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LAS VEGAS, NV – SEPTEMBER 14: Floyd Mayweather Jr. looks on as he takes on Canelo Alvarez during their WBC/WBA 154-pound title fight at the MGM Grand Garden Arena on September 14, 2013 in Las Vegas, Nevada. (Photo by Chris Trotman/Golden Boy/Golden Boy via Getty Images)
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LAS VEGAS, NV – SEPTEMBER 14: Floyd Mayweather Jr. looks on as he takes on Canelo Alvarez during their WBC/WBA 154-pound title fight at the MGM Grand Garden Arena on September 14, 2013 in Las Vegas, Nevada. (Photo by Chris Trotman/Golden Boy/Golden Boy via Getty Images)
All smoke and no fire, in fact, might be the best way to describe the negotiations for the potential Errol Spence Jr. vs Terence Crawford showdown. Spence Jr. is currently the unified champion in the welterweight division. As such, the WBO welterweight titleholder Terence Crawford has been eyeing this unified title for a considerable amount of time. And the talks for this fight recently gave rise to a USD 50 million debacle.
Crawford is currently preparing to defend his welterweight title against David Avanesyan in December. But his eyes are cemented on the coveted unified title that adorns Spence Jr.
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‘Bud’ Crawford and his team have been in long-drawn talks with Premier Boxing Champions founder Al Haymon, who represents Spence Jr. He revealed that representatives from two unnamed hedge funds agreed to pay Spence Jr. and himself USD 25 million each for the fight.
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LAS VEGAS, NV – JUNE 09: Terence Crawford celebrates his victory after a TKO in the 9th round in the WBO welterweight title between Jeff Horn and Terence Crawford at MGM Grand Garden Arena on June 9, 2018 in Las Vegas, Nevada. (Photo by Bradley Kanaris/Getty Images)
Talking about the same, he said, “Me and Al, you know, we’re going back and forth, back and forth about, you know, the numbers.”
Crawford then mentioned that the companies wished to offer them guaranteed purses of USD 25 million each. And he decided to inform Haymon about the proposal. Crawford continued, “Al told me, straight up, ‘I’m not letting anybody touch this fight.'”
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He also added that he was unsure if any fight would bring in millions of PPV purchases, as Haymon mentioned, unless it was a Floyd Mayweather fight. However, it is also worth noting that Haymon was Mayweather’s former manager.
Terence Crawford and Errol Spence Jr. engage in a Twitter war
The USD 50 million debacle did not go down well with both fighters. And they were both seen engaging in a war of words over a series of tweets.
All money not good money I asked him where the 50 mill coming from who is over the hedge fund/ putting the money up he couldn’t tell me.. I think we all need to just meet in person 😂
— Errol Spence (@ErrolSpenceJr) November 3, 2022
Lol you can’t put that on yo kids nigga you as asked about the back end and said you gone talk to yo people and see what they say nigga you a whole fraud on my Kids life you know you had to get permission to even commit back nigga you watched my live now you got something to say
— Terence Crawford (@terencecrawford) November 3, 2022
If he was so called his own boss then why I had to talk to Al? 😭😭😭 that’s right I couldn’t talk to you because when I did you said you had to talk to yo people. You can fool all yo little fans that don’t know who you really is but you can’t fool me @ErrolSpenceJr 😁
— Terence Crawford (@terencecrawford) November 3, 2022
Spence Jr. took to Twitter to question the source of the USD 50 million. Even explicitly stating that ‘all money not good money’. Crawford, on the other hand, hit back at him by calling him a fraud. He even detailed talking to Haymon. And went on to state that Spence Jr. was fooling his fans.
I had what I was potentially make you was trying figure out your shit we work together nothing like you & bob ya know https://t.co/CwOzxfEwLX
— Errol Spence (@ErrolSpenceJr) November 3, 2022
The fact that Crawford called out Haymon did not sit well with Spence Jr. He then went on to take a dig at Crawford and his promoter.
Yeah I know and that’s coo more power to you but when I made that call and told you what was what as a man you didn’t entertain it when yo peoples told you not to now you could of pulled my card and said let’s go and see was it real but did you
— Terence Crawford (@terencecrawford) November 3, 2022
I didn’t you couldn’t tell me who over it names or anything to much bs goin on to be taking money from joe blow I’m cool
— Errol Spence (@ErrolSpenceJr) November 3, 2022
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The duo also took a nasty swipe at the long-drawn negotiations for their potential fight.
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Do you think this USD 50 million fiasco is necessary? Let us know in the comments below.
