Fightful Boxing Newsletter (8/8/2019): Canelo Alvarez/GBP, Kownacki vs. Arreola Results, More

Fightful Boxing Newsletter (8/8/2019) Table Of Contents:

  1. Latest On Canelo Alvarez and Golden Boy Promotions (Page 1)
  2. WBC Suspends Dillian Whyte (Page 2)
  3. Adam Kownacki vs. Chris Arreola Results (Page 3)
  4. Michael Conlan vs. Diego Alberto Ruiz Results (Page 4)
  5. News And Notes From The World Of Boxing (Page 5)

Latest On Canelo Alvarez and Golden Boy Promotions:

Canelo Alvarez’s lost his IBF middleweight title, but more importantly, it appears that his relationship with promoter Golden Boy Promotions is at least somewhat strained.

The issue that is causing the rift between Alvarez and GBP stems from the way Alvarez was stripped of his IBF middleweight title on August 1 as well as the overall nature of certain aspects of his nine-figure, multi-year contract to fight exclusively on DAZN.

An article from Gabe Oppenheim claimed that Alvarez never wanted Golden Boy Promotions to promise DAZN a potential third fight with Gennadiy Golovkin when the two sides were discussing a potential deal last year in the aftermath of his contract with HBO being over. Yet, when DAZN announced that it signed Golovkin to a multi-year deal as well, the understanding was that a third fight against Alvarez was a matter of when, not if it will ever happen.

It even seemed like it would be the case in June when both sides entered negotiations for a third fight, but things quickly hit a snag for a number of reasons. The main reason for the fight falling apart is the location. Alvarez wanted the fight to be in Las Vegas, where all parties stood to make the most amount of money, while Golovkin wanted the fight to take place elsewhere because he doesn't trust the judging in Las Vegas when it comes to Alvarez. After all, the first two fights were in Las Vegas and many believed Golovkin won in the cards on both fights, yet the reality was that he was ahead on just one of the six official scorecards between those two fights.

That trilogy fell through (for now), but then came another issue. When DAZN signed Golovkin earlier this year, it came with a promise that there would be a third fight with Alvarez (since Oscar De La Hoya had already promised DAZN a trilogy bout). Now there's no guarantee if the fight will ever happen and Golovkin's team have now sent the streaming service a letter about the violation.

Another issue came with the failed negotiations of the Golovkin trilogy fight being that the IBF would order Alvarez to fight mandatory challenger Sergiy Derevyanchenko. That fight had been ordered before but it was strictly enforced in early July with a purse bid date already set. It seemed inevitable that Alvarez would vacate the title in order to pursue other fights in the fall and that idea was only strengthened by the fact that, up until the final days before the purse bid, Golden Boy Promotions didn't negotiate with Derevyanchenko's promoter Lou DiBella in any way, shape or form.

Alvarez claimed that Golden Boy Promotions did some sort of deal behind his back regarding the negotiations with Derevyanchenko, but the deadline came and went and there was still no fight deal made or even a step-aside deal that would allow Alvarez to keep his belt and fight someone other than his mandatory.

The IBF then took action (as expected) and stripped Alvarez of the middleweight title. The main twitter account for GBP, released the following statement denouncing the IBF for its actions and threatened to move forward with legal action.

“We are extremely disappointed at the IBF for forcing the world’s best fighter to relinquish his world title. We have been in serious negotiations with Sergiy Derevyanchenko’s promoter. We offered his team an unprecedented amount of money for a fighter of his limited stature and limited popularity, but the truth is that I’m now certain they never had any intention of making a deal. But instead they wanted to force us to relinquish Canelo’s belt. This is an insult to boxing and more important an insult to the boxing fans of the world. This decision validates already existing concerns about the credibility of the IBF championship. Canelo inherited a mandatory challenger by defeating Daniel Jacobs, the man who beat Derevyanchenko, so to strip him of his title without giving him enough time to make the best fight possible is truly what is wrong with boxing, and I plan to aggressively consider all legal legal actions possibly.”

Yet, the day after, a tweet from Alvarez’s official account painted a different tale, saying he was unaware of any deal that Golden Boy Promotions matchmaker Robert Diaz had made, though did not specify the specifics of said deal.

This prompted De La Hoya to post a tweet in response to Alvarez’s initial tweet, defending Diaz.

As for what is next for the fate of the title, the IBF has officially ordered Golovkin and Derevyanchenko to fight for the middleweight title. IBF championships chairman Carlos Ortiz Jr. wrote in a letter to Alex Dombroff, the attorney for Derevyanchenko promoter Lou DiBella, and John Hornewer, the attorney representing Golovkin's GGG Promotions.

"The IBF middleweight title was declared vacant on August 1, 2019. The IBF is therefore ordering that a bout take place between the two highest ranked contenders to fill this vacancy," Ortiz said.

The IBF title has been in the middle of a near 18-month saga involving all three fighters. Golovkin held the title in early 2018 but was stripped of the belt for also not negotiating a deal with Derevyanchenko in favor of a rematch against Alvarez. Derevyanchenko would go on to lose to Daniel Jacobs last October in New York with the then-vacant title on the line. Alvarez won the IBF title when he defeated Jacobs this past May.

The recent issues that has come to light between Alvarez and Golden Boy Promotions have shown that relationship is damaged, though how damaged it is remains to be seen. It's still entirely possible for the two sides to patch things up and work it out, but now it has to deliver Alvarez, and DAZN, a massive fight next that may not happen until December.

Right now, the likeliest scenario for Alvarez's next fight is either a unification bout with WBO champion Demetrius Andrade or against WBO light heavyweight champion Sergey Kovalev. Though Kovalev has a fight later this month against Anthony Yarde, Alvarez would be willing to wait until after Kovalev's fight to make that bout possible at the end of the year.

For now, it seems like it will still be a long waiting game to hear anything truly concrete on when and who will Alvarez fight next.

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