There's more to it than that. The IBF had already warned him not to fight Vanes and were ready to strip him if the fight went ahead. Tom Loffler pleaded with them to grant Golovkin an exception. IBF grants Golovkin exception to fight Martirosyan Once Alvarez, the WBC's mandatory challenger, was out of the fight on May 5, Derevyanchenko's team pressed for him to get his mandatory shot next, but Golovkin's side showed no interest in trying to make the fight So the IBF could have stripped Golovkin for taking part in a fight against Martirosyan that it refused to sanction. But Golovkin promoter Tom Loeffler had the right to seek an exception and on April 20 he paid a $20,000 fee to the IBF for it to consider his request so GGG could face Martirosyan on May 5 without losing his belt. We all know there as no way GGG was going to fight Sergiy in between Vanes and Canelo. He went through with that fight fully knowing he would be stripped. Once the Vanes fight was finished he was stripped for refusing to honor the prior agreements he made to fight Sergiy. In other words - stripped for not facing Sergiy. . In other words - a duck! You are a liar. You lied about Sergiy not wanting the fight and lied about HBO claiming the fight was only worth $1M. Sergiy Derevyanchenko also wants to step in for Alvarez, however, and the unbeaten Ukrainian is the mandatory challenger for Golovkin’s IBF middleweight title. Lou DiBella, Derevyanchenko’s promoter, has petitioned the IBF to either force Golovkin to defend its title against Derevyanchenko (12-0, 10 KOs) on May 5 or strip the Kazakh knockout artist of that title. It is the IBF’s turn in its rotation with the WBA and WBC for Golovkin to make a mandatory defense (the IBO doesn’t order mandatory defenses). Golovkin (37-0-1, 33 KOs) hasn’t made a mandatory defense of his IBF belt since knocking out Dominic Wade in the second round of their April 2016 bout in Inglewood, California.