Canelo Alvarez Officially a Free Agent After Release from Golden Boy Contract

Canelo Alvarez is officially a free agent.

After several days of negotiations, representatives for the 30-year-old Mexican boxer and four-division world champion, the sport’s most lucrative fighter, and Golden Boy Promotions have reached an agreement to release him.

Canelo Alvarez

In September, Alvarez filed a lawsuit in federal court citing a breach of contract on an 11-fight, $365 million deal signed in 2018. A subsequent mediation situation between all parties failed, and the suit was refiled after a technical error.

Alvarez has not fought since November 2019, when he defeated light heavyweight champion Sergey Kovalev via DAZN. In the wake of the COVID-19 pandemic, Alvarez, Golden Boy and DAZN were unable to agree on Alvarez’s next opponent and the salary for that fight.

“After extended discussions between the parties, DAZN offered to pay Alvarez and Golden Boy Promotions a fraction of the contracted $40 million license fee in cash and some DAZN stock in advance of a potential IPO,” according to the initial lawsuit filed in California. “However, the entire value of the package — for a bout against another World Champion — was substantially less than Alvarez’s contractual guarantee.”

When Alvarez initially signed with DAZN, it was a massive moment for the business of boxing. Alvarez had agreed to fight on the streaming platform that opted for a monthly subscription over the traditional pay-per-view model used in boxing in recent decades. DAZN also signed Gennadiy Golovkin, whom Canelo has defeated once and drawn with in two controversial outcomes.

However, a third fight to complete the trilogy has become less likely in the wake of Alvarez’s release from his promotional contract.

Court filings show that Alvarez’s lawsuit was refiled October 8 and an additional motion was submitted by the defendants that said the lawsuit should be settled via arbitration, which Alvarez’s side disagreed with. In a statement Friday afternoon, Golden Boy chairman Oscar De La Hoya said both sides had come to an amicable solution.

“The lawsuit was resolved to everyone’s satisfaction and we wish Canelo the best going forward,” De La Hoya said in the statement. “In the strong partnership with DAZN, we will continue showcasing our wide array of talent, including rising superstars like Ryan Garcia, Jaime Munguia and Vergil Ortiz Jr., all of whom have the talent and potential to become the next biggest star in our sport.”

Ryan Garcia to Fight Luke Campbell for the WBC Interim Lightweight Title in December

The date is set for Ryan Garcia’s title fight…

The bout between the 22-year-old Mexican American boxer and Luke Campbell for the WBC interim lightweight title will take place on December 5, Golden Boy Promotions and DAZN have announced.

Ryan Garcia

The venue is still to be determined.

Vasiliy Lomachenko is the WBC lightweight “franchise” champion; Devin Haney is the WBC titleholder.

This is the first title fight for the 22-year-old Garcia (20-0, 17 KOs), who has not fought since a highlight-reel first-round knockout of Francisco Fonseca on February 14.

“I’ve been eagerly waiting to get back in the ring and have been working harder than ever to get here,” Garcia said. “It’s been a tough year for everyone, but I’m excited to bring the fans an escape for the night … or based on my track record, a few minutes at most. Luke’s record speaks for itself, but I’m ready to prove the doubters wrong. This is my era now and Dec. 5 is just the start of it.”

Added promoter Oscar De La Hoya: “For years, the world of boxing has been clamoring for a crossover star who can reach new audiences that have gone untapped for far too long. Ryan Garcia stands at the precipice of doing the same thing at an incredibly young age when he takes on Luke Campbell.”

The 33-year-old Campbell (20-3, 16 KOs) is ESPN‘s third-ranked lightweight and a seasoned veteran who has faced the likes of Jorge Linares and Lomachenko in recent years.

“2020 has been an extremely tough year for everyone, so I’m really pleased we can finally get this fight officially on and give the fans something to look forward to,” said Campbell, a 2012 Olympic gold medalist. “There’s been a lot of talk and he’s clearly a very highly regarded fighter, but I’m going to prove that this is far too much, far too soon, and that I’m on a completely different level.

“I’ve fought in America before, so this will be nothing new for myself and my team. Fans or no fans, the one thing I can guarantee is that I will be coming back to the UK with the victory. Training hasn’t stopped for me, and I’m going to be in peak condition to show something very special from Luke Campbell on December 5.”

