BoxRec

Golden Boy promotions CEO Oscar De La Hoya says champion Gennady “GGG” Golovkin might not realize how much money that was offered to him for a fight a against Golden Boy star Saul “Canelo” Alvarez. According got De La Hoya, it’s Golovkin that is running from Canelo and not the other way around. De La Hoya is referring to the eight-figure offer that Golden Boy made to Golovkin’s promoters for a fight against Canelo in September 2017. De La Hoya feels that if Golovkin isn’t concerned with money, then he’ll take the fight with Canelo.

In other news, appears that the reported $10 million flat fee offer that has been made to Golovkin from Golden Boy is not going to be increased. If Golovkin wants the fight, then he’ll need to accept that offer. If not, then Golden Boy will take Canelo in another direction towards other fighters.

De La Hoya says they’re not going to chase Golovkin any longer. Canelo is going to fight twice in early 2017, and then in September in what he hopes will be against Golovkin. If De La Hoya is serious about not wanting to pursue the Golovkin fight for Canelo any longer, then that’s going to be interesting to see. The boxing public is going to continue to apply pressure on Golden Boy and Canelo for them to make the Golovkin fight.

It might not be a good idea for Golden Boy to put Golovkin on ignore, because it could stunt Canelo’s career and hurt his pay-per-view totals, which are heading downwards. We saw how Manny Pacquiao’s pay-per-view numbers started dropping off after 2012, when his promoter Bob Arum stopped matching him against guys the boxing fans wanted to see. It was only when Pacquiao fought Floyd Mayweather Jr. that his PPV totals increased. Now that fight is over, Arum is once again matching Pacquiao against guys in non-compelling fights and his PPV totals are dropping again.

De La Hoya said this to ESPN Deportes about the Canelo vs. Golovkin fight:

“Golovkin says he’s not about the money. Let’s make the fight for the people, for the public. The arrangements can be made, so there is no problem, but you have to make the fight. Look, the one who is running here is Golovkin. Maybe he doesn’t know how much is being offered. So the money is there to make the fight.”

It’s in Canelo’s best interest for him to fight Golovkin so that he can become a crossover star in the U.S rather than being a star with a segment of the population. Canelo needs Golovkin’s scalp for him to get to the next level to become a true pay-per-view attraction. De La Hoya says that Canelo has replayed Mayweather as boxing’s top pay-per-view fighter, but he’s not a good replacement in terms of the pay-per-view numbers he’s brought in with him as the A-side.

The only time that Canelo has brought in big pay-per-view numbers is when he had an opponent that was either more popular than him or almost as popular in Miguel Cotto and Mayweather. For Canelo to get to the level of Mayweather, he needs to fight guys like Golovkin and Daniel Jacobs and beat them. Canelo isn’t going to become a huge star defeating guys like Liam Smith, Amir Khan, Alfredo Angulo and James Kirkland. Those are record-padding opposition, and not nearly good enough to turn Canelo into a crossover star in the U.S.

You can see from what De La Hoya is saying that the flat fee offer of eight figures that was given to Golovkin appears to be final for September 2017. It’s now up to Golovkin and his promoters to decide whether they want to accept that offer or not. Golden Boy has the 34-year-old Golovkin in a tough situation, because they can wait him out until he gets old and is starting to take losses. Once that happens, the $10 million offer for a fight against Canelo will likely be reduced to a smaller amount.

Golovikin won’t be in the position to decide whatever offer that is given to him, considering that his opportunities will start to dwindle as age sets in. Canelo is only 26 right now. He’s probably got another seven years before he starts to get beaten by the top guys at 160. Even then, Golden Boy can keep Canelo from losing by being careful who they match him against. We’re already seeing that Golden Boy isn’t matching Canelo against the talented 154lb fighters like the Charlo brothers and Demetrius Andrade.

“We are no longer chasing Golovkin and his team,” said De La Hoya. They’re playing games, that’s all. Canelo will continue his career, he will fight in January or February, depending on the hand, and then go fight in May and September, and hopefully September will be the fight with Golovkin.”

If the Canelo vs. Golovkin fight is one that can bring in over $100 million, then it’s not in Golovkin’s best interest to agree to flat fee of $10 million. He’s better off taking a percentage deal so that he can share in the money the fight makes. He can’t share if he’s given a flat fee ahead of time for a fight that could make huge money.

