How will the All-Star Boxing lawsuit affect Canelo Alvarez's career?
By Hector Franco
It’s been five years in the making. With all the talk of Canelo Alvarez dropping the WBC version of the middleweight title, there was a situation waiting in the background. As reported and covered by boxingscene.com, All-Star Boxing will finally be taking Canelo Alvarez and Golden Boy to court. Fans may be wondering how this affects negotiations for a bout with Gennady Golovkin. We know by now that two of the reasons that Alvarez dropped the WBC title was to avoid a 55/45 purse split and to avoid a purse bid entirely. Golden Boy and K2 only had until May 24th to come up with some kind of agreement. This All-Star Boxing lawsuit could turn out to be a career-changing moment in Alvarez’s career.
This lawsuit has its roots from back in 2011. This was the year that Alvarez faced off against Matthew Hatton for the vacant WBC junior middleweight title. At the time this lawsuit was first brought up it was dismissed as a small promotional company trying to make its name off of Golden Boy. From September 2008 to December 2009 Alvarez fought nine times under the All-Star Boxing banner. All-Star is claiming that Alvarez signed with Golden Boy as a breach of contract. Felix ‘Tutico’ Zabala Jr. and Alejandro Brito who is lead counsel for All-Star Boxing had this to say to boxingscene.com last week regarding the case.
Since signing with Golden Boy Promotions Canelo Alvarez has participated in some of the biggest fights in boxing history. His 2013 bout with Floyd Mayweather sold over 2.2 million PPV buys. This along with his PPV bouts with Miguel Cotto, Amir Khan, Alfredo Angulo and Erislandy Lara only add to All-Star Boxing’s case. All-Star Boxing's lawsuit has three facets. They are taking Canelo Alvarez to court for breach of contract and unjust enrichment. They are taking Golden Boy Promotions to court for tortious interference.
What this means for Alvarez and Golden Boy is that all these events and earnings that have come there way since 2011 only add to All-Star Boxings case for compensatory damages. What could come of this is a judge ruling in the favor of All-Star Boxing. If this happens Canelo Alvarez’s contracts with both Golden Boy and HBO will end. For now, All-Star Boxing is just worried about Golden Boy and Alvarez.
Depending on how this case is ruled it could change a portion of the boxing landscape. Canelo Alvarez is arguably the biggest star in boxing at the moment. If he were forced to leave Golden Boy and HBO, would he want to even continue fighting under All-Star Boxing? Fans will have to wait until more details come out about the case. Any talks of a fight between Canelo Alvarez and Gennady Golovkin need to take a backseat to this lawsuit. Many will see this as just a money grab by a small promotion, but if it turns out to be more than that boxing could see a long delay in the career of one of it’s biggest stars.
Donovan, J. (2016, May 23). No More Delays: All-Star Boxing Gets Day in Court Versus Canelo. Retrieved May 24, 2016, from http://www.boxingscene.com/no-more-delays-all-star-boxing-gets-day-court-versus-canelo--104890
Donovan, J. (2016, May 24). Canelo, Golden Boy Dig in for Lengthy Court Battle with All-Star. Retrieved May 24, 2016, from http://www.boxingscene.com/canelo-golden-boy-dig-lengthy-court-battle-with-all-star--104920
Donovan, J. (2016, May 25). Jurors Set For All-Star Boxing vs. Canelo/Golden Boy Lawsuit. Retrieved May 25, 2016, from http://www.boxingscene.com/jurors-set-all-star-boxing-vs-canelogolden-boy-lawsuit--104979
(Featured Photo: Naoki Fukuda)