Why Did Champion Boxer Canelo Alvarez Leave Oscar De La Hoya's Golden Boy Productions?

"Golden Boy built Canelo Alvarez. The company you fought under for decades has always had one name and it’s mine so put some f--king respect on it."

May 2 2024, Published 2:35 p.m. ET

Feuds are nice for the game of boxing, even though they don't seem to be between the opponents which can be about to get in the ring. Saul Canelo Alvarez is scheduled to combat Jaime Munguia in Las Vegas on May 4, 2024, but the actual drama isn’t between middleweight boxers Canelo Alvarez and Munguia.

Canelo Alvarez is the present IBF World Super Middle, WBA World Super Middle, WBC World Super Middle, and WBO World Super Middle Champion. However, one of the well-liked warring parties as of late might wish to take a swing at one of the well-liked combatants of yesterday. Canelo Alvarez left Golden Boy Promotions, the corporate established by way of former boxer Oscar De La Hoya, after best three fights and a contentious lawsuit.

Why did champion boxer Saul Canelo Alvarez depart Oscar De La Hoya’s Golden Boy Productions?

Canelo Alvarez signed an 11-fight and $365 million deal in 2018 with Golden Boy Productions. His fights have been meant to be exclusives for the corporate and streamer DAZN. After handiest 3 bouts, the contract used to be dissolved. Simply put, Canelo Alvarez didn't wish to combat for not up to he used to be guaranteed, without reference to the COVID-19 pandemic fighting high-ticket boxing gates. There's still unhealthy blood between Canelo Alvarez and De La Hoya.

In September 2020, Canelo Alvarez filed a lawsuit in opposition to each Golden Boy Promotions and DAZN, alleging breach of contract. He sought a minimum of $280 million in damages. According to an ESPN story published Sept. 11, 2020, “Alvarez needs his contract to hold as-is, meaning he'll get paid his complete amount according to combat, which has been a point of rivalry between the parties, and he's going to get to have final say on his warring parties.”

The events settled in November 2020 and Canelo Alvarez became a free agent. De La Hoya spoke to The Ring, a boxing publication he owns, following the agreement. “The lawsuit was resolved to everybody’s pleasure, and we would like Canelo the most efficient going ahead. In strong partnership with DAZN, we will continue showcasing our wide variety of skill."

A DAZN official weighed in on the settlement, saying it was “a clean break, hands up, and walk away. The matter has been resolved to the satisfaction of all parties.”

Things are getting heated since Canelo Alvarez fights on DAZN this weekend.

At a press conference to hype the May 4 fight between Canelo Alvarez and Munguia, De La Hoya spoke about the boxer he used to promote. “But that doesn’t change the fact that Golden Boy built Canelo Alvarez — period. The company you fought under for decades has always had one name and it’s mine so put some f--king respect on it.”

Obviously, Canelo Alvarez did not like the prodding. According to The Sporting News the champ mentioned, "He attempted to thieve cash and he’s a f--king a--hole! He tried to keep the eye for him, now not for Munguia. F--king p---y! Mother f--ker!"

Those comments should help spice up purchase charges for this weekend’s combat, very easily to be had on both Amazon Prime and DAZN.

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