Ryan Garcia Reaches Final Agreement to Fight Luke Campbell for WBC Interim Lightweight Title

It’s official! Ryan Garcia will be fighting for a title…

The promoters for the 22-year-old Mexican American boxer and Campbell have officially reached an agreement for a WBC interim lightweight title fight to take place in November. Both parties had tentatively agreed to the fight earlier this month.

Ryan Garcia

Matchroom Sports, which promotes Campbell, and Golden Boy Promotions, which promotes Garcia, made the announcement on Wednesday, just minutes before a WBC purse bid was to be held for the right to promote the bout.

Last week, the two sides had requested a seven-day extension believing they were close to a deal.

The venue has not been finalized, but Golden Boy president Oscar de la Hoya said it will take place in California.

“We’re very happy that Ryan Garcia will be fighting here in the U.S. in California,” De La Hoya said. “It’s a very difficult fight, and again, we have to give it to DAZN, we have to give it to [Matchroom promoter] Eddie Hearn for making this happen, and we’re looking forward to it.”

The WBC recently ordered this bout to be for their interim title, putting the winner a step closer to a shot at champion Devin Haney. Vasiliy Lomachenko is the WBC “franchise” champion.

Campbell (20-3, 16 KOs) will arguably be the toughest opponent of Garcia’s (20-0, 17 KOs) young career. He won a gold medal in the 2012 London Games and put a good effort in decision losses to Jorge Linares in 2017 and Lomachenko in 2019.

de la Hoya said he believes Garcia, the 2017 ESPN prospect of the year, is ready to face a fighter of Campbell’s caliber.

“Absolutely, 1,000 percent,” De La Hoya said. “We strongly believe that once and for all, Ryan Garcia will be able to shut up the critics, prove to everyone that he’s the real deal. It doesn’t get any bigger or more dangerous than Luke Campbell, being an Olympic gold medalist, being tall, strong, and this is going to be Ryan’s time to shine.”

Garcia and Golden Boy haven’t always been on the same page, but with this fight now being made, it seems as though they are a united front.

“Everything is wonderful,” de la Hoya said. “As Ryan has always said, and the way I’ve always expressed it, we’re a family. Families sometime have their differences, but at the end of the day, we’re still family.”

Oscar de la Hoya Says He’s Coming Out of Retirement & Resuming Boxing Career

Oscar de la Hoya is ready to rumble once again…

The 47-year-old Mexican American former professional boxer and boxing/mixed martial arts promoter says he’s planning to return to the ring.

Oscar De La Hoya

Twelve years after his last fight, the 11-time titlist confirmed he’s ready to end his retirement.

“The rumors are true, and I’m going to start sparring in the next few weeks,” de la Hoya said.

de la Hoya (39-6 30 KOs) added that he won’t be engaging in an exhibition fight like fellow retired champions Mike Tyson and Roy Jones Jr.

“It’s a real fight,” he said. “I miss being in the ring, I love boxing. Boxing is what gave me everything I have today, and I just miss it.”

After winning a gold medal for the United States at the 1992 Barcelona Games, de la Hoya had a meteoric rise in the professional ranks, winning the WBO junior lightweight title by stopping Jimmi Bredahl in 10 rounds in 1994, in only his 12th professional bout.

de la Hoya would eventually win major world titles in six different weight classes.

During this stretch, “The Golden Boy” was considered one of the best fighters in boxing and its biggest pay-per-view and gate attraction. He was as marketable outside the ring as he was good inside of it. There are very few fighters who can appear on the cover of Ring Magazine and Newsweek.

de la Hoya’s career came to an ignominious conclusion when he quit on his stool after the eighth round of a fight against Manny Pacquiao in December 2008. A few months later at age 36, de la Hoya announced his retirement.

“Look, my last fight with Pacquiao, I weighed in at 145 and obviously that was a shell of myself,” said de la Hoya of his ill-fated decision to move down to welterweight to face Pacquiao after seven years of campaigning at junior middleweight.

Now, as he’s set to return, de la Hoya understands that many will question his decision.

