Middleweight champion Gennadiy Golovkin filed a lawsuit on Friday towards Oscar De La Hoya’s Golden Boy Promotions for at the least $three million stemming from a 2018 rematch battle towards Canelo Alvarez, a number of sources confirmed Monday after BoxingScene first reported.

Golovkin, generally known as GGG, is alleging “breach of contract, breach of fiduciary responsibility, conversion, constructive belief, and accounting” ESPN mentioned. The Kazakhstan native, at the moment residing in L.A., is searching for a jury trial.

In accordance with the criticism, Golovkin is trying to be paid curiosity on the $9,025,351 Golden Boy nonetheless owed him in January 2021. Golovkin contends the quantity, which Golden Boy reportedly paid in July 2021, is inaccurate on account of an accounting error.

Per ESPN, “the boxer seeks at the least $450,000 in sponsorship income, $177,458 in ‘different funds merely not paid although listed on Golden Boy’s personal accountings,’ roughly $31,500 (45% of round $70,000 in further PPV income), bills incurred by the postponement of the rematch after Alvarez examined constructive for a performance-enhancing drug, and unapportioned insurance coverage bills.”

Alvarez gained the bout by majority choice.



By 24H

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