By Miguel Rivera
The president of the World Boxing Council, Mauricio Sulaiman, is urging Gennady Golovkin (38-0-1, 34 KOs) to reconsider his position with respect to the negotiations for a rematch with Saul "Canelo" Alvarez (49-1-2, 34 KOs).
The two sides were negotiating the terms for a planned rematch on September 15th in Las Vegas.
But last week the negotiations fell apart, because the two sides are unable to agree on the financial terms.
According to Golovkin's promoter, Tom Loeffler of K2 Promotions, Canelo is holding firm on a financial split of 65-35. Golovkin is looking for something that is more lucrative, an even 50-50 split.
Canelo, and his promoter Golden Boy Promotions, are holding their position strongly - because in their view Golovkin had agreed to a 65-35 split for the planned rematch date of May 5th.
The May date fell apart when Canelo tested positive for the banned substance clenbuterol back in February.
Because of the positive tests, Canelo was forced to withdraw from the rematch and he was hit with a six month suspension from the Nevada State Athletic Commission.
Golovkin, who holds the WBC, IBF, IBO, WBA middleweight titles, feels strongly that because Canelo's testing issues had caused the May event to fall apart - he's now entitled to a higher split.
Sulaiman is not in favor of Golovkin's stance. He wants his middleweight champion to accepts the terms and make the rematch happen.
"What happened is that Golovkin is asking for the modification of an agreement that they agreed upon to fight each other in May. I do not know what amounts [they agreed to], but my feeling is that he is sacrificing pounds for a few cents," said Sulaiman to ESPN Deportes.
"If your interest is to show that you are the best, that you are the champion and will beat Canelo, you have everything ready to sign [the contract] and get into the ring on September 15... that would be the recommendation that I would give to him."