1 00:00:01,000 --> 00:00:03,920 Speaker 1: Thanks for joining us for a special bonus edition of 2 00:00:03,960 --> 00:00:07,200 Speaker 1: the Bloomberg Business of Sports podcast, where we explore the 3 00:00:07,200 --> 00:00:09,680 Speaker 1: big money issues in the world of sports. I'm one 4 00:00:09,720 --> 00:00:12,320 Speaker 1: of the producers on the show. My name is Justin Milliner, 5 00:00:12,360 --> 00:00:15,600 Speaker 1: and I'm here with my colleagues lead producer Ariel Agami 6 00:00:16,160 --> 00:00:19,560 Speaker 1: and Cameron Leech. He's a Bloomberg Media and sports reporter 7 00:00:19,680 --> 00:00:23,960 Speaker 1: covering deals at the intersection of entertainment, media and sports. 8 00:00:24,280 --> 00:00:25,960 Speaker 1: Now I mentioned that this is a special edition of 9 00:00:26,000 --> 00:00:28,880 Speaker 1: the show, We're looking forward to a big fight this weekend. 10 00:00:28,880 --> 00:00:32,000 Speaker 1: Special event this weekend in Las Vegas at T Mobile Arena, 11 00:00:32,479 --> 00:00:36,559 Speaker 1: Connello Alvarez will put his undisputed super middleweight crown on 12 00:00:36,640 --> 00:00:42,000 Speaker 1: the line against undisputed junior middleweight champion Jurmel Charlow. This 13 00:00:42,120 --> 00:00:45,879 Speaker 1: fight is significant on a few fronts. First, it's the 14 00:00:45,880 --> 00:00:50,600 Speaker 1: first four belt, first four belt battle, and secondly, we 15 00:00:50,680 --> 00:00:53,920 Speaker 1: have one fighter, Jamel Charlow, who's sort of leveling up here. 16 00:00:54,160 --> 00:00:56,520 Speaker 1: He's moving up two divisions and taking on one of 17 00:00:56,520 --> 00:00:59,640 Speaker 1: the most accomplished and famous fighters in the sport right now. 18 00:01:00,000 --> 00:01:01,480 Speaker 1: So we wanted to get you a little primer for 19 00:01:01,640 --> 00:01:04,080 Speaker 1: and what better way to do that than to talk 20 00:01:04,120 --> 00:01:08,360 Speaker 1: with Saoul Canelo Alvarez himself. Canelo, Welcome to the Bloomberg 21 00:01:08,440 --> 00:01:09,600 Speaker 1: Business of Sports podcast. 22 00:01:09,959 --> 00:01:11,040 Speaker 2: Thank you, it's my pleasure. 23 00:01:11,280 --> 00:01:14,039 Speaker 1: Thank you, so, Canelo. I've been doing a lot of 24 00:01:14,040 --> 00:01:17,520 Speaker 1: reading about this fight, and I understand there's been some changes. 25 00:01:17,560 --> 00:01:20,760 Speaker 1: Initially Jammel's brother was going to be a part of it. 26 00:01:20,800 --> 00:01:24,640 Speaker 1: He is not. My impression, Canelo is that this is 27 00:01:24,680 --> 00:01:27,720 Speaker 1: a fight where Jamel is looking to make his mark 28 00:01:27,760 --> 00:01:31,240 Speaker 1: on the sport, where this is something where he has 29 00:01:31,280 --> 00:01:33,400 Speaker 1: a lot to gain here and maybe not as much 30 00:01:33,760 --> 00:01:37,920 Speaker 1: to lose. So I'm wondering, from your perspective, Canelo, how 31 00:01:37,959 --> 00:01:40,560 Speaker 1: do you prepare? Where's your head heading into this fight 32 00:01:40,600 --> 00:01:41,080 Speaker 1: this weekend? 33 00:01:41,640 --> 00:01:43,800 Speaker 3: You know that's anger because he have nothing to lose, 34 00:01:43,800 --> 00:01:46,560 Speaker 3: Like you say, he's trying to do other things and 35 00:01:46,560 --> 00:01:49,200 Speaker 3: that's good. But I'm in this position for a long 36 00:01:49,240 --> 00:01:52,640 Speaker 3: time and I know, and I prepare myself really well too, 37 00:01:52,680 --> 00:01:55,760 Speaker 3: because I know everybody wants to beat me, but that's 38 00:01:55,840 --> 00:01:58,600 Speaker 3: going to be hard to do it. So that's why 39 00:01:58,640 --> 00:02:01,480 Speaker 3: I prepare myself to ndred percent because I know they 40 00:02:01,520 --> 00:02:06,960 Speaker 3: come without all the arsenal to be to try to 41 00:02:06,960 --> 00:02:09,640 Speaker 3: beat me. But but you know, I mean in this 42 00:02:10,000 --> 00:02:11,760 Speaker 3: I'm being in this position. 