De La Hoya on Alvarez- ‘We will announce it shortly’

We’ve been waiting for a second on who is next up for Canelo Alvarez and late Saturday night his promoter Oscar De La Hoya of Golden Boy Promotions solidified us an announcement will happen soon.

De La Hoya, in an interview with Boxingscene.com stated, “We have several choices. We will announce it shortly. We’re very close to signing a deal,”

“Nowadays when you throw a fighter’s name out there, it makes it impossible to negotiate,”  De La Hoya told BoxingScene.com. “That fighter then thinks that his stock climbed like there’s no tomorrow. There’s so much money now in boxing being thrown around to fighters that you have to be careful who you mention. I can assure you that the public will be happy with what we will announce.”

Oscar De La Hoya: Canelo Alvarez 'Very Close To Signing a Deal' https://t.co/Pp73NNxNS7 pic.twitter.com/dH4f5PK3I0

— BoxingScene.com (@boxingscene) September 8, 2019

De La Hoya when questioned on the contract negotiations going on between him and much-speculated future opponent Sergey Kovalev, he compared the process to a poker game.

“It’s like playing poker while showing your hand. It makes it impossible. Canelo is the cash cow, and everyone knows of the deal I got him with DAZN, the richest sports deal in history. It makes it a little more difficult,” said De La Hoya to Boxingscene. “That’s why we don’t go after one opponent, but several at the same time. Whoever wants to take the deal and make history to fight Canelo, then we have fighters to choose from.”

De La Hoya says it’s a poker hand because, at this juncture between Alvarez and Kovalev, it’s currently boxing’s worst kept secret this fight is going to happen, It’s all just a matter when will the world find out.

It’s been widely reported that the bout would take place on November 2nd in Las Vegas, Nevada. De La Hoya hinted to Boxingscene that the announcement of Alvarez in action will be made during next weekend’s contest on their Golden Boy card which has Ryan Garcia and Jaime Munguia in action on DAZN.

Alvarez expressed his displeasure back in August when a match with these two couldn’t have been made. Kovalev felt he was being low balled in terms of money and went ahead and faced mandatory challenger Anthony Yarde. Kovalev in his title defense was victorious stopping Yarde in the 11th round in Russia in August.

Kovalev in promotion packages leading up to his fight with Yarde was stating that a fight with Alvarez would create “generational wealth”. Even the Top Rank/ESPN broadcast we’re suggesting this bout being the next one in line for Kovalev, we’ll just wait for De La Hoya and Golden Boy to make it official next weekend.