This week saw rumors circulate about a potential bout between Saul “Canelo” Alvarez (48-1-1, 34KOs) and Julio Cesar Chaves Jr. (49-2-1, 32KOs). However, Chaves Jr’s father, the legendary, Julio Cesar Chavez Sr. has claimed the financial offer put forward to his son was unacceptable.
Canelo’s promoter, Golden Boy Promotions, have reportedly made and offer to Chavez Jr. who then made a counter-offer. Both sides are still negotiating the financial aspects of the contest.
Although Chaves Sr. wouldn’t disclose the amount that was offered to his son, he did say Golden Boy was “only offering crumbs”.
“What they are offering does not suit us. Oscar De La Hoya, Golden Boy, and Canelo have to put up a reasonable amount [of money], because truthfully what they are offering does not suit us,” said Chaves Sr. “We will not accept crumbs. We are not going to do what they want and if they continue with that position – then there will be no fight.”
Much talk has been made of what weight the contest would be fought at. Canelo has drifted between 154 and 160 for some time, whilst Chaves Jr. fights at 168lbs. Chaves Sr. confirmed that his son would catchweight of 165lbs but would not any lower.
“The fight would be at 165 pounds,” said Chavez Sr. “We are not going to do anything less than that. They are asking for a rematch clause too, we have no problem with that.”