Canelo agrees to NAC suspension for drug test failure

April 18, 2018

At Wednesday’s Nevada Athletic Commission disciplinary hearing, Canelo Alvarez entered into an Adjudication Agreement agreeing to a six month suspension of his boxing license for failing two drug tests with the presence of the banned substance Clenbuterol.

MMA Payout has obtained a copy of the Adjudication Agreement from the NAC via public records request:

Saul Alvarez – Adjudication Agreement – Signed by JASONCRUZ206 on Scribd

Payout Perspective:

The six-month suspension seems fair considering Alvarez denies wrongdoing but decided not to defend his claims.  The suspension, convenient or not, allows Alvarez to return to the ring in September right around the time of Mexican Independence Day weekend – a traditional boxing PPV date.  The Agreement includes a paragraph citing that Alvarez denies intentionally taking Clenbuterol and another indicating he believes the cause was due to contaminated meat.  Regardless, this gives Alvarez the spring off to get ready for September.  Will there still be bad blood between Alvarez and the commission if/when he’s allowed to concern?  Or, will Golden Boy put it past them when their fighter comes back (and decides the venue of the event) considering the amount of money they’ll make when Canelo finally gets in the ring with GGG.

Canelo withdraws from May 5th rematch with GGG

April 3, 2018

Golden Boy Promotions announced today that Canelo Alvarez has withdrawn from the fight against Gennady Golovkin.  Alvarez was temporarily suspended by the Nevada Athletic Commission due to failing a pair of drug tests for the banned substance clenbuterol.

An April 18th hearing was schedule to determine the fate of the rematch between Alvarez and GGG.  The NAC sought to suspend Alvarez for 1 year due to the failed tests.

Alvarez and his promoters made the withdrawal official via conference call with the media on Tuesday.  Alvarez maintained his innocence that he is a clean fighter that does not use PEDs.

Their first fight drew $27 million in live-gate earnings and an estimated 1.3 million PPV buys.  Despite the belief that the NAC would not derail a rematch which drew so well this past September, the NAC took the test failures seriously.

Alvarez claims that the failed tests were due to tainted meat he consumed while training in Mexico.

GGG wants to fight on May 5th and a replacement for Alvarez is taking place.  The event on May 5th is likely to be moved from the T-Mobile Arena to the MGM Grand which is a smaller venue.

Alvarez’s one-year suspension with the NAC will date back to his first positive test on February 17.

Payout Perspective:

This is a shocking development and a blow for boxing fans as many had anticipated this rematch.  Withdrawing from the fight is interesting as it ensures that Canelo will not fight in Vegas until 2019.  We will see if this strains ties between Golden Boy and the NAC if/when Golden Boy decides to promote fights.  While Vegas is the de facto place for big fights, the commission’s stance to file an official Complaint against Alvarez may have the promotion look to New York or another venue for events.  HBO PPV is also a loser here as any replacement for Canelo will not draw as many buys as a the Canelo-GGG II PPV would have produced.

Official complaint filed against Canelo Alvarez, NAC hearing set for April 18th

March 29, 2018

Executive Director Bob Bennett of the Nevada Athletic Commission has indicated that he has completed his investigation of the Canelo Alvarez drug-test failures for clenbuterol and filed an official complaint against Alvarez putting into doubt the Mexican superstar’s rematch with Gennady Golovkin.

According to Lance Pugmire of the LA Times, the NAC is seeking a one year suspension.

Alvarez is temporarily suspended pending a disciplinary hearing scheduled for April 18th.  A planned hearing to extend his temporary suspension has been canceled.

Alvarez blames tainted meat in Mexico as a reason for the drug test failures.  Since the findings, Alvarez has moved his training camp to the United States.

Despite past evidence that tainted meat can lead to a positive drug test, GGG’s camp has remained skeptical.

Payout Perspective:

The news is drawing concern from fans about the prospects that the huge Cinco de Mayo showdown will be nixed due to the findings.  Requests for ticket refunds for the fight are becoming more and more a possibility.  With the hearing so close to the fight, it will be a cliffhanger for both Canelo and GGG as to whether a huge, big money fight will be canceled.

Golden Boy Boxing on ESPN draws 407,000 viewers

March 27, 2018

Golden Boy Boxing on ESPN Saturday night drew 407,000 viewers Saturday night.  The event headlined by Jose Martinez and Alejandro Santiago garnered 104,000 viewers in the A18-49 demo according to Nielsen via ShowBuzz Daily.

The telecast aired about the same time as the Elite Eight game between Florida State and Michigan.  The NCAA game on TBS drew 9.713 million viewers and 3.9 million viewers in the A18-49 demo.

Also, on Saturday was HBO Boxing with an afternoon telecast that replayed again on Saturday night.

Payout Perspective:

As with the HBO telecast, Saturday was a hard afternoon/night to compete with NCAA basketball as both boxing events did not draw that many viewers.

April 10th NAC hearing to determine Canelo-GGG II after Alvarez temporarily suspended

March 23, 2018

ESPN reports Canelo Alvarez has been temporarily suspended by the Nevada Athletic Commission after testing positive for the banned substance clenbuterol.  A hearing on April 10th will determine the fate of the rematch between Canelo and Gennady Golovkin.

