especially after what cotto tried to do, l don't think so, not everyone has limited brain cells like yourself

The 800k was in order to take a jackpot fight instead of the mandatory title defense.

With no title to defend anymore, I can see where it would be decided not to pay it.

That is exactly what Pugmire reported in a newspaper article that went thru an editor and whose sources were verified.

Tweets don't get vetted.

And all it takes to avoid getting sued for one is another tweet saying "my bad".

But, you have lil g fans so desperately grasping at straws that they are willing to take unverified gossip as gospel truth.

To each his own...

koolkc107 wrote:

Pureist wrote:Cotto flatly refused to fight GGG, the 800k was to break a contract, canelo had to break his contract, do you really think GGG will let him do that for free, especially after what cotto tried to do, l don't think so, not everyone has limited brain cells like yourself

The 800k was in order to take a jackpot fight instead of the mandatory title defense.

With no title to defend anymore, I can see where it would be decided not to pay it.

That is exactly what Pugmire reported in a newspaper article that went thru an editor and whose sources were verified.

Tweets don't get vetted.

And all it takes to avoid getting sued for one is another tweet saying "my bad".

But, you have lil g fans so desperately grasping at straws that they are willing to take unverified gossip as gospel truth.

To each his own...

What was to stop him from fighting GGG and then fighting canelo? With a win over GGG he would have had even more bargaining power when negotiating the canelo fight. Plus he would have had $800k in his pocket and a great win under his belt.

The reason is because he knows he would have got his ass handed to him.

jockpunk wrote:

koolkc107 wrote:

Pureist wrote:Cotto flatly refused to fight GGG, the 800k was to break a contract, canelo had to break his contract, do you really think GGG will let him do that for free, especially after what cotto tried to do, l don't think so, not everyone has limited brain cells like yourself

The 800k was in order to take a jackpot fight instead of the mandatory title defense.

With no title to defend anymore, I can see where it would be decided not to pay it.

That is exactly what Pugmire reported in a newspaper article that went thru an editor and whose sources were verified.

Tweets don't get vetted.

And all it takes to avoid getting sued for one is another tweet saying "my bad".

But, you have lil g fans so desperately grasping at straws that they are willing to take unverified gossip as gospel truth.

To each his own...

What was to stop him from fighting GGG and then fighting canelo? With a win over GGG he would have had even more bargaining power when negotiating the canelo fight. Plus he would have had $800k in his pocket and a great win under his belt.

The reason is because he knows he would have got his ass handed to him.

Well, obviously.

koolkc107 wrote: The 800k was in order to take a jackpot fight instead of the mandatory title defense.

With no title to defend anymore, I can see where it would be decided not to pay it.

there wouldn't have been a canelo fight without the belt that GGG was mandatory
for. otherwise they would have contracted to fight each other without the belt.
the belt made the fight, and cotto was stripped a few days before the fight
and long after agreeing to pay GGG. the contract was with GGG, so really
the belt had no bearing at that point on GGG getting paid. GGG did not step aside
for free. you have now made two rationalizations:
1) cotto paid because he is a humanitarian (in your thread)
2) cotto paid because it made business sense

if it was such a great deal for cotto to pay the step aside fee, that means GGG gave
him a good deal (contractually locking the winner of the title to defend it against
GGG and pay him to step aside). this would then by definition make GGG the humanitarian
of the group, for giving the other two such a great deal and the opportunity to earn
a big payday before facing the mandatory. GGG is not only a humanitarian but also
a decent businessman, as he got lemieux's ibf in the meantime for another $2mil+
and locking in canelo, who appears to be paying another fee to GGG who will probably
add lee's wbo for another $2mil+ before earning $10mil for finally taking the WBC
from canelo. GGG is not only financially smart and tactically smart, but also a humanitarian
and the best in the division. cotto? just cashing in while he could because he knew he
didn't belong.

^^^^^^^^^^^

sucracristo wrote:

koolkc107 wrote: The 800k was in order to take a jackpot fight instead of the mandatory title defense.

