By Edward Chaykovsky

Retired former five division world champion Floyd Mayweather Jr. (49-0, 26KOs) completely backs the recent decision by Golden Boy Promotions to push back a potential mega-fight between Saul 'Canelo' Alvarez and Gennady 'GGG' Golovkin.

Earlier in the year, the World Boxing Council ordered Canelo (47-1-1, 33KOs) to defend his WBC middleweight title against Golovkin (35-0, 32KOs) in a mandatory fight.

Following his sixth round knockout over Amir Khan in May, Canelo vacated the WBC title and the sanctioning body made Golovkin their world champion by default. 

Canelo and Golovkin were then in talks for the fall. Last week, Canelo's promoter - which is Golden Boy - revealed that a fight with Golovkin would be pushed back to September of 2017. Two days later it was announced that Canelo was moving back to 154-pounds to challenge WBO champion Liam Smith on September 17th.

Mayweather, who now devotes his time to promoting a full stable of fighters, believes Golden Boy made the right business decision for their company.

“Golden Boy’s making the right decision because that’s their cash cow right now,” Mayweather said to Los Angeles Times. “If Canelo loses, who do they have to bank on? They have to be smart. This is a business. People want to say, ‘He should fight him.’ It doesn’t work like that.

“People said I was scared, a coward, to fight Manny Pacquiao. Everyone can have their own opinion. I always said, ‘If it’s meant to happen, it’ll happen.’ At one particular time, that fight was worth $60 million. I waited until the time was right, when things were on my terms and we were the A side and we could do things our way, we turned that into a $600-million fight.”