And, to add insult to injury, DAZN has not yet arrived in Mexico, a market that they planned to monopolize with the signing of Canelo and with it, sell thousands or millions of subscriptions. UFC President Dana White gives his reaction to Jon Jones confirming a rumor regarding him avoiding a drug test in 2015. White on infamous Jones story: ‘They don’t test for marijuana’. IT’S NOT TOO LATE TO WATCH ‘DEONTAY WILDER VS. TYSON FURY 2’, Canelo Alvarez sues Oscar De La Hoya, Golden Boy Promotions, and DAZN for breach of contract, Korean Zombie says he doesn’t remember the last three rounds of Ortega fight. The Mexican boxing sensation has not fought at all in 2020, and it looks like his next fight will be in court. To learn more or opt-out, read our Cookie Policy. Canelo signed an 11-fight £280million contract in 2018 - … Its parent company is Len Blavatnik’s Access Industries. The bout was for the WBO title against the then champion Sergey Kovalev, which Alvarez won by eleventh round knockout. Canelo made one last attempt with Golden boy. I filed the lawsuit so I can get back to boxing and give my fans the show they deserve.”. It’s been reported by The Athletic that Golden Boy had verbally promised DAZN that a Golovkin fight would happen. That puts the team on the ropes Canelo. For them, the fights before Daniel Jacobs Y Sergey Kovalev They were not “premium” matches. AND DAZN It practically lives on subscriptions, pay for advertising, both from hotels and brands, and from the box office. Men's UFC 253 Adesanya vs Costa Artist Series Event T-Shirt, Israel Adesanya Champion Authentic UFC Fight Night Walkout Jersey, Paulo Costa Chalk UFC Fight Night Walkout Hoodie Replica, Israel "The Last Stylebender" Adesanya Silhouette T-Shirt, Khabib hints at retirement at 30-0: I could go out like Floyd Mayweather, Adesanya says Jones is too scared to fight at heavyweight. Per Boxing Scene’s Dan Rafael, “Alvarez agreed to take less than his guarantee but not as much as DAZN wanted to reduce it to.”. The plan was for Canelo to fight Saunders, then have a trilogy with Gennadiy Golovkin in the fall. DAZN then apparently offered Canelo a substantially reduced license fee and stock options. Saul ‘Canelo’ Alvarez, the Mexican boxing superstar, is suing streaming service DAZN as well as promoter Oscar de la Hoya over various complaints related to the mega-rich $365M multi-fi… By choosing I Accept, you consent to our use of cookies and other tracking technologies. You will be redirected back to your article in, AMC Entertainment To Open A Dozen Cinemas In NY State; CEO Adam Aron “Increasingly Confident” NYC Is “Not Far Away”, Channing Dungey To Succeed Peter Roth As Chairman Of Warner Bros. Television Group, BAFTA Unveils UK & U.S. “I’m not scared of any opponent in the ring, and I’m not going to let failures of my broadcaster or promoters keep me out of the ring. It was expected that by May DAZN will enter Mexico with a mega combat of Canelo. According to the filing, Canelo is seeking at least $280 million in damages — the money owed to him for the remainder of his deal with DAZN — plus he wants to sever his promotional ties to Golden Boy and continue his career with a broadcast partner other than DAZN. However, per Mike Coppinger prior to the lawsuit news, “Team Canelo has never reviewed Golden Boy’s contract with DAZN; attempts by the fighter’s side to obtain a copy have been stonewalled.”, And as for that $35 million per fight guarantee he’s supposed to receive? ‘The Korean Zombie’ has no idea how he was still standing against Brian Ortega at UFC Fight Night 180. Alvarez has sued De La Hoya, his company and the streaming service for breach of contract in good part because DAZN is refusing to pay Alvarez the amount the fighter believes is stipulated in his contract. Copyright © 2020 Penske Business Media, LLC. Apparently, Golden Boy Promotions has offered a number of potential rivals to DAZN and they have not accepted them with the excuse that the next rival has to be a “premium”. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. DAZN reportedly considered none of them to be “premier” and outright rejected Yildirim, which is admittedly not remotely compelling compared to Smith or Saunders. Faced with the refusal of Canelo Alvarez to charge less than what is stipulated, and before the firmness of DAZN By not paying the full amount, it is that it is decided to sue for more or less the amount that remains from the contract, which was originally 365 million for 11 fights in 5 years. All Rights reserved. It is said that one of the options proposed by DAZN it was the third fight before Gennady Golovkin, who is also under contract of DAZN. It emerged just last month that Canelo had filed a lawsuit against his broadcaster Dazn and promoter Oscar De La Hoya. In 2018, Alvarez signed a $365m (£282m) deal for 11 fights on DAZN.. Alvarez's claim details 11 complaints, including breach of contract, negligent interference and fraud. But the pandemic and the lack of “premium” rivals have meant that Canelo He has not fought so far in 2020, which is already in the final stretch. 