Canelo Alvarez sues DAZN for agreement’s breaching

According to several specialized websites, Mexican boxer Saul Canelo Alvarez has decided to cancel the partnership agreement that linked him to DAZN and the promoter Golden Boy Promotions, focused on promoting boxing events, founded by former boxer Oscar de la Hoya. The agreement with DAZN had originally been run in 2018 for 11 fights in five years, and valued at USD 365 million.

Of the 11 fights, Canelo Alvarez has only completed three: one of them against Rocky Fielding (December 15th, 2018), the second against Daniel Jacobs (May 4th, 2019); and the third facing Sergey Kovalev (November 2nd, 2019). This way, the Mexican has not fought for a year, and a new strategy was rethought, given that Golden Boy Promotions did not hold a fight for him during this last year. For this reason, he sued both the promoter and DAZN. ‘What worried me the most was the delay between fights. What I want is to fight, to continue making history. I have had to make the demand, and I hope that boxers who come behind will realize that our rights have to be deserved as fighters’, said the boxer.

November 2nd was the last time Canelo Alvarez stepped into the ring. According to specialized websites, Alvarez’s next fight was scheduled for May 2nd this year, but had to be canceled due to the Coronavirus pandemic, which banned the possibility of holding sporting events. Since then, only possible dates have been mentioned for him to return to the ring, but none officially. Also in 2018, Golden Boy Promotions had agreed to a five-year agreement extension.

On October 28th, DAZN has officially announced that it will resume its international expansion plans, originally announced in March, in 200 countries and territories, including Latin American countries, as of December 1st. Likewise, in July, as reported by several specialized websites, the platform developed a trial version for users who were interested in trying the platform, to whom a previous registration was requested. Brazil was the first country in Latin America to which the platform arrived, in May 2019. However, the company has recently reduced its operations in the country, in which it decided not to prioritize the acquisition of new sports rights, due to the impact of the Coronavirus pandemic.