London Daily

Focus on the big picture.
Friday, Oct 03, 2025

Canelo Álvarez demanda a De La Hoya y DAZN

Canelo Álvarez sues De La Hoya and DAZN

Canelo Álvarez filed a lawsuit in federal court, alleging breach of contract by the streaming service DAZN, the promoter Golden Boy and its executive director Óscar De La Hoya. The Mexican boxing star claims 280 million dollars for alleged losses.
The complaint, filed before the Federal Court in Los Angeles, argues that De la Hoya and DAZN have not complied with the terms of the $365 million contract for 11 fights that Álvarez signed two years ago.

Álvarez, one of the most popular boxers and 'king' of the medium and light heavy divisions, has not been able to fight this year due to the coronavirus pandemic. His last victory came in November, when he knocked out Sergey Kovalev in 11 rounds to become the new light heavyweight world champion.

The 30-year-old Mexican has been dissatisfied with the course of negotiations to get new rivals and bags. His representatives maintain that he wants to fight this year, but that Golden Boy has not been able to finalize a fight that ensures a pay of 30 million dollars per commitment, which is what is agreed in his contract.

This lawsuit is due to the breach of the most lucrative contract in the history of boxing and one of the most lucrative in the entire sport.

After extensive discussions between the parties, DAZN offered to pay Álvarez and Golden Boy Promotions a fraction of the 40 million license in cash and a portion of DAZN's shares as advancement to a potential debut on the stock market (with a initial public offering (IPO).

However, the full value of the offer - for a fight with another world champion - was substantially less than Alvarez's contractual guarantee.

Alvarez (53-1-2) has made three of the 11 fights under his contract.

"I am the world's number one pound for pound," Alvarez said in a statement released Tuesday night. "I am not afraid of any opponents in the ring, and I will not let the failures of my distribution platform or promoters keep me out of the ring."

"I sued, so I can now go back to boxing and give my fans the fights they deserve," he added.

DAZN released a statement that the company does not discuss legal matters, but is aware of the lawsuit.

Golden Boy said in another statement that the promoter company "does everything possible to make the fights come true", even though the contract gives it the power to wait until the pandemic ends.

"We remain ready, willing and able to make a fight for Canelo as soon as possible," he added.
Newsletter

Related Articles

0:00
0:00
Close
Trump Administration Launches “TrumpRx” Plan to Enable Direct Drug Sales at Deep Discounts
Trump Announces Intention to Impose 100 Percent Tariff on Foreign-Made Films
Altman Says GPT-5 Already Outpaces Him, Warns AI Could Automate 40% of Work
Singapore and Hong Kong Vie to Dominate Asia’s Rising Gold Trade
Trump Organization Teams with Saudi Developer on $1 Billion Trump Plaza in Jeddah
Manhattan Sees Surge in Office-to-Housing Conversions, Highest Since 2008
Switzerland and U.S. Issue Joint Assurance Against Currency Manipulation
Electronic Arts to Be Taken Private in Historic $55 Billion Buyout
Thomas Jacob Sanford Named as Suspect in Deadly Michigan Church Shooting and Arson
Russian Research Vessel 'Yantar' Tracked Mapping Europe’s Subsea Cables, Raising Security Alarms
New York Man Arrested After On-Air Confession to 2017 Parents’ Murders
U.S. Defense Chief Orders Sudden Summit of Hundreds of Generals and Admirals
Global Cruise Industry Posts Dramatic Comeback with 34.6 Million Passengers in 2024
Trump Claims FBI Planted 274 Agents at Capitol Riot, Citing Unverified Reports
India: Internet Suspended in Bareilly Amid Communal Clashes Between Muslims and Hindus
Supreme Court Extends Freeze on Nearly $5 Billion in U.S. Foreign Aid at Trump’s Request
Archaeologists Recover Statues and Temples from 2,000-Year-Old Sunken City off Alexandria
China Deploys 2,000 Workers to Spain to Build Major EV Battery Factory, Raising European Dependence
Speed Takes Over: How Drive-Through Coffee Chains Are Rewriting U.S. Coffee Culture
U.S. Demands Brussels Scrutinize Digital Rules to Prevent Bias Against American Tech
Ringo Starr Champions Enduring Beatles Legacy While Debuting Las Vegas Art Show
Private Equity’s Fundraising Surge Triggers Concern of European Market Shake-Out
Colombian President Petro Vows to Mobilize Volunteers for Gaza and Joins List of Fighters
FBI Removes Agents Who Kneeled at 2020 Protest, Citing Breach of Professional Conduct
Trump Alleges ‘Triple Sabotage’ at United Nations After Escalator and Teleprompter Failures
Shock in France: 5 Years in Prison for Former President Nicolas Sarkozy
Tokyo’s Jimbōchō Named World’s Coolest Neighbourhood for 2025
European Officials Fear Trump May Shift Blame for Ukraine War onto EU
BNP Paribas Abandons Ban on 'Controversial Weapons' Financing Amid Europe’s Defence Push
Typhoon Ragasa Leaves Trail of Destruction Across East Asia Before Making Landfall in China
The Personality Rights Challenge in India’s AI Era
Big Banks Rebuild in Hong Kong as Deal Volume Surges
Italy Considers Freezing Retirement Age at 67 to Avert Scheduled Hike
Italian City to Impose Tax on Visiting Dogs Starting in 2026
Arnault Denounces Proposed Wealth Tax as Threat to French Economy
Study Finds No Safe Level of Alcohol for Dementia Risk
Denmark Investigates Drone Incursion, Does Not Rule Out Russian Involvement
Lilly CEO Warns UK Is ‘Worst Country in Europe’ for Drug Prices, Pulls Back Investment
Nigel Farage Emerges as Central Force in British Politics with Reform UK Surge
Disney Reinstates ‘Jimmy Kimmel Live!’ after Six-Day Suspension over Charlie Kirk Comments
U.S. Prosecutors Move to Break Up Google’s Advertising Monopoly
Nvidia Pledges Up to $100 Billion Investment in OpenAI to Power Massive AI Data Center Build-Out
U.S. Signals ‘Large and Forceful’ Support for Argentina Amid Market Turmoil
Nvidia and Abu Dhabi’s TII Launch First AI-&-Robotics Lab in the Middle East
Vietnam Faces Up to $25 Billion Export Loss as U.S. Tariffs Bite
Europe Signals Stronger Support for Taiwan at Major Taipei Defence Show
Indonesia Court Upholds Military Law Amid Concerns Over Expanded Civilian Role
Larry Ellison, Michael Dell and Rupert Murdoch Join Trump-Backed Bid to Take Over TikTok
Trump and Musk Reunite Publicly for First Time Since Fallout at Kirk Memorial
Vietnam Closes 86 Million Untouched Bank Accounts Over Biometric ID Rules
×