Oscar De La Hoya has broken his silence on Canelo Alvarez leaving Golden Boy Promotions.
De La Hoya and Alvarez had been in a legal battle over his contract and on November 6 it was revealed arguably the best boxer in the world right now was a free agent. It was major news and a big blow to Golden Boy, but De La Hoya had nothing but positive things to say about the Mexican star.
“I hope he makes more money, way more money, in his next few fights than we had guaranteed him,” De La Hoya said to Kevin Iole of Yahoo Sports.
“As you know, every fighter on the planet thinks the grass is greener on the other side. It is unfortunate that it had to get to this scenario. [The settlement] worked out for both parties, I believe. There’s no lost love between Canelo and I. I wish him the best. We did a lot of good business together and we promoted some of the biggest fights in the sport together, so how can I be angry?
“It’s a different scenario than my situation with Top Rank. Then, you know, I had a contract that had lasted roughly seven years. At that period of time, I didn’t think the grass was greener. I just thought seven years was enough. Now, in this situation with Canelo, we are in a very difficult time and the marketplace is changing dramatically, and we had this big lawsuit over our heads. I hope everyone involved in it succeeds and can move on. I know we are going to do so.”
Canelo Alvarez hadn’t fought since November of last year when he knocked out Sergey Kovalev to win the WBO light heavyweight title. His first fight outside Golden Boy is set to be against Callum Smith on December 18, 19, or 20 and they will be unifying the WBA super middleweight titles in Texas.
What do you make of Oscar De La Hoya‘s statement on Canelo Alvarez leaving?