Oscar De La HoyaThe head of Golden Boy Promotions is embroiled in disputes with two prominent boxers. De La Hoyaplayed an important role in the formation Canelo Alvarez's Now, with his career over, he is facing accusations of financial impropriety from both companies. Alvarez and Devin Haney.
Tension between De La Hoya and Alvarez Things have been going on since their public breakup, and things escalated during a press conference in May. CaneloFight against Jaime MunguiaAfter the altercation, Canelo claimed that Golden Boy Promotions had cheated him out of a huge amount of money. De La Hoya filed a cease and desist order against Alvareztheir relationship became even more strained.
Oscar De La Hoya makes serious accusations against Canelo Alvarez
To add to De La Hoya's predicament, Devin Haney recently claimed he wasn't getting paid properly. of the pay-per-view revenue from fighting him. Ryan Garcia. Haney has accused De La Hoya of ignoring his calls and withholding payment. During a recent media appearance before the William Cepeda vs. Giovanni Cabrera fight, De La Hoya addressed these allegations, saying both Canelo and Haney are trying to tarnish his and Golden Boy Promotions' reputations.
“The match didn't sell as well as we expected, that's all.” De La Hoya “Canelo, and now Shakur [Stevenson] If you're going to attack my integrity and my company, maybe I have to do something,” De La Hoya said, claiming the actual numbers were lower than Haney believed and asking Haney to review the records to verify the numbers. “They didn't have the track record that Devin Haney thought they had, so I told him, go through my books, you can do whatever you want. You can send 1,000 lawyers to my office and go through everything. I'm not hiding anything. The facts are the facts,” De La Hoya told Fight Hub TV.
Eddie Hearn has spoken out on the issue.
Matchroom Boxing president Eddie Hearn also spoke out on the issue while speaking with Chris Mannix on his podcast. Hearn explained: Haney and Garcia misunderstood the potential revenue. They make their money from pay-per-view revenue from their fights. “I'm sure both of them were disappointed with their numbers, you know what the check was for their last fight,” Hearn said. He also suggested the fighters were mistaken about their potential earnings. “Because people just trick you into thinking how much money you're going to make from a fight,” Hearn added.
in spite of De La Hoya's Though he claims he has met his financial obligations, these allegations cast a shadow over Golden Boy Promotions. Alvarez and Haney, The truth about the actual pay-per-view figures remains unknown.