1 in the world,” Alvarez said The Athletic in an official statement. Or was the contract just too big for Canelo Alvarez? Perhaps DAZN the “force majeure” of the pandemic is taking advantage. To the DAZN propose revenge against “GGG”, it is alleged that the Team Canelo He said that these types of “premium” fights must be renegotiated apart from the contract of 35 million for fights, because that is what the Mexican has stipulated in his contract with Golden boy. Canelo Alvarez (53-1-2, 36 KOs) had last fought in November 2019 in the light-heavyweight division. Send us a tip using our annonymous form. Another issue and a point of contention on Canelo’s side over the contractual language is that DAZN has essentially played the role of rubberstamping which opponents Alvarez can face, as they have an interest in him taking on names who would bring subscribers to the platform. Coppinger reported that DAZN never signed off on the middleweight unification title bout vs. Daniel Jacobs, and they didn’t consider his November knockout of then light heavyweight champ Sergey Kovalev to be a “premier” fight. But it is not enough to collect (and generate) 35 million dollars to fight with any fighter. In the past weeks, the Mexican Saúl “Canelo” Álvarez, filed a lawsuit against its promoter Golden Boy Promotions and the digital sports platform DAZN.Basically the accusation is for breach of contract. The boxer claims Dazn and Golden Boy failed to propose adequate plans for his 2020 fights, stating that he was willing to accept payment below the guaranteed amount in light of the pandemic disruption. Now it is only hard to wait, was it a contractual misunderstanding? Canelo is without a doubt the face of boxing right now. In other words, it looks like DAZN really banked on Canelo taking on Golovkin this entire time and now it’s gotten super nasty. *The author, DAMIÁN FERRER, it is The Boxing Philosopher, and you can follow him on his Facebook page. The pandemic has disrupted the boxing schedule but some fights have since been staged. He got that (plus the $15 million for the Rocky Fielding matchup) for his bouts in 2019 against Daniel Jacobs and Sergey Kovalev, but the pandemic has led to major cost-cutting at DAZN and as such they asked Alvarez to reduce his purse due to the lack of a live gate (which Canelo receives a cut of as part of his agreement with Golden Boy). Anyway, I think the contract was too big for Canelo Alvarez, and DAZN you already know. There are versions that assure that DAZN you are going through a bad financial time. Could it be that the fights before Jacobs Y Kovalev did not meet the expectations of subscription and “views” expected? Uruguay will play two test matches against Spain in November, Bernard Laporte was released after two days of hearings, Errol Spence does not rule out climbing to 160 pounds and wants a fight with Canelo, Teofimo is a fair winner, but the judges had a historical blunder, Teófimo López’s plan is to go up to 140 and go against the winner of Ramírez and Taylor, says his father. Oscar de la hoya keep waiting for the generous to pay them. Cristian Garin announced that he will not continue... Two years and four ATP titles: the path... Was Canelo Álvarez's contract with DAZN too big? Prior to the pandemic shutdown, DAZN is alleged to have only signed off on Canelo facing Saunders with the expectation that Alvarez would face GGG in the fall. Joshua is the main figure of the promoter Matchroom Boxing, whose president is Eddie hearn, who in turn signed the most lucrative contract in boxing history with DAZN, of a billion dollars. The pandemic prevented it. Gillian Robertson made UFC fans fall in love... Zverev adds and continues in the ATP 250... Andy Murrray: “Marat Safin intimidated me”. Launch dates for broadcast, cable and streaming programs, Up-to-date lists for broadcast, cable and streaming series, Pandemic-proof vs. pandemic-contingent broadcast lineups, Signup for Breaking News Alerts & Newsletters, Get our latest storiesin the feed of your favorite networks. The 24-page document seeks to recover significant damages and claims intentional interference with contract and negligent interference with contract, as well as fraud. Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. Now it is being said that they will enter the Mexican market between October and November. Juries For Breakthrough Talent Showcase, Jia Zhangke Announces Surprise Departure From China’s Pingyao International Film Festival, Mads Mikkelsen Comedy ‘Another Round’ Wins Best Film At BFI London Film Festival, “Ecstatic” NY Cinema Owners Rev Up For Restart; AMC To Open 25 Locations Oct. 23, Stephen Colbert Returns To Showtime For Live Election Night Special, Harrison Ford & Ed Helms To Star In STX Comedy ‘Adventures Of Burt Squire’, HBO’s Sci-Fi Horror’s Season Finale, Creator Misha Green Talks Likely Season 2. The deal, which at the time was touted as the richest in sport’s history, was originally set to cover 11 fights. Three of those have taken place but no agreement has yet been reached on a fourth. In response, Golden Boy has said “Canelo’s beef is with Dazn,” while Dazn has not yet issued a response. His last fight was in November last year, a knockout victory over Sergey Kovalev. Reportedly DAZN He wants to cut his salary by more than half in his next fight and in fights that are not “premium” for them.

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