Advertisement
Advertisement
Boxingscene.com

Golovkin's Promoter Details How Canelo Rematch Was Finalized

By Steve Kim

On Friday morning, promoter Tom Loeffler hosted a media breakfast to give more details on his new venture, 360 Promotions, which will be debuting it's club shows in Hollywood on March 27th. Loeffler, who is still the managing director of GGG Promotions, was naturally asked about the rematch between Gennady Golovkin and Saul Alvarez, which will take place on May 5th in Las Vegas.

So what was the most difficult aspect of consummating this deal?

Loeffler responded - "Getting 'Canelo' to realize his negotiating position had changed because he lost the first fight. 'Canelo' started out with a position of it was a draw so we should have the same conditions of the first fight. We made a lot of concessions just to get the first fight, thinking not that it would be an easy fight for 'Triple G', that it would be the fight we've been working for: huge profile fight, big pay-per-view fight, and against somebody that would be on the same level or even arguably higher level here in the United States because it was always 'Triple G' carrying the promotion."

canelo-golovkin-new-york (12)_1

In this equation, it was Alvarez who was the bigger attraction and therefore the A-side, who got a larger share of the money.

"So we made a lot of concessions the first time. With the rematch, with the success of the pay-per-view, with the ticket sales there was no way we would agree to the same conditions. There was a rematch clause, we took the position, '(Golovkin) won the fight, not on paper but he won the fight in the ring. So the rematch clause should be in effect, what was negotiated. And 'Canelo' took the position it was a draw and it should be the same conditions. So that's where we started out."

Eventually, Golden Boy Promotions and Golovkin's side came to a resolution that was announced a few weeks ago.

Loeffler continued - "Slowly we moved forward or closer together and with  as the final details. When we said, '90-percent done' - it was just a few small details that needed to be sorted out. Madison Square Garden made a very strong offer, I would say probably equal to what Nevada made but 'Canelo' made it clear he preferred to go back to Las Vegas."

The rematch will take place where the first bout was held back in September at the T-Mobile Arena where Golovkin and Alvarez fought to a disputed draw.

Steve Kim is the news editor for BoxingScene.com.

User Comments and Feedback (Register For Free To Comment) Comment by Wyldewynde on 02-26-2018

[QUOTE=chitownfightfan;18514649]GGG also let a couple rds swing to Jacobs. Could have won much wider. As for the weight.... Yeah, the 180+ DJ was always going to be the bigger fighter. I think ppl forget that GGGs highest rehydration weight has…

Comment by icha on 02-25-2018

[QUOTE=Don Mac;18515839]I hope English isn't your first language.[/QUOTE] it isnt, just like boxing isnt your sport... so did you watch the fight?? ggg walked first??

Comment by aboutfkntime on 02-25-2018

[QUOTE=ThomasJK;18515949]After reading all the pro and anti talk on this thread about what this fighter did or didnt do or give in to in negotiations,.....i could really ****ing care less because I will never see a mother ****in red cent…

Comment by ThomasJK on 02-24-2018

After reading all the pro and anti talk on this thread about what this fighter did or didnt do or give in to in negotiations,.....i could really ****ing care less because I will never see a mother ****in red cent…

Comment by ThomasJK on 02-24-2018

[QUOTE=aboutfkntime;18515138]yea, it started out as the "lets bash aboutfkntime" thread..... not sure what it is called now lol[/QUOTE] I call it pigs in ****!!! Lols 😆

Post a Comment - View More User Comments (86)
Top Headlines Hearn Warns Warren: Fury Will Never Get 50-50 Split For Joshua Kosei Tanaka Beats Sho Kimura in Absolute War For WBO Title Anthony Joshua Smiles: This Payday is Deontay Wilder's Legacy! Zakaria Attou Stripped of EBU Belt, Milas vs. Tintor on Oct. 6 Labour MP Believes Boxing Can Help Knockout Knife Crime Joshua, Wilder, Fury Comprise Boxing's Ultimate Reality Show Eleider Alvarez Felt Golovkin Won, Vows To Beat Down Kovalev Jean Pascal vs. Gary Kopas at Cruiserweight on November 9 Oquendo: WBA Should Do The Right Thing, Crown Me Champion WBC Prez is Proud of Povetkin's Performance With Joshua Linares Finds New Hunger at 140, Still Eyes Mikey Garcia, Loma Oscar Valdez To Start Training Camp With Reynoso on October 1 Anthony Joshua: I'll Fight Wilder Even If He Loses To Tyson Fury Juanma: I Hope Gamboa Faces Me, Doesn't Run To Fight Loma Hearn: Wilder Must Agree Now, We Won't Wait Until Fury Fight! Joshua: Povetkin Strong, But Didn't Hurt Me In The First Round Photos: Luke Campbell Avenges Loss To Yvan Mendy Dillian Whyte To Anthony Joshua: I'm Here, Ready To Fight Next Photos: Sergey Kuzmin Stops Injured David Price in Four Joshua Wants Wilder-Fury Winner April 13 at Wembley Stadium Photos: Anthony Joshua Blasts Out Povetkin - MEGA Gallery Anthony Joshua: Fans Can Decide My April Foe! Photos: Lawrence Okolie Defeats Matty Askin in a Stinker Photos: Shakhram Giyasov Breaks Down, Stops Laguna Danny Garcia: Porter Loss Was Tough, I Have A lot of Fight Left! Jayson Velez Demolishes Orlando Cruz in Two Rounds Krael Shocks Borrego on Mayweather Card, Bellows is Upset Selina Barrios Dominates Juarez: Wants Taylor, Mayer, Serrano Hearn: Fury is The Most Unentertaining Fighter I've Ever Seen! Anthony Joshua: I Got My Knockout Streak Back Povetkin Credits Joshua For Big Win, Has No Excuses Over Loss Arum Very Interested in Bringing Canelo and Golovkin To ESPN Danny Gonzalez Edges Johnny Hernandez in Tough Fight Hearn: We Want Wilder Now, It's Biggest Fight in World Boxing Firat Arslan, Emre Cukur, Tarik Sozer Victorius in Istanbul Fury Not Impressed With Joshua Win: Biggest Bum I Ever Saw Photos: Tony Bellew, Oleksandr Usyk - Face To Face at Wembley Anthony Joshua-Alexander Povetkin - CompuBox Punch Stats Joshua's Promoter: We'll Try For The Deontay Wilder Fight Again Anthony Joshua Drops, Stops Alexander Povetkin in Seventh
Advertisement

Latest Active Forum Threads
Advertisement
Advertisement