David Benavidez’s $50 Million Offer to Canelo Alvarez Sets Stage for Potential Showdown

June 2, 2023 11:49 am

In a recent update shared on social media by Chris Mannix of Sports Illustrated, it has been revealed that unbeaten interim WBC champion David Benavidez’s representatives are preparing to present a substantial offer of around $50 million to undisputed super middleweight champion Canelo Alvarez.

The potential clash between Alvarez and Benavidez holds immense significance, fueled by Alvarez’s widespread popularity and the shared interest in both fighters from the Mexican and Mexican American communities. Enhance your boxing viewing experience with attractive betting odds from Nextbet

In their most recent fights, both pugilists demonstrated dominant performances. Alvarez made a triumphant return from hand surgery, delivering a commanding display against John Ryder on May 6 in Guadalajara, Mexico. The judges’ scorecards tallied a unanimous decision in Alvarez’s favor, with scores of 118-109 and 120-107.

Meanwhile, Benavidez secured what could be considered the crowning achievement of his career thus far, as he convincingly outpointed Caleb Plant in Las Vegas on March 25. The judges’ verdicts reflected Benavidez’s superiority, with scores of 117-111, 116-112, and 115-113. This victory cemented Benavidez’s position as the primary threat to Alvarez’s supremacy in the 168-pound division.

Alvarez’s camp has yet to respond to the offer presented by Benavidez’s team. However, Sampson Lewkowicz, Benavidez’s promoter, released an open letter addressed to Eddy Reynoso, Alvarez’s trainer and manager, confirming the submission of what he referred to as a “lucrative” offer. Specific details regarding the terms of the offer were not disclosed.

Lewkowicz expressed disappointment in Reynoso’s dismissal of the offer and clarified that he had sent the proposal on Monday at 4:45 p.m. In the letter, Lewkowicz stated that he felt offended by the insinuation that he was merely “fantasizing” about making the highly anticipated fight happen. He also emphasized that the offer remains on the table, awaiting Alvarez’s attention, and requested a working email address for further communication.

While Alvarez has expressed interest in a rematch with Dmitry Bivol, the WBA light heavyweight champion who defeated him by unanimous decision in their previous encounter, a potential matchup with Benavidez holds more promise both in terms of sporting spectacle and commercial appeal. The outcome of the Alvarez-Bivol fight was clear-cut and did not generate the expected level of pay-per-view buzz often associated with Alvarez’s fights. On the other hand, a clash between Alvarez and Benavidez not only promises a thrilling in-ring battle but also presents an enticing business opportunity for all parties involved.

As negotiations progress and the boxing world eagerly awaits further developments, the possibility of an Alvarez-Benavidez showdown continues to capture attention and generate excitement among fans and pundits alike. Get all the latest updates from the world of boxing only on Nextbet Sports.