“Look, it’s been a long time, yes,” said de la Hoya, who was inducted into the International Boxing Hall of Fame in 2014. “But actually my jab feels faster than ever. I have to make sure that my conditioning is perfect, my health is good. And that’s going to take place in the next few weeks. So we’ll see.”

de la Hoya, who has battled drug and alcohol addiction in the past, said he started to get back into shape a couple of months ago, and as he began to feel better and better, the old itch came back.

de la Hoya said he looked around the current landscape of boxing and didn’t like what he saw.

“All these fighters are not of the level that was 15, 20 years [ago], all these fighters are demanding so much money, all these fighters are demanding the moon,” said de la Hoya. “And they’re forgetting that you must train hard, you must work hard. So that’s a huge advantage for me because I know what it takes to train hard, I know how to train smart. I know how to fight smart in the ring.

“These guys are in it just for the money — that’ll be the big difference. I will fight for the glory, and these guys only fight for the money. And guess what? The glory will always win.”

For now, the plan is to compete between 154-160 pounds. As for who he will be targeting?

“Any top guy, any top guy out there,” said de la Hoya.

Henry Cejudo Open to Return to Competition with Fight Against Ryan Garcia

Henry Cejudo is open to a comeback…

The 33-year-old Mexican American retired mixed martial artist is open to return to competition, witha fight against up-and-coming boxer Ryan Garcia at the top of his wish list.

Henry Cejudo

The former UFC double champion told ESPN that if any bout would get him to come back, it would be one against Garcia, the 21-year-old boxing prodigy promoted by Oscar De La Hoya‘s Golden Boy Promotions.

Cejudo and Garcia have been going back-and-forth on social media for weeks. Cejudo said he’d be willing to face Garcia in a boxing match, but he proposed a hybrid fight with 10-ounce boxing gloves that have the fingers exposed for grappling.

Previously, Cejudo, a former Olympic wrestling gold medalist, said he’d most like to return against UFC featherweight champion Alexander Volkanovski. But the ex-UFC flyweight and bantamweight champ has changed his tune a bit.

“I think Ryan Garcia would be the easiest payday ‘Triple C’ would ever get,” Cejudo said. “It would be a lot bigger than any purse I did in the UFC. If there’s any fight that intrigues me between staying retired, between fighting … Alexander Volkanovski or fighting … Ryan Garcia, I like the payday. Plus, it’s easy money because he’s fought nobody.”

Cejudo added that he thinks Garcia is “another Sean O’Malley,” referring to the highly touted UFC bantamweight prospect, when it comes to unfounded hype.

“It makes me sick,” Cejudo said.

Cejudo said Garcia “wouldn’t make it 30 seconds” with him in mixed martial arts. A bout between the two seems like a long shot. Cejudo still has a UFC contract, and the promotion would have to OK any other fight deal or be part of the co-promotion.

Cejudo (16-2) stepped away from MMA unexpectedly after six straight wins. ESPNstill has him ranked No. 3 on its pound-for-pound fighter list. Cejudo has an impressive résumé, including being one of four fighters to hold two UFC titles at the same time. The Arizona resident has beaten the likes of Demetrious JohnsonTJ Dillashaw and Dominick Cruz, all former champions.

“Triple C” is apparently now looking to add Garcia to that list.

“Ryan Garcia, if you are watching this … answer the call, man, and sign the damn contract,” Cejudo said.

Vergil Ortiz to Headline Golden Boy Promotions’ Return to Boxing in July

Vergil Ortiz is the Golden Boy of the moment…

The 22-year-old Mexican American boxer and undefeated welterweight will be the headliner when Golden Boy Promotions returns to boxing in July.

Vergil Ortiz Jr.

The original plan for Golden Boy was for the highly marketable and telegenic Ryan Garcia to take part in the main event on the Fourth of July. But the two sides weren’t able to come to a financial agreement. Oscar De La Hoya, the founder of Golden Boy, tweeted about the situation on Monday.