Yep, Golovkin is the one who dropped the belt to avoid a fight.

boxing_rocks wrote:Yep, Golovkin is the one who dropped the belt to avoid a fight.

I wondering, what would the split have been had Canelo kept the title and fought Golovkin?

Ruthless-RKO wrote:

boxing_rocks wrote:Yep, Golovkin is the one who dropped the belt to avoid a fight.

I wondering, what would the split have been had Canelo kept the title and fought Golovkin?

Wasn't it a split defined by WBC rules like 60/40 ?

Had Oscar just been to the bathroom and snorted up a gram of Charlie in each nostril??!

boxingknockout wrote:Had Oscar just been to the bathroom and snorted up a gram of Charlie in each nostril??!

He put on his fishnet costume for the Helloween and started talking like a girl.

boxing_rocks wrote:

boxingknockout wrote:Had Oscar just been to the bathroom and snorted up a gram of Charlie in each nostril??!

He put on his fishnet costume for the Helloween and started talking like a girl.

He always talks like a girl!

De la Hoya is talking nonsense

Who ever voted yes on that poll needs to give their head a wobble

Oiky wrote:De la Hoya is talking nonsense

Who ever voted yes on that poll needs to give their head a wobble

First he needs to take it out of his ass.

A bunch of Golovkin nut huggers here.

The guy is offered more money than he's ever earned in his entire life, and of course, it's not good enough for him to get in the ring with boxing's #1 star.

He is avoiding the bout by refusing to take the huge bucks offered. Therefore, he is running from Canelo.

Golovkin hasn't proven to be any type of PPV box office star (recall, he's now referred to in many quarters as "Mr. 150,000" in reference to the vast number of PPV buys he hauled in against the dreaded David Lemieux) so $10 million is certainly a more than fair offer.

Let's see if Golovkin swallows his false pride next year, steps up to the plate, accepts the money, finally stops bitching and actually challenges the Mexican superstar.

Here is a guy with his head inside his ass. Golovkin is a unified MW champion, so Canelo needs to offer him a decent share of revenue or keep fighting nohopers. Canelo had his chance to fight GGG when he was a WBC belt holder, but he preferred to drop that belt to avoid the fight. Now Oscar and Saul are low balling GGG as means to avoid the fight.

boxingknockout wrote:Had Oscar just been to the bathroom and snorted up a gram of Charlie in each nostril??!

My thoughts exactly. De La Hoya needs to shut his stinky, effeminate, lying trap. The fans aren't buying hi BS.. The Golovkin-Canelo fight will pull 120MM dollars and they can charge sky high prices in Cowboy stadium for another 30 million or so.. There are venues that could pack over 100,000 fans and they could sell those out.. GGG isn't going to go for 5 to 10% of the take on the biggest fight that could be made in Boxing today ... A fight where Triple-G would be a HUGE favorite and they would be fighting for HIS title.

DLH priced himself out of many fights in his career... Including the Mosley rematch for several years -- and the Trinidad rematch forever... He thinks he can get anything he wants because he once made an insincere offer to Bernard Hopkins for a 25%-75% split so he could say he made Hop a massive offer. Hopkins figured the fight would be easier than any sparring session he ever had. He surprised DLH by immediately jumping on the offer before it could be withdrawn.. He knew it was an insincere PR tactic and the offer wasn't going to get any better.. DLH played Mosley, Trinidad, Mayweather, and Pacquiao the same way. Oscar didn't win any of those fights, so he believes he's a really smart and tough negotiator---who always got paid much more money than his winning opponents ... What he is, is a massive pain in the ass who doesn't give a crap about fairness, or making fights the fans want to see.. Money is his only motive.. Golovkin doesn't worship money. Integrity is more important to him. He knows he's the most dangerous guy out there, and Canelo is just another punk ducking him.

SenorPipino wrote:A bunch of Golovkin nut huggers here.

People often exaggerate the elevation of someone

..I believe GGG needs Canelo just as much as Canelo needs GGG. The teams should get together and a make a fair deal, 25% vs 75% if true is certainly not acceptable..all the usual bs tactics of the promoter with bigger clout...If the fight doesn't take place, not many will blame the champ disagreeing to accept 25%, while I assume nobody will ever forget Canelo dropping the title to avoid/duck GGG...

SenorPipino wrote: Golovkin hasn't proven to be any type of PPV box office star (recall, he's now referred to in many quarters as "Mr. 150,000" in reference to the vast number of PPV buys he hauled in against the dreaded David Lemieux) so $10 million is certainly a more than fair offer.

