I'm sure Haymon got himself an out clause somewhere in that contract, otherwise Canelo is suing for sure. No promotional team is stupid enough to breach a contract to the tune of $15 million in such a obvious way. The contract will say something like that fights 2 & 3 are subject to reaching agreement on something and PBC are using that to get out. I get your point about Canelo possibly losing confidence in PBC, and I hope you are right re Hearn. I don't think Canelo would flat out refuse to fight - but he's giving the impression that he isn't keen. I figure a prime Canelo can beat Benavidez but I'm wondering whether a) he's declined physically or lost motivation, and/or b) he's reached the stage of his career where he's just cashing in. Hope I'm wrong.
Its mad that so many dont seem to appreciate how shady trying to renegotiate a contract is. Canelo isnt there to bail PBC out and do them a favour. All he asked is for the PBC to honour the agreement which is a fair request and PBC couldnt do so. Canelo didnt do anything different to what every other fighter would have done in the same position.
Not if the escrow stories are true. If Canelo demanded his money be paid into escrow giving the PBC a deadline or the contract becomes null and void then Canelo just walks. He doesnt need to get a judge to determine if his contract was breached when his own team put in the clauses allowing him to get out.
What if they offered him 1 billion to fight Benavidez? I guess he also wouldn't accept it because it was a breach of contract right?
Wtf?? If they offered any fighter three easy fight contract, and each fight was worth 35 million. Then after fight one they said, hey we're now paying you 15 million less for fight two, unless you take a harder one. That's horrible business.
If Renoso is coming out trying to justify why not fighting Benevidez won't affect Canelo's legacy, then they are likely ducking, and plan to duck.
renegotiating contracts is actually very normal. That makes sense for sure. Simply writing in the contract, fights are subject to mutual agreement, covers both sides right? Its not shady at all its common, especially when they wanted to pay him a kings ransom to fight Benavidez
Not at all in boxing. In team sports it does happen though According to sources online, Jermell and Jermall were written into the contract w/ a 3rd fight having a mutually agreed upon opponent. All fights were supposed to pay $35M + PPV upside. Al Haymon and PBC wanted to change the terms - not renegotiate. They were attempting to BREACH the contract. So Canelo walked just like he did when DLH/GBP did the same thing. It wasnt renegotiation it was an attempted breach that resulted in a null/void contract. Whoever said PBC wanted to pay Canelo a "kings ransom" to fight Benavidez?
They tried to reach a mutual agreement for the 3rd fight by making it Benavidez, Canelo refused. You can't claim its a breach when you don't even know the terms of the contract. They were prepared to pay him MORE than in the contract. Canelo refused. How the hell would you know? Are you a boxing manager?
I scanned Dan's twitter what should I be looking for? Please provide a link to the reports you're talking about. There's gonna be all kinds of reports coming out about what happened but to conclude that the deal failed because Canelo didn't want to fight Benavidez is awfly convenient. How do we go from PBC not having enough $$ to guarantee Canelo what they already agreed upon to magically having the funds if only Canelo would agree to fight Benavidez in September? Something isn't adding up with that. But lets say you're right, lets say Canelo didn't want to agree to fight Benavidez for September, what's stopping Benavidez to stay at 168 and FORCE Canelo to fight in September? Cyncicsm on the WBC aside, if he's made mandatory in March, then Canelo would have to fight him by March 2025, he doesn't fight between Oct - March so that means realistically he would have to agree to fight Benavidez in September. And he still would have to in September, even now, even with the PBC falling through, or he would be stripped. I still want to see this fight, and the WBC really should enforce the mandatory and force Canelo to fight Benavidez is September. The wrench in all of this is Benavidez announcing he's moving up to 175 to campaign there, in which case that could cause the WBC to not consider him Canelo's mandatory at 168 any longer, and not enforce the mandatory, if the mandatory is moving to another weight division to campaign there he could lose the ability to force the Canelo fight. And then people are going to try to spin that as someone Canelo was ducking him. But it's Benavidez who has the ability to force the fight. Announcing that he's moving up to 175 creates a problem for those like myself who want to see the fight. Between Benavidez announcing he's moving up to 175 and PBC apparently not having enough $$ to hold up their end of the contractual agreement, I don't think we can really blame Canelo for what is happening here. At the same time, I also don't think Canelo is really that interested in making the Benavidez fight. I'm sure there's plenty of blame to go around, but I don't think we can say Canelo is ducking him given all that is going on around him. He should be forced to fight Benavidez though, as long as Benavidez stays in the division. If he moves up to 175 not just as a one-off fight but to make himself mandatory for Bivol / Beterbiev then I don't think he can be considered the mandatory anymore at 168. That's the issue I have with Benavidez moving up to 175. How can you expect Canelo to commit to fighting him in September to save the PBC deal after Benavidez declared he's moving up to 175 in June?
What about that do you have an issue with? We have Benavidez announcing he's running off to 175, we find out that PBC doesn't have the $$ to pay Canelo, and according to some people this means Canelo is ducking Benavidez? People are trying to reverse engineer this thing to find a way to accuse Canelo of ducking and ignore everything else that's going on around us.
They only thing that is believable right now is PBC can not pay what they agreed to pay. PBC thought the Charlo were actually something. Little Charlo stunk up the joint and then they are trying to sell big Charlo as a PPV event. 35 million plus PPV to fight Jermell Charlo was a huge lose. Jermall will be an even bigger lose. I am with Canelo on this. There was a contract. Work out a brand new one and leverage to your favor. If they can't honor it , walk away.
Multiple far more credible sources in the sport have rubbished that claim but that's the only believable thing to you? Just because Glaser a rabid PBC hater for many years says so? Cool.