Eric Gomez, the president of GBP, confirmed to ESPN that Ortiz (15-0, 15 KOs), whom many consider the company’s best prospect, would be in the main event of Golden Boy’s first card of the summer. This show will most likely take place at the Fantasy Springs Casino in Indio, California, and will be streamed on DAZN

Ortiz was originally scheduled to face Samuel Vargas on March 28 in Los Angeles, before that card was canceled due to the coronavirus pandemic. It’s expected this fight will be rescheduled for late July.

Patrick Teixeira Wins Hard-Fought Bout Against Carlos Adames to Earn Vacant Interim World Title

Patrick Teixeirais officially a world titleholder…

Despite a bloodied face, the 28-year-old Brazilian professional boxer and junior middleweight won a hard-fought unanimous decision over Carlos Adames to win a vacant interim world title on Saturday night at The Chelseaat The Cosmopolitanof Las Vegas.

Patrick Teixeira

The judges scored the fight 116-111, 114-113 and 114-113 for Teixeira, who earned the winning margin on two scorecards on the strength of a knockdown in the final moments of the seventh round.

“It was tough with the cuts, but I was able to get through it because of my experience,” Teixeira said. “It was a little harder, but my corner did an excellent job on the cuts. I am very happy to bring a world title back to Brazil. I want to make boxing bigger in Brazil. Soccer is our biggest sport, and this is a great moment for boxing in my country.”

Patrick Teixeira

It was an action-packed battle that began as a boxing match as Teixeira, a southpaw, gave Adames trouble with his movement and jab in the early going. But the aggressive Adames got into the fight in the third round when he found a home for his body shots. He also landed stiff, straight right hands and looked like he would be able to overpower Teixeira.

The Robert Garcia-trained Adames (18-1, 14 KOs), 25, of the Dominican Republic, opened a cut under Teixeira’s swelling left eye in the fourth round and continued to force him back with heavy shots. He opened a cut under his right eye in the fifth round even though Teixeira rebounded in the round to land combinations that had Adames a little shaky.

The seventh round was a wild one. Adames was pounding Teixeira and landed three tremendous uppercuts that rocked his head back. It looked like he might stop Teixeira at any moment when the Golden Boy-promoted Teixeira (31-1, 22 KOs) suddenly rebounded to connect with multiple rights hooks and then a left hand to the chin that dropped Adames to his rear end along the ropes in the final seconds of the round. It was the first time Adames had been knocked down, and it ultimately cost him the fight.

They continued to battle on seemingly even terms, with Adames the heavier hitter but Teixeira’s movement and punches from unusual angles giving Adames problems.

“We are so proud of Patrick Teixeira,” Golden Boy CEO Oscar De La Hoyasaid. “It was a brutal and bloody war, but Teixeira really dug deep to earn himself the most important win of his career against a very dangerous fighter. We look forward to starting the new year with yet another champion in our stable.”

Teixeira won his fifth fight in a row since his only defeat, a second-round knockout to former world title challenger Curtis Stevensin May 2016.

The fight was initially slated to be a title eliminator for the right to become the mandatory challenger for 154-pound world titleholder Jaime Munguia, but on Tuesday, the WBO sanctioned the bout for its interim belt because Munguia announced his next fight would be at middleweight. Munguia likely will vacate the junior middleweight belt, and Teixeira is expected to be upgraded to the full titleholder during next week’s annual WBO convention in Tokyo.

Eduardo “Rocky” Hernandez Signs Co-Promotional Deal with Golden Boy Promotions

Eduardo “Rocky” Hernandezhas a new deal…

The 21-year-old Mexican junior lightweight boxer, one of Mexico’s most highly touted up-and-coming boxers, has signed a co-promotional agreement with Golden Boy Promotions, according to CEO Oscar De La Hoya.

Eduardo "Rocky" Hernandez

Hernandez, who is also co-promoted by Promociones del Pueblo, one of Mexico’s leading promoters, will make his United States debut in his first fight of the deal. 

He’ll face Ibrahim Class in a 10-round fight on March 30 on the undercard of the Ryan GarciaJose Lopez lightweight bout at the Fantasy Springs Resort Casino in Indio, California.

De La Hoya and Oswaldo Kuchleof Promociones del Pueblo have worked together over the years, and they both hope the partnership will help launch Hernandez (27-0, 24 KOs), 21, to stardom.

