Canelo Alvarez and Gennady Golovkin are now set for their highly anticipated rematch. However, the match may have never come to fruition if Golden Boy Promotion’s Oscar De La Hoya didn’t pull money from his own pockets.
Alvarez and “GGG” first faced off inside the T-Mobile Arena in Las Vegas, Nev. back in 2017. The fight ultimately ended in a highly controversial draw, leaving boxing fans hungry for a rematch.
The two pugilists were then set to throw down at Cinco de Mayo. However, Alvarez failed a sting of drug tests for what he claims was caused by contaminated Mexican beef.
Following intense negotiations, the rematch has since been rescheduled for September 15 inside the same T-Mobile Arena. Speaking to TMZ Sports, promoter Oscar De La Hoya revealed that he had to pay millions of dollars to Gennady Golovkin in order to “bridge the gap” for the fight negotiations.
“I actually came out with my own money to bridge the gap and make this fight happen. So I’m down a few dollars, but it’s alright.”
“Triple G wanted a bigger piece of the pie. It was a matter of a few million dollars. I couldn’t get it from Canelo’s side because he was going to stick to his guns on how much he’s making, so I had to come up with the difference. I had to do it for the fans and for myself. I want to see this fight.”