Alvarez is coming off a unanimous decision win over Jaime Munguia, retaining his Undisputed Super Middleweight Title. Before and after the fight, Canelo maintained that he would fight Benavidez for a big purse. The current figure is $200 million. The Saudis are the only ones capable of putting up this big purse.
However, they have shown reluctance, with reports that they want Canelo to fight Terence Crawford instead of Benavidez. The PPV numbers for the Munguia fight have been mentioned, with reports indicating around 500,000 buys. If Alvarez wants to justify solid guarantees, he may have to box Benavidez.
“If in fact the #CaneloMunguia PPV number is the purported 500,000 to 550,000, the good news for #Boxing enthusiasts is that translates to #Canelo must fight #Crawford & #Benavidez types to continue to earn the purses he’s been receiving!!! Reality is if that number is correct, it’s another #PBC financial bloodbath!!!” Rick Glaser said.
Benavidez has been the WBC Interim Super Middleweight Champion for over two years. The WBC has not enforced the mandatory fight, nor have they stripped Canelo, allowing Alvarez to hold up the division. If Canelo did not have all the belts, there would be less criticism over who he chooses to fight.
“Regarding the #CaneloMunguia PPV numbers, keep this in mind — Canelo went through a bidding war with various platforms/promoters who guaranteed him his money. For him, this really doesn’t matter. You really had a bidding war to see who could say that they had the services of Canelo – and really, the right to lose money. (But hey, we got Canelo!!)
“Based on the guarantees that have been reported, and with the PPV results that have been mentioned, I wonder when the last time one of his PPV events actually turned a profit was (GGG rematch?). But hey, it’s all good. Canelo is getting his money, regardless. And we still get to live vicariously through him,” Steven Kim, reporter.
Eddie Hearn remains confident that Canelo will box Benavidez over Crawford. The Matchroom promoter recalled the Mexican’s comments that he would get no credit for beating a 147-pound fighter. However, Canelo has shown he can backtrack on his comments. He initially ruled out Benavidez, saying he does not fight Mexicans since he represents Mexico. That decision was overturned when he fought Munguia. Since the Saudis are putting on the biggest fights, Canelo may not get the break from fans that he may have previously received.
“I think that he would pick Benavidez over Crawford because he knows he would get the credit for that victory. Whereas he might not for fighting a guy [Crawford] that is three or four divisions lower,” Hearn revealed.
Alvarez is coming off a unanimous decision win over Jaime Munguia, retaining his Undisputed Super Middleweight Title. Before and after the fight, Canelo maintained that he would fight Benavidez for a big purse. The current figure is $200 million. The Saudis are the only ones capable of putting up this big purse.
However, they have shown reluctance, with reports that they want Canelo to fight Terence Crawford instead of Benavidez. The PPV numbers for the Munguia fight have been mentioned, with reports indicating around 500,000 buys. If Alvarez wants to justify solid guarantees, he may have to box Benavidez.
“If in fact the #CaneloMunguia PPV number is the purported 500,000 to 550,000, the good news for #Boxing enthusiasts is that translates to #Canelo must fight #Crawford & #Benavidez types to continue to earn the purses he’s been receiving!!! Reality is if that number is correct, it’s another #PBC financial bloodbath!!!” Rick Glaser said.
Benavidez has been the WBC Interim Super Middleweight Champion for over two years. The WBC has not enforced the mandatory fight, nor have they stripped Canelo, allowing Alvarez to hold up the division. If Canelo did not have all the belts, there would be less criticism over who he chooses to fight.
“Regarding the #CaneloMunguia PPV numbers, keep this in mind — Canelo went through a bidding war with various platforms/promoters who guaranteed him his money. For him, this really doesn’t matter. You really had a bidding war to see who could say that they had the services of Canelo – and really, the right to lose money. (But hey, we got Canelo!!)
“Based on the guarantees that have been reported, and with the PPV results that have been mentioned, I wonder when the last time one of his PPV events actually turned a profit was (GGG rematch?). But hey, it’s all good. Canelo is getting his money, regardless. And we still get to live vicariously through him,” Steven Kim, reporter.
Eddie Hearn remains confident that Canelo will box Benavidez over Crawford. The Matchroom promoter recalled the Mexican’s comments that he would get no credit for beating a 147-pound fighter. However, Canelo has shown he can backtrack on his comments. He initially ruled out Benavidez, saying he does not fight Mexicans since he represents Mexico. That decision was overturned when he fought Munguia. Since the Saudis are putting on the biggest fights, Canelo may not get the break from fans that he may have previously received.
“I think that he would pick Benavidez over Crawford because he knows he would get the credit for that victory. Whereas he might not for fighting a guy [Crawford] that is three or four divisions lower,” Hearn revealed.