“At Golden Boy, we are in the business of working with fighters from all over the world and making them into international stars,” De La Hoya said, listing an impressive roster of fighters that Golden Boy helped build into well-known names, including Deontay WilderAdrien BronerDaniel JacobsMarcos MaidanaAbner Maresand Jermell and Jermall Charlo.

“We’re doing it presently with the biggest star in the sport, Canelo Alvarez, along with world champions such as Jaime Munguia, Rey VargasXu CanAngel Acosta and Andrew Cancio; and we have the next generation of stars with Ryan Garcia, Vergil Ortiz, and Lamont Roach Jr.

“This company knows how to work with fighters from all kinds of backgrounds,” De La Hoya continued, “so we’re more than ready to join forces with Oswaldo Kuchle and Promociones del Pueblo to co-promote Rocky Hernandez as he begins to make big waves in the stacked 130-pound division.”

Hernandez turned pro at age 16 in February 2014.

“I’m very delighted to be presented to fans in the United States,” Hernandez said. “I am preparing very hard to give a great fight to the fans on March 30, and God willing, I will walk away with my hand raised. I have a tough opponent in front of me, but I am training very hard.”Class (22-5, 10 KOs), 28, of Tanzania, also will be fighting in the U.S. for the first time.

Tito Ortiz Returning to MMA Ring to Fight Former Rival Chuck Liddell

Tito Ortiz is ready to face his rival once again…

The 43-year-old retired mixed martial artist will rekindle his infamous rivalry with Chuck Liddell in a trilogy bout later this year, under the banner of Oscar De La Hoya‘s Golden Boy Promotions.

Tito Ortiz

ESPN has confirmed that Golden Boy, one of the world’s premier boxing promotions, has signed agreements with Liddell and Ortiz. An official date and location are being finalized and should be announced soon.

“Oscar said, ‘Let’s get this done.’ I said, ‘Let’s get this done,’ and it took about 2½ months to make Chuck happy enough to make it happen, and it’s signed,” Ortiz said Monday on ESPN’s Ariel Helwani’s MMA Show. “This fight is going to happen this year.”

The pay-per-view event will mark Golden Boy’s first foray into MMA. It will take place nearly 12 years after Liddell knocked out Ortiz in the third round of their second meeting, at UFC 66 in December 2006.

“I’m proud to announce we’ve signed a deal for the fight between Chuck Liddell and Tito Ortiz,” De La Hoya said in a statement to ESPN. “This will be huge for sports fans around the world. Ortiz and Liddell are two of the most recognized fighters in MMA history. They are legends in the sport.

“Everyone remembers their rivalry helped put the sport on the map, and we’re excited to host the next and final chapter of this historic rivalry.”

Golden Boy is not offering further details at this time. Liddell told ESPN the bout will take place inside a cage, not a ring, and Ortiz confirmed that.

Ortiz said the fight will be at 205 pounds, which is the same weight class both men fought in during their careers.

“It will be a strictly an MMA card,” Ortiz said. “We’re putting the fight together and there will be announcements as the weeks go on. We’re talking to fighters that have names.”

Liddell, 48, retired from MMA in 2010, at the request of UFC president and longtime friend Dana White. Liddell held an executive position at the UFC until 2016, when the company sold to new ownership.

The California native lost his last three bouts by knockout, but hinted at a comeback for years. He said he is not limiting his return to the Ortiz fight.

“It feels great to sign a deal, to be honest with you. It’s as exciting as I knew it would be,” Liddell told ESPN. “Golden Boy offers something different. We’re partners in this. And I never get sick of punching Tito.”

Ortiz announced his retirement in 2012, following his final bout in the UFC. He returned to the sport two years later for a four-fight run in Bellator MMA. He defeated Chael Sonnen via first-round submission in his most recent bout, in January 2017.

“I’m only interested in fighting Chuck at this time,” said Ortiz, who has already started training again. “If anything, the rivalry is worse than it ever was. This isn’t made for TV. This is as real as it gets.”

Ortiz continued: “I think the itch [to return] happened after my birthday, when I turned 43 and just got back into the gym to see how my body would respond to it — and it responded faster than I thought it would. I still feel young; my response skills are super-fast. It’s been a long road, working with UFC, then working with Scott Coker and Bellator and now working with De La Hoya and Golden Boy Promotions.

