GGG vs Canelo Alavrez: "If I was handling Alvarez, they would have fought in September."Hot
While Hall of Fame promoter Bob Arum was in Los Angeles, California, promoting Top Rank's November 5 PPV event, the five decade boxing executive had some words for his former fighter, Oscar De la Hoya, on how he's treated Golden Boy Promotions' controversial position on the seemingly imminent showdown between Canelo Alvarez and Gennady Golovkin.
"Oscar should know better about hiding Canelo from GGG," Bob stated to FightHype.com at Tuesday's Top Rank press conference.
"When Oscar was a fighter, he fought everybody...he never ducked anybody. That's what made him the attraction that he was."
Under the guidance of Arum and Hall of Fame matchmaker Bruce Trampler, the Golden Boy fought Julio Cesar Chavez twice, John John Molina, Rafael Rueles, Jorge Paez, Genaro Hernandez, Miguel Angel Gonzalez, Hector Camacho, Pernell Whitaker, Jesse James Leija, Sugar Shane Mosley, Oba Carr, Ike Quartey, Arturo Gatti and Felix Trinidad...all within his ten year run with Top Rank, Inc.
Although Canelo's resume is impressive and includes the names of many accomplished fighters like Austin Trout, Shane Mosley, Erislandy Lara, Miguel Cotto and Floyd Mayweather Jr, the knowledgeable fight promoter believes the 26 year old's credibility will suffer greatly if he doesn't eventually succumb to the demands of the real bosses of boxing, the avid and passionate fight fans.
"Oscar should make the Canelo vs GGG fight without screwing around anymore. The worst thing that can happen is Canelo Alvarez loses the fight...so what? If he loses the fight, he'll go out on his shield. He's a brave kid. It enhances his value and reputation, not diminishes it.
After the Mexican superstar's most recent performance, in which he filled At&T Stadium in Arlington, Texas, on September 17, Oscar announced to the media in attendance that he recently made a lucrative offer to Golovkin's handlers, K2 Promotions and the Herman brothers, that was allegedly three times more than Triple G has earned for any fight throughout his ten year professional career.
"I made a significant offer, an eight figure offer (to Team Golovkin)," De la Hoya stated during the post-fight press conference for Canelo vs Smith.
"I believe it's an offer that is two, three...even four times more than he's ever made, and I haven't heard back. And that's the bottom line. Look, I want to make this fight...there's no doubt about it. The bottom line is Canelo is not afraid of anybody. He's going to fight GGG in September of 2017."
Arum strongly feels that Oscar's current practice of "negotiating through the media" isn't professional and certainly isn't the way a lucrative fight deal should be made.
"Canelo's a young guy and they're wasting time not making that fight. Canelo's numbers will always suffer if he's perceived by the public to be ducking GGG so Oscar should sit down with Tom Loeffler (Managing Director of K2 Promotions West) and work out the percentages.
Stop doing the nonsense that you're going to offer him eight figures. That's nonsense. Just make a percentage deal."
"That's how big fights are always made."
The 84 year old fight promoter likes the "Canelo vs GGG" match-up, and believes he would have already staged the match-up if he were handling Alvarez.
"I would have to pick GGG over Canelo in the fight," Bob Arum admitted to FightHype.com. "But that's not to say Canelo Alvarez doesn't have a chance."
"Certainly if I was handling Canelo, they would have fought in September."