Canelo Alvarez’s promoter, Eric Gomez, the president of Golden Boy Promotions, called a counteroffer from middleweight champion Gennady Golovkin’s promoter “ridiculous” Friday and urged a face-to-face meeting to try to reach a deal on a super-bout. When it’s a super-fight like this, you need time to build up for it, to generate the most money possible. “Golovkin said he takes great pride in boxing, that it’s not about money, that he’s willing to fight. Nevertheless, Alvarez’s promoters are seeking to make the Golovkin deal and say they’re offering an eight-figure guarantee with an undisclosed pay-per-view percentage. Golovkin promoter Tom Loeffler answered this week with a proposal seeking a percentage split, accounting for a lucrative site fee and pay-per-view buys that should exceed 1 million for the bout.

Source: Los Angeles Times September 23, 2016 19:18 UTC