Four-division world champion Canelo Álvarez recently parted ways with streaming service DAZN and promotion firm Golden Boy. However, the split has not spun up any bitter relations with the boxer, as Golden Boy CEO Oscar De La Hoya wishes nothing but the best of luck for Canelo.
It has been a year since WBA (Regular) super middleweight champion Canelo Álvarez (53-1-2, 36 KOs) was last seen in action. The Mexican pugilist, who last fought Sergey Kovalev back in November 2019, is set to end his hiatus as he is set to face WBA (Super) super-middleweight champion Callum Smith in December.
How can I be angry: Oscar De La Hoya holds no bittler feelings for Canelo Álvarez
During his time away from the ring, tensions were growing as Canelo Álvarez had sued both DAZN as well as Golden Boy for for breach of contract. Last week, the parties had reached a settlement and Canelo became a free agent.
Be that as it may, Oscar De La Hoya reveals that no grudge against the super middleweight boxer.
“I hope he makes more money, way more money, in his next few fights than we had guaranteed him,” Oscar De La Hoya said in an interview with Yahoo Sports.
“As you know, every fighter on the planet thinks the grass is greener on the other side,” the Golden Boy CEO went on, “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?” added De La Hoya.
Oscar De La Hoya contrasts Canelo Álvarez’s situation with his own Top Rank split
Interestingly, the situation is very similar to how Oscar De La Hoya walked out from Top Rank all the way back in 2001 during his time as a boxer. Recalling the incident, he claimed that the situation is different in the case of Canelo.
“It’s a different scenario than my situation with Top Rank,” De La Hoya continued, “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.”