De La Hoya Shoots Down Canelo vs. Munguia: Financial Hurdles Block May 4 Showdown"
Oscar De La Hoya, the renowned promoter, has dashed hopes for a May 4 showdown between Canelo Alvarez and Jaime Munguia. De La Hoya cites significant financial obstacles, with Canelo reportedly seeking a hefty guarantee purse that poses a challenge for any network willing to foot the bill. According to De La Hoya, Canelo's purse demands require the May 4 fight to generate a whopping 1 million pay-per-view (PPV) buys to cover the expenses. He paints a bleak picture of the situation, expressing uncertainty about which network would be willing to take on such a risk. The promoter emphasizes the financial risk associated with Canelo's purse demands, suggesting that it might compel the fighter to reconsider his financial expectations or risk missing out on the May 4 date. De La Hoya hints at the possibility of Canelo needing to accept a lower payout if he wishes to secure a fight on the proposed date. The uncertainty surrounding Canelo's future opponents adds an intriguing layer to the narrative, as De La Hoya questions whether the fighter will find a suitable match for May 4, considering the financial challenges involved. De La Hoya's candid comments shed light on the complexities of negotiations in the world of boxing, highlighting the delicate balance between a fighter's purse demands and the financial feasibility of a high-profile bout. As the boxing community awaits further developments, the focus shifts to Canelo's decision and the potential impact on the landscape of upcoming matchups in the sport. #OscarDeLaHoya #CaneloAlvarez #JaimeMunguia #BoxingFinance #May4Showdown #PPV #BoxingNews
