Ryan Garcia says Terence Crawford turned his back on the WBC as soon as he got paid to fight Canelo Alvarez. He notes that before he was blessed with a substantial payday to fight Canelo, he didn’t talk like that.
Garcia talks about how Crawford (42-0, 31 KO) refused to pay the WBC a $300,000 penalty fee for a whopping $50 million. This move cost him the WBC belt as they decided to strip him of the title when he chose not to pay.
Why Crawford refused to pay
They weren’t going to just let him do that because he is popular. Ryan believes that the way Crawford changed his mind, going from being nice to criticizing the WBC, is “cowardly”.
“Crawford should have said his piece. Before, when he needed it, he didn’t speak like that,” Ryan Garcia said in an interview InsideRingShow about Terence Crawford turning his back on the WBC when he no longer needed them for the rankings after receiving his substantial $50 million payday against undisputed super middleweight champion Canelo Alvarez.
“Now that he’s got his money and cash, now, ‘Oh, I don’t need the WBC to give me a chance.’ Now I’m going to say: Fuck you all. “To me, that’s a little bit cowardly on his part. But guess what? The only thing I don’t agree with is why is it $330,000? I don’t like that amount,” Garcia said.
Division of sanction fees
The reason it’s 300k. dollars, and not $1.5 million, is that the WBC gave Crawford a discount of 0.6% instead of the normal 3% on the fighter sanction fee. Judging by Terence’s $50 million per fight earnings, he should have been paid $1.5 million, but the WBC let him go. However, he still wouldn’t pay even the reduced amount, which was a drop in the ocean for the $50 million he earned.
Did Crawford miscalculate?
Crawford didn’t realize at the time that, being frugal, it was vital for him to retain his WBC title. He needed this belt to remain the undisputed super middleweight champion. Terence having all four titles while negotiating with Canelo Alvarez would make a difference. Instead, it now has just three, thanks to its decision not to pay the sanction fee.
Crawford says he doesn’t need titles, but he does because it’s not enough for him to say he’s a “ring champion.” It doesn’t work. The prestigious title is undisputed, and he lost it because of his tenacity. The one thing that helped him in his fights made it hard for him to make business decisions. Someone must have explained it to Crawford before he made that move.
Turki paid for something unquestionable to happen
One has to wonder what Turki Alalshikh thinks about all this. He went through all this trouble to give Crawford the undisputed 168-pound championship, paying a fortune for Canelo to face IBF champion William Scull earlier this year on May 3.
The idea was for Canelo to get the last belt he needed to become undisputed. When he defeated Scull and won the final belt, Crawford set the stage for a fight for the undisputed champion. Turki fixed it. Instead of keeping the four belts Turki helped him win, Bud refused to pay the 0.6% sanction fee, which was nothing compared to the $50 million he was paid.
Chris Williams is a senior writer for Boxing News 24covering sports since 2013 and reporting on major events around the world. His relationships range from established champions to hungry prospects vying for recognition. Over the years, Chris has worked with many of boxing’s top brass, earning respect for his insightful analysis and insider perspective.