Alvarez tested positive for clenbuterol in random urine tests conducted by the Voluntary Anti-Doping Association in Mexico on February 17th and February 20th.  Per commission regulations, the suspension was issued.  Alvarez claims that the positive tests were from eating contaminated beef due to a substance included in cattle feed because it helps reduce fat and increase lean muscle mass.  The substance is banned in the United States.

After the positive tests, the commission has required that Canelo take more tests as well as submit to questioning at the April 10th hearing.

The rematch with GGG set for May 5th is in jeopardy based on the commission findings next month.

Payout Perspective:

Cynically, we all feel that the commission will not step in the way of a fight that drew 1.3 million PPV buys and a gate of over $27 million.  If the commission granted Floyd Mayweather and Conor McGregor to change the size of their boxing gloves a couple weeks prior to the fight, I think your hotel reservations for Cinco de Mayo weekend are safe.  While the two positive tests may be of concern, I would think that Canelo and his camp will be able to devise a good explanation (backed by some evidence) regarding the positive tests.

GGG-Canelo set for May 5th

January 29, 2018

Gennady Golovkin and Canelo Alvarez have agreed to a rematch on May 5th at the T-Mobile Arena in Las Vegas.  The event hopes to replicate September’s entertaining matchup which ended in a majority draw.

HBO made the announcement on Monday. The first event drew 1 million buys and its anticipated that this rematch would do as well as the first meeting of the middleweights.

The event will be co-promoted by GGG’s promoter Tom Loeffler and Alvarez’s promoter Golden Boy.

Payout Perspective:

The event should be huge considering it is being held on Cinco de Mayo and with Alvarez being from Mexico and GGG being trained by Abel Sanchez and fighting the “Mexican” style, it’s clear that this will be a boon for business.  Canelo is an established PPV draw and the added intrigue of a rematch with GGG should make this fight one of the biggest in PPV boxing history.

2017: The year in boxing

January 6, 2018

2017 was a great year for boxing which saw some great fights and the spectacle that was Mayweather-McGregor.

The year started off with the talk about Mayweather-McGregor as the UFC’s lightweight champion stirred the pot by going on a rant on Instagram where he wrote “F*** the UFC.”  Dana White warned that if Conor went on without the UFC it would be an “epic fall.”

January also saw Al Haymon get a court victory with a dismissal of Golden Boy’s Antitrust lawsuit.  In a ruling which did not include oral argument, the Judge determined that Golden Boy did not come fort with genuine issues of fact to support its claims.  Most importantly, and a word of caution for the Plaintiffs in the UFC Antitrust lawsuit, the Judge reiterated that the antitrust laws protect competition, not competitors.

Although Golden Boy suffered the loss in court, it inked a deal with ESPN with 42 fights airing on ESPN starting in March 2017.  As the prevailing party, they requested legal costs in the amount nearing $35,0000.  Golden Boy appealed the dismissal but it appears that the sides resolved the case as the appeal was dismissed by agreement of the parties.

The Deontay Wilder-Alexander Povetkin/World of Boxing lawsuit went to trial in February and it did not take long for a jury to decide that Povetkin took Meldonium after January 1, 2016.  However, the case continues with the parties litigating the other claims as well as the issue who receives the millions of dollars that has been placed in escrow.

Wilder was also sued by rival Dominic Breazeale for a hotel melee.  The case was thrown out as the episode happened in Alabama but Breazeale sued in California.

Showtime Boxing had the highest rating of 2017 with Adrian Broner taking on Adrian Granados drawing 779,000 viewers.  The fight also aired on Twitter as the service continued to expand its offering of streamingClaressa Shields became the first female boxer to headline an event on premium network television. In March.

The GGG-Daniel Jacobs PPV drew between 130-150K PPV buys.  GGG’s next PPV appearance against Canelo would draw much higher as the draw drew 1.2 million buys.  The fight also had a higher price tag than usual:  $79.99 HD.  A rematch for May 2018 seems imminent.

March saw the second highest-rating for network viewership as Keith Thurman faced Danny Garcia in the battle of unbeatens on CBS.  The fight drew 5.1 million viewers while the overall telecast drew 2.7 million viewers.

After going through a lot of money, the viability of the PBC obtaining a media rights deal was brought into question.  Its deal with Spike TV ended but the organization found a home on FS1.

In 2017, it seemed as those everyone applied for a boxing license:  Conor, Nate Diaz, Cyborg…

Anthony Joshua faced Vladimir Klitschko in one of the biggest fights of the year.  The event aired live on Showtime and tape delay on HBO.

May’s Canelo Alvarez-Julio Cesar Chavez, Jr. PPV drew 1.3 million buys and its replay on HBO drew 769,000 viewers.

In May, we took a look at where was Boxing’s next PPV star.  Aside from Canelo Alvarez, there are several contenders to be the next star on PPV including Anthony Joshua.

In June, The Money Fight was announced.

Also in June, Top Rank announced that it had a deal with ESPN to air fights with the first one being Manny Pacquiao fighting Jeff Horn in Australia on July 1st.  The debut earned big numbers as Pacquiao lost a controversial decision to Horn.

