Promoter Oscar De La Hoya threw the first punch at the pride of Canelo Álvarez after a cordial news conference with rival Jaime Munguia in Beverly Hills . 'Yesterday's press conference was boring, like Canelo's fights,' De la Hoya posted on X a day after the March news conference. Immediately after, in an interview with L.A. Times en Español, Álvarez responded by calling De La Hoya a promoter who only 'says stupid things.
He sought at least $280 million in damages after a $365 million, 11-fight deal he signed with DAZN in 2018 fell apart. De La Hoya, DAZN and Álvarez disagreed over which fighters the Mexican should face, which is why the contract spanned just three fights. The lawsuit was settled in 2020, with De La Hoya's Golden Boy Promotions releasing Álvarez from his contract. Álvarez been a free agent since, working with promoters such as Matchroom and PBC.