43 00:02:11,960 --> 00:02:16,200 Speaker 4: A lot of times Canelo camera in here. Uh, this 44 00:02:16,680 --> 00:02:20,160 Speaker 4: is a big, super huge fight and I think everyone's 45 00:02:20,160 --> 00:02:22,360 Speaker 4: super excited for this one as well too. Now I 46 00:02:22,400 --> 00:02:24,560 Speaker 4: have to ask this one for my sports betting fans. 47 00:02:24,720 --> 00:02:27,320 Speaker 4: Given that you're the heavy favorite, I need to know 48 00:02:27,919 --> 00:02:29,560 Speaker 4: how many rounds do you expect this to go? 49 00:02:29,600 --> 00:02:30,800 Speaker 5: When you plan to take them out? 50 00:02:31,040 --> 00:02:33,360 Speaker 2: I don't know. It's difficult to say that. I don't know. 51 00:02:33,400 --> 00:02:36,800 Speaker 2: It's difficult to say that, right. I will love to 52 00:02:36,840 --> 00:02:39,079 Speaker 2: do it in eight nine rounds. 53 00:02:39,760 --> 00:02:41,840 Speaker 4: Do you plan to keep the fight tasteful? Do you 54 00:02:41,880 --> 00:02:43,160 Speaker 4: want to you know, do you want to take it 55 00:02:43,200 --> 00:02:44,800 Speaker 4: to the end of the of the fight? Do you 56 00:02:44,840 --> 00:02:47,560 Speaker 4: want to knock him out by six? What can we expect? 57 00:02:47,880 --> 00:02:50,360 Speaker 3: Yeah, I'm gonna try my best since the first round, 58 00:02:51,440 --> 00:02:53,960 Speaker 3: but uh, you know, you know, he's a great fighter too, 59 00:02:54,000 --> 00:02:56,200 Speaker 3: and he's gonna be difficult the first rounds and then 60 00:02:56,560 --> 00:02:59,680 Speaker 3: I'm gonna figure it out. But uh, in every round, 61 00:03:00,120 --> 00:03:04,520 Speaker 3: he he I can't do the knockout. 62 00:03:04,520 --> 00:03:05,360 Speaker 2: I'm gonna. I'm gonna. 63 00:03:05,440 --> 00:03:07,799 Speaker 3: I'm gonna do it, but I know I prepare myself 64 00:03:07,840 --> 00:03:08,480 Speaker 3: for everything. 65 00:03:08,680 --> 00:03:11,440 Speaker 6: Cane, this will be your sixty fourth professional fight. You're 66 00:03:11,440 --> 00:03:13,400 Speaker 6: obviously a future Hall of Famer. You've been in the 67 00:03:13,480 --> 00:03:15,400 Speaker 6: ring with some of the great names of all time, 68 00:03:15,560 --> 00:03:20,360 Speaker 6: Floyd Mayweather triple g three times, bevol obviously last year, 69 00:03:20,639 --> 00:03:23,080 Speaker 6: and of course you yourself have an incredible resume. How 70 00:03:23,120 --> 00:03:25,680 Speaker 6: much longer do you think you're gonna go? How many 71 00:03:25,680 --> 00:03:28,120 Speaker 6: more fights do you think that you might take part 72 00:03:28,160 --> 00:03:29,120 Speaker 6: in for the rest of your career. 73 00:03:29,600 --> 00:03:33,800 Speaker 3: I don't know, but I feel young, I feel fresh, strong, 74 00:03:34,280 --> 00:03:34,840 Speaker 3: and I don't know. 75 00:03:35,280 --> 00:03:36,280 Speaker 2: I feel in my prime. 76 00:03:36,640 --> 00:03:39,040 Speaker 6: And as your career has progressed, Canel, do you feel 77 00:03:39,080 --> 00:03:41,520 Speaker 6: as though you've changed your routine leading up to fights? 78 00:03:41,520 --> 00:03:44,040 Speaker 6: Have you done anything differently as you've gotten more older, 79 00:03:44,080 --> 00:03:47,040 Speaker 6: a little wiser as a boxing champion. No. 80 00:03:47,160 --> 00:03:49,520 Speaker 2: I always trained on hundred percent and really good. 81 00:03:49,920 --> 00:03:53,280 Speaker 3: I just tried to to take take care of my 82 00:03:53,360 --> 00:03:57,040 Speaker 3: injuries because I have my injury in the hun and 83 00:03:57,240 --> 00:04:00,160 Speaker 3: now I'm recovery one hundred percent, and I try to 84 00:04:00,920 --> 00:04:06,960 Speaker 3: do a little things more. Recovery is like a creator 85 00:04:07,080 --> 00:04:09,520 Speaker 3: rappy laser, you know that kind of stuff. 86 00:04:09,600 --> 00:04:14,800 Speaker 1: Canelo, your record is very impressive. You've only lost two 87 00:04:14,880 --> 00:04:18,600 Speaker 1: fights in your entire career, and since you've lost your 88 00:04:18,680 --> 00:04:22,320 Speaker 1: last fight, you've won two straight, but you haven't thought 89 00:04:22,360 --> 00:04:24,080 Speaker 1: since May. There's been a little bit of a layover. 