Canelo Alvarez’s next fight isn’t completely official yet, but it looks like a deal is close to being struck to fight Jaime Munguia on May 4th in Las Vegas.
Mike Coppinger of ESPN.com reports that the deal is “being finalized,” meaning Canelo will remain with Premier Boxing Champions through at least this fight on a one-fight deal. Amazon’s Prime Video will broadcast the pay-per-view, as will DAZN, – reports Salvador Rodriguez.
Canelo (60-2-2, 39 KOs) will defend his undisputed super middleweight title against Munguia (43-0, 34 KOs), a former 154-pound titleholder who fights at both 160 and 168.
The fight will be met with criticism because the general consensus is that the 33-year-old Canelo should fight David Benavidez (28-0, 24 KOs), a former two-time WBC 168-pound titleholder who has been the “interim” champion since 2022. Benavidez convincingly defeated Caleb Plant and Demetrius Andrade last year to emerge as one of the sport’s hottest rising stars.
But if Benavidez does happen, it won’t be another fight, and it might not be at 168 pounds, as in the meantime Benavidez plans to move up to featherlight heavyweight to face Oleksandr Gvozdyk for the interim WBC 175-pound title.
The promotional/broadcast situation with Canelo is unique and comes on one of the few actual drawcards in legitimate boxing. Alvarez signed a three-fight deal with PBC last year but seemed ready to leave after just one fight, only to work out a one-fight deal with the company, which debuts on Prime Video on March 30 with the Keith Thurman vs. Tim Tszyu pay-per-view and has been sidelined since December.
But all the companies want to work with Canelo, and if a deal can be struck, he’ll go where the money is. Allowing DAZN to broadcast the pay-per-view on Prime could be the perfect move for all parties, and is another testament to his drawing power.
Munguia, 27, fought on Jan. 1, 27, stopping John Ryder in the ninth round in Phoenix. In his lone fight of 2023, he scored a fight-of-the-year-level victory over Sergiy Derevyanchenko.
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