Home » Dela Hoya refutes planned Alvarez-Munguia fight in May

Dela Hoya refutes planned Alvarez-Munguia fight in May

Promoter Oscar De La Hoya insisted Canelo Alvarez’s plan to fight Jaime Munguia on May 4 is not gonna happen. At least not on that said date.

‘NO CHANCE’ MAY 4 FIGHT WOULD HAPPEN

The retired world champion is aware of Alvarez’s recent separation from Premier Boxing Champions (PBC), making it impossible to stage the May fight. Alvarez, de la Hoya said, should take less money to get a shot at Munguia.

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‼️ Canelo Alvarez has reportedly now decided to fight Jaime Munguia next on May 4th in Las Vegas. [According to @ChavaESPN]

— Michael Benson (@MichaelBensonn) February 26, 2024

“No chance. I don’t think so, I really don’t,” De la Hoya said on Ariel Helwani’s YouTube channel regarding the planned fight. “Canelo just left PBC. It can’t be May 4th.”

“Who’s willing to fork over that money? It’s pretty risky. Who’s going to pay that huge guarantee?” he added.

CANELO’S DEMANDS TOO HIGH

De la Hoya said a Canelo fight should generate one million pay-per-views to cover his guaranteed purse, which is risky. A reported $35-million guaranteed purse for the May 4 fight is just impossible, the promoter added.

“I don’t know if he (Alvarez) is talking to DAZN now,” De la Hoya said.

Alvarez was supposed to fight Jermall Charlo on May 4. However, Alvarez and PBC failed to strike a deal.

Canelo Alvarez and PBC mutually agreed to part ways, sources told ESPN, with two fights remaining on a three-fight deal signed in June. The pact called for the star boxer to fight Jermall Charlo on May 4. However, Canelo and PBC couldn’t agree to terms. Jermall’s twin brother,…

— Mike Coppinger (@MikeCoppinger) February 26, 2024