Julio Cesar Chavez Sr. stepped in to possibly spare his son losing out on a $5 million purse by asking Canelo Alvarez to end his winner-takes-all wager.
Canelo, who is the bookies favourite to win, and Chavez Jr. had agreed on live television to put all the money from their May 6 fight in one pot for the eventual victory, although Senior didn’t like the idea and has now moved to put a stop to it.
“I am a man of my word but just for you, because I respect you, we’ll put an end to this, only because of you,” Canelo told Chavez Sr. at the final leg of the press tour in Los Angeles.
Meanwhile, Chavez Sr. went on to predict the winner of the PPV contest will be the fighter will the most balls on the night at the T-Mobile Arena.
“I want to thank everyone who is here, and tell everyone that this fight is for you. Everyone will see a grand, grand fight–and the one who will win is the one with the bigger cajones!
“This fight means a lot, especially for Julio. We all know what Canelo represents in the world of boxing today. We expect a very difficult fight.
“Canelo has always been the stronger fighter inside the ring, but this time we things are going to be a lot different because he’s fighting at a new weight. We don’t know how he will look,” he added.
A win for Chavez Jr. would mean a potential world title shot at 168 pounds later in 2017, whilst Canelo is hoping to prove he belongs above 155 pounds in a bid to tempt Gennady Golovkin into the ring next September.