Canelo Cuts Ties with PBC? Boxing World Braces for Major Announcement

By Nationvegas - 02/12/2024 - Comments

Boxing expert Rick Glaser predicts superstar Canelo Alvarez’s announcement this Tuesday will be one in which he’ll reveal that he’s departed from PBC.

Glaser states that the undisputed super middleweight champion Canelo (60-2-2, 39 KOs) is leaving PBC for financial reasons. Rick says, “PBC can’t come up with the money” for Canelo’s next fight.

If this turns out to be accurate, it would be a major loss for Premier Boxing Champions, as Canelo is their biggest name with their network broadcaster, Amazon Prime.

Big Annoucement Incoming

Canelo, 33, will make a big announcement tomorrow, and Glaser says, “I’m Looking forward to Tuesday’s big Canelo Announcement.” If Canelo leaves PBC, it could lead to his return to DAZN.

It’ll be interesting to see if the Saudis step in and begin staging Canelo’s fights in their country. Having Canelo fight on His Excellency’s cards would be more interesting for U.S. fans than the older, faded heavyweights that he’s currently focusing on for his events in Saudi Arabia.

Without Canelo, fighters like super middleweight David Benavidez are left. He has primarily faced older, smaller, faded fighters in uncompetitive mismatches in recent bouts.

Glaser’s Take: No Money, No Canelo

Ricky Glaser says the money issues are the reason for the 33-year-old Mexican star Canelo departing from PBC. He states that PBC lacked the money to put in an escrow for his next bout on May 4th.

“Canelo’s big announcement Tuesday will be in part that he has left PBC, as I said he would in a previous post here that PBC did not have the money to establish a guarantee of Canelo’s purse to be put in escrow for a purposed May 4 fight, nor could PBC find a guarantor,” said Glaser on X.

Charlo Out, Munguia In?

If Munguia (43-0, 34 KOs) is Canelo’s next opponent on May 4th, as Glaser suggests, there won’t be too many fans grumbling about it.

Few people wanted to see Canelo defend against Jermall Charlo, considering he’s only fought once in the last three years, and that was against welterweight Jose Benavidez Jr. last November. Casual boxing fans would likely confuse Jermall with his twin brother, Jermell Charlo, who Canelo easily beat last September.

Munguia is not with PBC so that Canelo would fight him on DAZN instead of Amazon Prime PPV. That’s a fight that will be a real barn burner from start to finish.