Oscar De La Hoya: Canelo Alvarez 'Very Close To Signing a Deal'

By Manouk Akopyan 

Oscar De La Hoya and Golden Boy are getting close to announcing what’s next for boxing’s biggest superstar in Canelo Alvarez.

“We have several choices. We will announce it shortly. We’re very close to signing a deal,” De La Hoya told

“Nowadays when you throw a fighter's name out there, it makes it impossible to negotiate. That fighter then thinks that his stock climbed like there’s no tomorrow. There’s so much money now in boxing being thrown around to fighters that you have to be careful who you mention. I can assure you that the public will be happy with what we will announce.”

 canelo-alvarez (2)_26

When De La Hoya was pressed to see if Alvarez’s next opponent is the much-discussed Sergey Kovalev, he compared negotiations around Canelo’s next fight to a high stakes card game in Las Vegas.

“It’s like playing poker while showing your hand. It makes it impossible. Canelo is the cash cow, and everyone knows of the deal I got him with DAZN, the richest sports deal in history. It makes it a little more difficult,” said De La Hoya. “That’s why we don’t go after one opponent, but several at the same time. Whoever wants to take the deal and make history to fight Canelo, than we have fighters to choose from.”

Alvarez (52-1-2, 35 KOs) has made it clear in recent months that he wants to move up two divisions and fight the WBO light heavyweight champion Kovalev (34-3-1, 29 KOs). While he was promoting his fight against Daniel Jacobs earlier this year, Alvarez already had his sights set on the 175-pound weight class. After he beat Jacobs in May, he realigned his intentions toward Kovalev, who was tied down to a mandatory defense of his title against Anthony Yarde in August.

Before Kovalev defeated Yarde, Kovalev manager Egis Klimas told that, “Canelo has stated he doesn’t want to fight anybody else. He wants to fight Kovalev. He’s waiting right now on this fight result. The fight against Yarde is a big motivation for Sergey, too. Winning this fight against Yarde will lead him to Alvarez and it’s almost like putting the signature on the contract to Alvarez.” reached out to Kovalev’s promoter Kathy Duva on Saturday, but the head of Main Events said she had no comment on any of the current negotiations around Alvarez and Kovalev.

De La Hoya, a former six-division champion, said he’s doing his best to help enable the biggest star in the sport in his quest to compete at 160, 168 and 175.

“I wouldn’t recommend him fighting at light heavyweight, but he wants to make history. There’s a reason fighters don’t jump divisions. It’s because it’s difficult,” he said. “You have to commend him for wanting to make history. That’s why he’s the best in the planet, because he takes risks and challenges.

“Boxing and boxers have changed. Fighters don’t want to take risks anymore—at least the risks we once took in the past. Canelo can handle that weight and power. He’s a strong and thick kid.”

A fight between Alvarez and Kovalev seems like a formality. The date discussed is Nov. 2. The location was pegged to be the T-Mobile Arena in Las Vegas, but the NHL's Golden Knights are playing at the venue that night, which in turn could shift the bout to another Vegas venue like the MGM Grand. The only issues that likely remain is how much money Kovalev will exactly earn in a life-altering payday.

A good time to finally announce the fight would be during Mexican Independence Day Weekend—a date De La Hoya has long owned, and his since, passed on to Alvarez.

Golden Boy already has a fight card headlined by Jaime Munguia and Ryan Garcia on Sept. 14 in Carson, Calif.

It should use that event and date to finally re-introduce the fighter who should have been headlining the holiday all along.

Manouk Akopyan has been a member of the Boxing Writers Assn. of America since 2011 and has written for the Los Angeles Times, USA Today, the Guardian and Philadelphia Inquirer. He can be reached on Twitter, Instagram, LinkedIn and YouTube at @ManoukAkopyan or via email at [email protected].