“I’ve been busy, but Chuck comes out and says, ‘Do you like to fight me?’ I thought it made sense, it gives me an opportunity to redeem myself. I think all my fans deserve it, I deserve so let’s play on an even playing field. I don’t think I got a fair handshake every time I fought Chuck.”

Ortiz (19-12-1), of Huntington Beach, California, will be seeking his first victory against Liddell. The two former UFC light heavyweight champions met for the first time in a non-title bout in April 2004. Liddell won via TKO in the second round.

The rematch at UFC 66 was a massive financial success, producing a live gate of nearly $5.4 million. It remains the ninth-highest-grossing MMA event in Las Vegas history.

“Just like boxing fans remember the historic rivalry between Erik Morales and Marco Antonio Barrera, so do MMA fans remember the rivalry between Chuck Liddell and Tito Ortiz,” Golden Boy president Eric Gomez said. “But Liddell-Ortiz never got their third fight. This time fans will get to see the third fight. They’ll see the culmination of a heated trilogy that was pivotal for the sport.”

De La Hoya hinted at an interest in launching Golden Boy MMA earlier this year. Discussions are underway for a potential promotional tour later this year.

“I’m excited for Tito and MMA in general,” said Ortiz’s longtime manager, George Prajin. “Tito has been blessed to have worked with Dana Whiteand [former UFC owner] Lorenzo Fertitta, [Bellator president] Scott Coker and now Oscar De La Hoya, who is providing Tito the opportunity to maximize his last fight against his biggest rival.”

Oscar De La Hoya Partners with Facebook to Stream Live Boxing & Original Programming

Life is but a stream for Oscar De La Hoya

Facebook is punching up its video lineup with more live sports, inking a deal with the 45-year-old Mexican American boxer-turned-promoter’s Golden Boy Promotions to stream live boxing and original programming on the platform.

Oscar De La Hoya

The live boxing will be available to fans in the U.S. on Facebook Watch and globally via the Golden Boy Promotions page on Facebook.

The pact expands L.A.-based Golden Boy’s distribution outlets, which include deals with ESPN, ESPN, ESPN Deportes, HBO, EstrellaTV,and RingTV.com. The company also distributes content on owned-and-operated sites CaneloGGG.com and GoldenBoyPPV.com.

Under the pact, the first of Golden Boy’s five live fight nights on Facebook will be August 11, featuring Jesus Rojas (26-1-2, 19 KOs) defending his WBA World Featherweight title against Joseph “JoJo “Diaz Jr. (26-1, 14 KOs) at the Avalon Theater in Hollywood. The second live bout be on August 18 with light heavyweight contender Sullivan Barrera (21-2, 14 KOs) squaring off against a yet-to-be announced opponent at the Sands Casino Resort in Bethlehem, Pa.

The boxing bouts will not carry any advertising. So far, none of the live sports broadcasts on Facebook have carried ads but the company has been experimenting with inserting ads into live-streaming video.

For the live Facebook boxing series, Golden Boy has teamed with Kathy Duva’s Main Events boxing promotion company to increase “the number of world-class fighters to be featured.” Golden Boy’s live boxing series on Facebook will be augmented with “shoulder programming,” including rebroadcasts of past fights featuring commentary from the boxers themselves, with the first content slated to debut July 13. The on-demand programming also will feature celebrities, influencers, and boxing commentators.

De La Hoya, a former prizefighter who won multiple boxing world titles in six different weight classes, touted the Facebook agreement as a “game-changing deal for the sport of boxing.” “The reach of Facebook is just incredible, and our sponsorship conversations will truly resonate with brands across all categories,” De La Hoya said in a statement. Kathy Duva added, “We look now to a future with Facebook with unlimited opportunity, where promoters can work together to best serve the interests of the fighters and fans all over the world.”

Golden Boy Media and Entertainment will produce the live fights and original programming for Facebook, with De La Hoya serving as executive producer. The content will take advantage of Facebook’s social features; for example, the live broadcasts will incorporate the real-time fan interaction and engagement.