Canelo Alvarez and Gennady Golovkin are set for their rematch September 15th in Las Vegas according to the LA Times. The deal was made shortly after a self-imposed deadline made by Alvarez’s camp.
GGG did not obtain a 50-50 split as he originally requested. But, he likely did better than the 42.5% of the fight purse offered by Alvarez. Official terms were not revealed.
Alvarez and GGG fought to a draw in the last fight in September 2017 and look to rematch a year later. A May 2018 fight was thrown off course after Alvarez tested positive for Clenbuterol which he stated was related to contaminated meat. The Nevada Athletic Commission suspended Alvarez 6 months. His suspension ends in August.
Payout Perspective:
With the announcement of this and the Anthony Joshua-Deontay Wilder fight, boxing is set for some huge fights and PPV events. Alvarez-GGG drew 1.3M PPV buys and a $27M live gate at the T-Mobile Arena. Look for similar numbers for this rematch which should improve upon the first due to the longer wait for it.
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