User Comments and Feedback
Comment by Curtis Harper on 09-11-2019

[QUOTE=turnedup;20047988]Now? Where you living under a rock for the past three years? The rest of us have been saying he’s ripe for the picking a lot of people here called Eleider beating him before it happened. This isn’t new..well maybe…

Comment by AKAcronym on 09-11-2019

[QUOTE=MaksBox;20051150]So he was at the fitness clubs doing cardio and lifting weights.[/QUOTE] Oh ok. Still though, I don't like that quick of a turnaround for a fighter that age.

Comment by MaksBox on 09-11-2019

[QUOTE=AKAcronym;20050966]Was he actually training or were they more like demonstrations for the people there?[/QUOTE] So he was at the fitness clubs doing cardio and lifting weights.

Comment by MDPopescu on 09-11-2019

[QUOTE=MaksBox;20050944]He was doing live streams from the gym and his boxing gyms in Russia, while he is there.[/QUOTE] ... he is on holiday in Russia, he's not training... :)

Comment by hmc87 on 09-11-2019

[QUOTE=AKAcronym;20050705]How many times does this **** need to be said.... Sick of you guys continually spouting bull**** on this site.[/QUOTE] All of those things happened, kid. Including when former trainer said Canelo won Sup?

Top Headlines
Jimmy Kelly Jr. Inks Promotional Pact With Greg Cohen Hunter vs. Povetkin Clash In Works For Ruiz-Joshua II Undercard Taylor vs. Serrano At MSG Theater is Targeted By Hearn, DiBella Munguia: I Don't Know If This Is My Last Fight At 154 Pounds Terry Flanagan vs. Michael Ansah Set Down For October 11 Promoter: The Sky is Now The Limit for Otto Wallin British Boxing News: Conlan-Nikitin II, Natasha Jonas, More Lamont Roach Extends Pact With Golden Boy Promotions Alamo vs. Moran Kicks Off Telemundo Fall Season Parker, Should He Beat Chisora, Wants Rematch With Whyte Jarrell Miller Acknowledges ESPN Talks, Still Open To DAZN Return Crawford: Kavaliauskas Can Fight, No Matter What's Said Hearn: I Want To Thank Bob Arum For All The Publicity Tyson Fury's Cutman: That Was Worst Cut That I've Ever Seen Al Siesta Enters Russian Boxing with Troyanovskiy and KOntender Warren: Fury Won With Serious Injury, Does Not Affect His Standing Tetteh Feels Dubois Overlooking Him Like Joshua Did Ruiz Chavez Jr. Says a Deal To Fight Daniel Jacobs is 'Close' For 12/14 David Haye Reacts To Tyson Fury's Win in Vegas, Talks Cut Chris Algieri Reacts To Tyson Fury's Win, Talks Cut Eastern Europe Update: Churbanov, Perez, Tischenko, More Arum: If Fury Underestimated Wallin, Would've Lost Serrano: Hardy is a Warrior, She Came And Stood For 10 Rounds Wallin: Fury Stole Some Rounds, But A Fair Decision Arum: Fury's Cut Shouldn't Push Back Wilder Rematch Fury's Trainer Hits Back at John Fury's Plea To Fire The Team Nadjib Mohammedi, Firat Arlsan, Mariusz Wach Pick Up Wins Tyson Fury: Doctors Did Fantastic Job, Got Fifty Stitches Jessica McCaskill vs. Erica Farias Rematch on Usyk-Spong Ryan Garcia: This Was Chance To Stand My Ground, Get Respect Otto Wallin's Promoter: We Have A New Top Heavyweight Frank Warren Admits Fury's Cuts Could Delay Wilder Rematch How Billy Walsh is Reviving United States Olympic Hopes Fury: Cut Changed The Fight, I Could Not See Out of That Eye Jaime Munguia Beats Down Patrick Allotey For TKO Win Haney: If I'm So Easy, No-Machenko Should Get Me Out The Way Tyson Fury Suffers Severe Cut, Decisions Otto Wallin Jose Zepeda Wins Big, Decisions Jose Pedraza Emanuel Navarrete Batters, Stops Juan Miguel Elorde Andre Ward Reacts To Tyson Fury's Win, Talks Cut
Latest Forum Threads