The Andre Ward-Sergey Kovalev II PPV in June drew between 130-135K PPV buys.

July saw a 4-city tour to promote the Mayweather-McGregor bouts.  It was an ambitious tour that fans clamored to be a part.  It was announced that the PPV price would be $99.95 HD.

The Money Fight drew huge numbers and was a big financial success.  We wrote about it here.  The event had streaming issues on both UFC Fight Pass and Showtime platforms.  As you might expect, there were lawsuits which are still matriculating through the court system.

Despite the big event, HBO ran an event featuring Miguel Cotto and it did well considering as it drew 730,000 viewers.

Capitalizing on the publicity of The Money Fight, announced an ESPN deal which will include airing its fight library on an OTT service that will launch in 2018.

Austin Trout sued the WBO which included claims under the Ali Act.  The case was moved to federal court in Puerto Rico where the WBO is seeking to dismiss the case and move it to arbitration.  The case will be an interesting look as to whether the court will allow a claim under the Ali Act will go to arbitration.

In September, Magomed Abdusalamov settled with the state of New York for $22 million for injuries sustained in a fight in 2013.  Abdusalamov was left with a brain injury and paralysis due to improper conduct and lack of training by the New York State Athletic Commission.

A huge ESPN fight between Vasiliy Lomachenko and Guillermo Rigondeux drew 1.73 million viewers.  The overall telecast drew 1.487 million viewers.

In December, Showtime announced Mayweather-McGregor drew 4.3 million domestic PPV buys.  This is off from the 6.7 million Dana White had stated.  After hearing of the announcement, White took issue with Showtime’s numbers.

One of the bigger stories to watch going into 2018 is the announcement by Dana White that he will be promoting boxing.  Zuffa Boxing, a t-shirt worn by White during The Money Fight press tour, was a hint that White was up to something.  White made it official late in the year.  He indicated that he was meeting with Floyd Mayweather.  Despite stating that he will never work with Showtime again, he said he would be willing work with other promoters with the exception of Bob Arum.

Golden Boy says GGG-Canelo drew more than 1.3M buys

September 28, 2017

Golden Boy Promotions has issued a statement in response to the report that the GGG-Canelo PPV drew 1.3 million pay-per-view buys.  It refutes the report stating that it is “north” of the reported number.

Via Dan Rafael of ESPN:

“While everyone at Golden Boy Promotions and GGG Promotions appreciate the media’s recognition that the fight between Canelo Alvarez and Gennady Golovkin was an enormous success, the figure that is being cited by some news outlets is simply inaccurate. Not only are satellite operators and cable companies still in the process of compiling data, that number does not include online PPV sales through RingTV.com, Sony Play Station and Sling TV, which far exceeded any previous fight featuring Canelo or Golovkin. The bottom line is that we expect the final numbers to be well north of current reports, and we will make a decision on reporting those numbers when we know they are accurate.”

Payout Perspective:

From the last sentence, it’s not clear if we will ever see the final PPV buys as Golden Boy states it will “make a decision” regarding reporting the final numbers.  Still, the 1.3 million PPV buys is an overwhelming success and I would think that if the number hits 2 million PPV buys we will hear that information.

GGG-Alvarez will be in theaters nationwide

September 5, 2017

ESPN reports that the September 16th fight between GGG and Canelo Alvarez will be shown in approximately 400 movie theatres in conjunction with Fathom Events.

The event is being priced at $21 per ticket which is about half the amount that The Money Fight retailed for in theatres last month.  The event will show the entire PPV card which starts at 5pm PT and will run approximately 4 hours.  The event will take place at the T-Mobile Arena in Las Vegas.

Payout Perspective:

As seems to be the custom with big combat sports events, promotions attempt to capitalize on demand by having the event shown in theatres which may mitigate the casual fans not wanting to spend $60 on the PPV but wanting to watch the fights.  While this fight may not have the same demand as last month’s Mayweather-McGregor fight, it should prove to be much more entertaining.

UFC Fight Night 114 draws 859,000 viewers, Prelims score 633,000

August 8, 2017

UFC Fight Night 114 on FS1 Saturday night drew 859,000 viewers per Nielsen .  The prelims, which preceded the main card on FS1 drew 633,000.

Despite the fact the main and prelim card had mainly up and coming fighters, the ratings were strong up against live boxing on ESPN.  The FS1 main card featured Sergio Pettis taking on Brandon Moreno.  Pettis won a decision.

The prefight show on FS1 drew 208,000 and the postfight show drew 327,000 viewers for a 60 minute recap on FS1 which immediately followed the main card.

For those wondering, UFC Fight Night 111 was a Fight Pass Only event.

Payout Perspective: 

Notably, UFC Fight Night 114 did better than Top Rank Boxing on ESPN which drew 728,000 viewers.  With the opportunity for combat sports fans to watch one of the best boxers in the sport today, Vasyl Lomachenko, more wanted to watch Pettis-Moreno.  An interesting win considering ESPN is hoping to garner more fans to the network by partnering with Golden Boy and Top Rank.

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