Eddie Hearn Speaks On Canelo’s New Deal with PBC

06/23/2023 - No comments

In a recent IFL TV interview, Eddie Hearn spoke about the Mexican boxer Canelo Álvarez, his decision to sign a multi-fight deal with PBC, and the potential impact this move might have on Hearn’s promotional company, Matchroom Boxing.

Hearn acknowledged that Canelo’s shift from Matchroom Boxing to PBC (Premier Boxing Champions) came as a bit of a surprise. However, he expressed an understanding of Canelo’s decision and pointed out its potential benefits:

“We haven’t made him an offer, and I knew that he was going to be making a move on the Charlo fight. I don’t know the details of the multi-fight deal. A little bit surprised, but I think it’s a good move for him in all honesty.”

Impact on Matchroom Boxing and DAZN

Discussing the implications of Canelo’s departure from Matchroom Boxing and DAZN, Hearn pointed out that while they would miss hosting Canelo’s fights, his move could open up new opportunities:

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“We have to look now at the big pot that’s now available to make big fights and not just one night that would be with Canelo Álvarez but making a string of big fights for the platform. Now that’s what I’ll be tasked with.”

He added that Canelo’s departure was understood by all parties involved:

“Sometimes the numbers work, sometimes they don’t, and I think DAZN are saying, ‘We understand and we don’t have anything for him at the moment.’ When he comes back or when he’s available again, we’ll be ready.”

Hearn dismissed the idea that there were hard feelings on his side about Canelo’s decision. He emphasized his respect for Canelo and his accomplishments:

“No, no middle finger. We’ve had a great run from him. It’s been fantastic for our business, it’s been fantastic for DAZN. I think it was the right move for him at the time.”

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Overall, Hearn’s comments suggest an air of sportsmanship and acceptance of the competitive nature of the boxing world. Despite Canelo’s departure, he appears to be looking forward to exploring new opportunities for Matchroom Boxing and DAZN.

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