The apparent moving of the goalposts in negotiations for a second super-fight between middleweight giants Gennady Golovkin and Canelo Alvarez is threatening a stalemate.
Golovkin’s desire to renegotiate his slice of the pie following Canelo’s failed drug test has not gone down well with Golden Boy’s Oscar De La Hoya.
De La Hoya agreed a 35% split of the pot with Golovkin’s promoter Tom Loeffler for the May 5th rematch, which was eventually called off due to a failed drug test and subsequent suspension for Canelo.
Due to Golovkin blaming Canelo for the cancellation of the originally agreed clash, and forcing Loeffler to rearrange a fight elsewhere at short notice, ‘GGG’ now wants an increased stake for a future deal.
So far, De La Hoya hasn’t been impressed by Golovkin’s move and seems content to begin negotiations with the likes of Danny Jacobs, Billy Joe Saunders and Jermall Charlo for September.
Irishman Gary O’Sullivan still remains the favorite in order for Canelo to shake off a year’s worth of ring rust, although a massive fight with Golovkin on Cinco de Mayo 2019 remains in serious jeopardy unless a compromise is reached.
Loeffler and Golovkin are said to want a straight 50-50 split, whilst De La Hoya may well be susceptible to accepting 60-40 if his rivals were willing to back down.
As things currently stand, Canelo may decide to move forward with the O’Sullivan fight and line up either Jacobs, Saunders or Charlo for his big Las Vegas outing next year.
With Golovkin ordered by the IBF to face Sergiy Derevyanchenko, it puts the Kazakh in a tough position as he’s unable to begin a bidding war with the same opponents.
One possibility could be to move up to 168 pounds and challenge one of the champions there, leaving Canelo free to try and mop up his leftovers – but basically meaning the contest would be off for the foreseeable future.
Despite wanting every title at 160 pounds, Golovkin is fast running out of mandatory time, with De La Hoya and Eric Gomez well aware of this fact and in no mood to stop playing hardball.
Phil Jay is Editor of World Boxing News. Follow on Twitter @PhilDJay