Golden Boy Gives GGG Final Offer For Canelo Alvarez Rematch

By Staff  |  06/13/2018

Canelo Alvarez vs. Gennady Golovkin

It looks like the anticipated Canelo Alvarez-Gennady Golovkin rematch is in jeopardy, because both sides cannot come to terms.

This week, Golden Boy Promotions said they have made one final offer to GGG's camp, as well as a deadline; and if he doesn't accept, they will move on.

On Tuesday (June 12), Golden Boy president Eric Gomez told ESPN that they've sent over an offer of a 57½-42½ split in Canelo's favor, and if Golovkin doesn't accept it by Wednesday (June 13), they will move on and finalize a deal for a fight against former middleweight titlist Daniel Jacobs on Sept. 15 instead.

"This is final," Gomez said. "We've been through everything. We've been through the hoops, the monkey bars, the slides. No more playing games. He has until noon (PT) to accept or walk away. If he walks away, good luck to him.

"We've gone above and beyond to make this fight happen. Canelo really wants to make this fight happen for the fans. (Golden Boy CEO) Oscar (De La Hoya) really wants to make it for the fans and everyone involved and we're meeting him halfway."

The two fought in an exciting slug fest back in September, which ended in a controversial draw. However, many believed GGG won the fight. At the time, Canelo got the lion's share of a 70-30 split.

A rematch was then set for May 5th, but Canelo (49-1-2, 34 KOs) failed two drug tests in February for the performance-enhancing drug clenbuterol and was suspended for six months by the Nevada State Athletic Commission (NSAC). GGG would go on to face a short-notice replacement, Vanes Martirosyan, in California, and knocked him out in two rounds, after which rematch talks continued for Canelo-GGG 2.

Canelo signed up for year-round Voluntary Anti-Doping Association testing 24/7/365 and then eventually agreed on a 65-35 split in Alvarez's favor. However, weeks later, GGG (38-0-1, 34 KOs) changed his mind, insisting the deal come to an even 50-50 split.

Golden Boy wasn't interested in this counter. Instead, Oscar De La Hoya increased Golovkin's share to 40 percent, but GGG didn't budge. De La Hoya ultimately got Golovkin to lower his ask to 55-45, but Golden Boy would not give him that much, instead agreeing on this final offer of: 57½-42½.

Today is the day. Will GGG accept the offer?