Canelo Alvarez is now a free agent, in accordance with his coach and supervisor Eddy Reynoso.
It emerged early in September that the Mexican star was suing his promoter Oscar De La Hoya and Golden Boy Promotions, in addition to his broadcaster DAZN, over their historic deal.
Canelo put pen to paper on a $365million eleven-fight settlement touted because the richest within the historical past of sport when he signed it lower than two years in the past.
The deal referred to as for a $15m tune-up bout in opposition to Rocky Fielding in December 2018, adopted by ten fights for a assured $35m every.
Nevertheless, after simply two additional bouts in opposition to Daniel Jacobs and Sergey Kovalev, issues have began to come up.
It’s claimed DAZN tried to drastically reduce the assure forward of Canelo’s subsequent combat as – amongst different points – they weren’t pleased with the extent of opposition confronted up to now.
In consequence, Canelo took authorized motion searching for damages and his free company.
Now, his coach and supervisor Reynoso has claimed they’ve reached a consequence.
The assertion learn: “In my position as a supervisor and coach of Saul ‘Canelo’ Alvarez I enable myself to speak to the boxing neighborhood and to all our followers that, beginning right now, November 6, Canelo turns into a free agent.
“So we’re able to proceed along with his boxing profession.
“All this time we’ve got been working very laborious within the health club with numerous duty and self-discipline, to be in nice bodily form and able to combat this yr.
“And will probably be! We are going to announce date, rival and place very quickly.
“We are going to return stronger than ever to continue to grow and displaying that Mexican boxing is the perfect.”
As but, there is no such thing as a response from Oscar De La Hoya, Golden Boy or DAZN to verify their place relating to this assertion.