In a recent analysis of Terence Crawford’s boxing career decisions, experts are spotlighting what they describe as his “biggest mistake”—his approach to a potential fight with Canelo Alvarez. Crawford’s candid admission that his motivation to face Alvarez is primarily financial has inadvertently shifted the power dynamics in negotiations, giving Alvarez significant leverage
Crawford’s statements suggest a desire for a lucrative payday, estimated at around $150 million. However, this ambitious figure appears unrealistic, especially when considering the financial backing from Crawford’s promoter, Turkey Alesik, who reportedly is unwilling to justify such an expenditure. This hesitance comes on the heels of Crawford’s last bout against Madrimov, which was reported to have incurred a $10 million loss, raising further concerns about the feasibility of such a lucrative matchup
While Crawford has options to fight other contenders in the 154-pound division, he faces considerable risks. A loss could not only impact his reputation but also leave him with a smaller purse than anticipated. Interestingly, a defeat to Alvarez might be easier for Crawford to rationalize, as he would be stepping up in weight to challenge a larger and more dominant opponent. Moreover, even in defeat, the financial rewards from a fight with Alvarez would be substantial
As the boxing community watches closely, Crawford’s next moves will be critical. His ability to navigate this complex landscape could define his legacy and financial future in the sport. The question remains: will he recalibrate his strategy to regain control over his career, or will he continue to chase the elusive fight with Alvarez, potentially at a great cost? Only time will tell if Crawford can turn this situation around and avoid what many perceive as a significant misstep