With no title to defend anymore, I can see where it would be decided not to pay it.

there wouldn't have been a canelo fight without the belt that GGG was mandatory
for. otherwise they would have contracted to fight each other without the belt.
the belt made the fight, and cotto was stripped a few days before the fight
and long after agreeing to pay GGG. the contract was with GGG, so really
the belt had no bearing at that point on GGG getting paid. GGG did not step aside
for free. you have now made two rationalizations:
1) cotto paid because he is a humanitarian (in your thread)
2) cotto paid because it made business sense

if it was such a great deal for cotto to pay the step aside fee, that means GGG gave
him a good deal (contractually locking the winner of the title to defend it against
GGG and pay him to step aside). this would then by definition make GGG the humanitarian
of the group, for giving the other two such a great deal and the opportunity to earn
a big payday before facing the mandatory. GGG is not only a humanitarian but also
a decent businessman, as he got lemieux's ibf in the meantime for another $2mil+
and locking in canelo, who appears to be paying another fee to GGG who will probably
add lee's wbo for another $2mil+ before earning $10mil for finally taking the WBC
from canelo. GGG is not only financially smart and tactically smart, but also a humanitarian
and the best in the division. cotto? just cashing in while he could because he knew he
didn't belong.

I was going to write something really insulting, but I realized you just can't help it.

To say that Canelo and Cotto would not have fought without the belt or that Golovkin
as a mandatory had anything to do with this fight taking place when it did is narrow minded
and beyond belief.

It is like folks don't remember that Canelo and Cotto were negotiating in late 2014 to fight May 2015,
a date that ultimately fell through, but which was well before the WBC mandated that Golovkin get a shot
at the winner of the fight that was done instead, Cotto vs Geale.

The other thing here is that we still only have a tweet saying anything was paid. Until we
get a news story saying Cotto indeed paid the 800K, all we can do is speculate about reasons it may have been
paid if the tweet turns out to be true. And any opinion is as good as another, I guess, tho some a lot more credible.

But more important, we have absolutely not one shred of evidence that anything was paid by Canelo to lil g. His "payment"
is most likely Canelo agreeing to actually give him a shot at big money eventually, instead of throwing the belt in the trash.
If someone has any indication of proof to the contrary, feel free to post it- but my guess is we will be waiting for that quite a while.

I guess folks can't help getting carried away, but the bolded above is absurd.

1) What do you base Canelo "appearing to pay lil g a fee" on? Your fanboy dreams? There is NO INDICATION anything was paid.
2) Who's going to pay lil g another 2 million after the debacle of the Lemieux fight? No, Golovkin's next fight will be on regular
HBO for a lot less than that.
3) Where do you get Golovkin getting 10 million from a Cenelo fight from? ARE YOU NUTS? Canelo just fought for 5 million
against Cotto as the B-side. You think he is going to pay lil g 10 million to be HIS B-side?
Golovkin will be fortunate to get 3 to 4 million, 5 at the most- and no cut of the PPV upside is my guess.

That is assuming he gets the fight at all. Canelo really doesn't need Golovkin to make boatloads now.
And while I have no doubt Saul is not afraid of fighting Gennady, I bet Oscar is as afraid of risking his one
cash cow against lil g as Loeffler is afraid of risking his cash cow against a guy like Lara.

It really isnt about whether or not they think Canelo can win- it is about them knowing that they have plenty of
easier and satisfying paydays without the risk Golovkin presents.

So, you guys can keep imagining step aside money that doesn't exist or that this guy is scared of that guy.

I been telling you what is happening and I will continue to call my shots.

And I will continue to be much more right than wrong.

No apologies if it messes up your fantasies.

You seem upset kooli, if you can't understand that to break the contract it will cost him then there really is No hope for you, sorry but that is the painful truth

Pureist wrote:You seem upset kooli, if you can't understand that to break the contract it will cost him then there really is No hope for you, sorry but that is the painful truth

Upset about you folks grasping at straws?

Nope.

Upset about being 100% right about the WBC allowing Canelo to do as he pleases?

Not hardly.

I am not the one here so confused at what just happened that I am reporting imaginary step aside fees allegedly paid by Alvarez or talking about contracts that never existed and do not, in fact, exist now.

That's you and a few other poor misguided fools.

Can't wait to see how you all will spin what happens next.

Just don't say nobody warned you...