Saul ‘Canelo’ Alvarez ordered to pay former promoter Zabala $8.5 million

 

Saul “Canelo” Alvarez/Photo courtesy of Golden Boy Promotions

Former middleweight champion Saul “Canelo” Alvarez of Mexico on Monday was ordered by a jury in Miami-Dade circuit court in Florida to pay former promoter Felix “Tutico” Zabala Jr. of All-Star Boxing $8.5 million.

According to a story on ESPN.com, while the jury did not find that Zabala had a contract with Alvarez, it did find that Alvarez unjustly enriched himself. In his lawsuit, Zabala charged Alvarez with breach of contract and unjust enrichment.

The same jury did not find Golden Boy Promotions – Alvarez’s current promoter – libel for tortuous interference.

Golden Boy will appeal the Alvarez verdict.

“… It is absurd to think that All-Star Boxing provided anywhere near that amount of value that the jury awarded under a separate claim,” it read. “We will appeal this part of the decision, and are confident we will win, just as we did on the contract dispute.

Alvarez recently vacated his middleweight championship when he was given a deadline to make a fight with fellow champion Gennady Golovkin.

 

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