Just like Canelo wasn't proven when he fought Mayweather.. or like any other boxer who fought PPV the first time.. Pretty Sure Canelo took a percentage.

DLH and Canelo are telling you they want to fight 4 times (since Cotto) before Canelo.
They are milking the fans with garbage fights, and Canelo's fans seem oblivious, quite stupid actually.

On the flip side, GGG gets a total pass in every situation.
Regardless of what people believe, GGG/Canelo is not a blockbuster PPV.
Cotto/Canelo did 900K. This will max at 600K. These GGG dickriders don't understand he is not a huge seller.
He sells out LA and NYC because there's many people and he's a big drama show.

GGG is not more established than the Hopkins that took the low end versus DLH.
Hopkins took that with no guarantee that the fight would brighten his star.
GGG has the support of the boxing media. He knows a big win makes him a star + $10M.

Not offering Jacobs a fair deal ... smh

BAD INTENTIONS wrote: Not offering Jacobs a fair deal ... smh

Stop that crap. You don't know what they offered Jacobs. There is no reason to believe that Jacobs was offered a lower share than most of other Golovkin's opponents who got around 40%. The problem is that it wasn't close to $3 mil which Jacobs wants without any basis.

BAD INTENTIONS wrote:DLH and Canelo are telling you they want to fight 4 times (since Cotto) before Canelo.
They are milking the fans with garbage fights, and Canelo's fans seem oblivious, quite stupid actually.

On the flip side, GGG gets a total pass in every situation.
Regardless of what people believe, GGG/Canelo is not a blockbuster PPV.
Cotto/Canelo did 900K. This will max at 600K. These GGG dickriders don't understand he is not a huge seller.
He sells out LA and NYC because there's many people and he's a big drama show.

GGG is not more established than the Hopkins that took the low end versus DLH.
Hopkins took that with no guarantee that the fight would brighten his star.
GGG has the support of the boxing media. He knows a big win makes him a star + $10M.

Not offering Jacobs a fair deal ... smh

The poster above has Jacobs well covered. With Hopkins there's some similarities: both carrying 3 belts, both on a record breaking run of MW title defenses. And some differences:

1. Oscar Hopkins was not highly anticipated, much less the biggest fight in the sport. It was a size mismatch, felt more like a business transaction
2. Hopkins wasn't selling out arenas on both coasts and the UK. Not a fan favorite, much less Mexican fan favorite
3. No back story of ducking or belt surrender, no real buildup other than the Sturm robbery.
4. Despite all this, Hopkins was offered very good money, with PPV upside which is denied to GGG.

Canelo had 2 chances to fight GGG.
After all the trash talk, Canelo CHOSE to fight Amir Khan, then he talked some more garbage, dropped his WBC MIDDLEWEIGHT title and CHOSE to fight Liam Smith.
When is the fight date for this supposed $10mil offer? December? February? May or September 2017?
Word is GGG is going to fight again in February so of course they are talking about Canelo fighting in January or March.
Not sure who is more stupid, the fans who believe ODLH and Canelo's lies or Canelo himself for letting a drug addict make him look like a complete a**hole.

greg wrote:..I believe GGG needs Canelo just as much as Canelo needs GGG. ...

This is true.

Keko wrote:

greg wrote:..I believe GGG needs Canelo just as much as Canelo needs GGG. ...

This is true.

GGG wants Canelo only for financial reasons. It is more Loefler who wants that fight than GGG himself. Canelo needs GGG to repair his reputation.

boxing_rocks wrote:

Keko wrote:

greg wrote:..I believe GGG needs Canelo just as much as Canelo needs GGG. ...

This is true.

GGG wants Canelo only for financial reasons. It is more Loefler who wants that fight than GGG himself. Canelo needs GGG to repair his reputation.

And he has the reputation as not too big wins. There's big names. Brook is the best but he comes from WW.

It has for Canelo and other options do not depend on it. He is aware of that and therefore waiting.

Canelo is a big name in terms of popularity, but beating him is not a bigger athletic achievement than beating Lemieux or Murray.

Canelo is the better boxer of the two mentioned.

Keko wrote:Canelo is the better boxer of the two mentioned.

Bullshit. The "better boxer" looks like a dummy when he faces technicians like Floyd or Lara.