90 00:04:24,680 --> 00:04:27,960 Speaker 1: So how is your preparation heading into this fight after 91 00:04:28,080 --> 00:04:29,080 Speaker 1: that little bit of a layover. 92 00:04:29,400 --> 00:04:32,960 Speaker 3: No, I prepare myself really well. I've been in late 93 00:04:33,040 --> 00:04:37,840 Speaker 3: tricky Califormia. It's near to lay Tachu and the altitude 94 00:04:37,839 --> 00:04:41,320 Speaker 3: and I've been there three months so and I trained 95 00:04:42,320 --> 00:04:45,760 Speaker 3: really good, and I feel confident about that because you know, 96 00:04:45,839 --> 00:04:50,000 Speaker 3: when you do the correct things, you coming in a 97 00:04:50,160 --> 00:04:52,400 Speaker 3: confident because you can do everything in the ring. 98 00:04:52,640 --> 00:04:55,679 Speaker 4: Canelo, I am sure you're super confident at this stage 99 00:04:55,720 --> 00:04:57,480 Speaker 4: of your career, but I kind of want to shift 100 00:04:57,480 --> 00:04:59,480 Speaker 4: gears a little bit just to talk about the business 101 00:04:59,480 --> 00:05:01,680 Speaker 4: of boxing as well too. You know, how much do 102 00:05:01,680 --> 00:05:03,960 Speaker 4: you stand to you know, get a payout in this 103 00:05:04,120 --> 00:05:06,600 Speaker 4: kind of about this is a super huge fightas on 104 00:05:06,680 --> 00:05:08,360 Speaker 4: pay per view, which showtime? 105 00:05:08,880 --> 00:05:10,920 Speaker 5: What are we looking at business wise? Where are the numbers? 106 00:05:11,160 --> 00:05:12,600 Speaker 5: Who's who's the top dog here? 107 00:05:13,400 --> 00:05:19,280 Speaker 2: I think you know that answer. I feel good with 108 00:05:19,320 --> 00:05:19,840 Speaker 2: what I have. 109 00:05:20,240 --> 00:05:22,080 Speaker 4: And also too, I mean, just to even talk about 110 00:05:22,080 --> 00:05:26,120 Speaker 4: more of your business portfolio. You also have entities outside 111 00:05:26,160 --> 00:05:28,240 Speaker 4: of boxing as well too. How do you plans to 112 00:05:28,320 --> 00:05:31,040 Speaker 4: kind of grow your your business empire as you are 113 00:05:31,360 --> 00:05:33,279 Speaker 4: entering the later stage of your boxing career. 114 00:05:33,560 --> 00:05:35,839 Speaker 3: Oh, I turned my best in my business too, because 115 00:05:35,880 --> 00:05:39,440 Speaker 3: you know, boxing is not forever. I know that since 116 00:05:39,480 --> 00:05:42,080 Speaker 3: I was young, and boxing need not forever, and I 117 00:05:42,120 --> 00:05:47,320 Speaker 3: will invest in a good things, real states and other 118 00:05:47,960 --> 00:05:51,640 Speaker 3: a lot of things. But you know you need to 119 00:05:51,800 --> 00:05:55,000 Speaker 3: be disciplined there too. You need to be disciplined there too, 120 00:05:55,000 --> 00:05:56,919 Speaker 3: because that's for all your life. 121 00:05:57,279 --> 00:05:59,360 Speaker 6: And Canelo, as you've gone on in your career, you've 122 00:05:59,360 --> 00:06:02,640 Speaker 6: seen you've been through so many battles. The sport of boxing, 123 00:06:03,279 --> 00:06:06,440 Speaker 6: as camera Cameron was saying, from a business perspective, can 124 00:06:06,480 --> 00:06:09,200 Speaker 6: be difficult. What would you say to you young fighters 125 00:06:09,240 --> 00:06:11,400 Speaker 6: coming to you and asking for your advice, not just 126 00:06:11,440 --> 00:06:13,440 Speaker 6: in terms of how to train for a fight, but 127 00:06:13,839 --> 00:06:16,080 Speaker 6: how to manage his money and his life outside of 128 00:06:16,080 --> 00:06:17,880 Speaker 6: the ring. How difficult has that been for you? And 129 00:06:18,160 --> 00:06:21,360 Speaker 6: have any younger fighters approached you asking for your input 130 00:06:21,400 --> 00:06:22,920 Speaker 6: on what to do outside of the ring with their 131 00:06:22,960 --> 00:06:24,960 Speaker 6: money and their personal affairs. 132 00:06:25,160 --> 00:06:29,520 Speaker 3: You know they need to realize that boxing is not forever. 133 00:06:29,640 --> 00:06:32,680 Speaker 3: You need to invest in other invest in other in 134 00:06:32,800 --> 00:06:39,279 Speaker 3: other things, because if you able to win after you 135 00:06:40,000 --> 00:06:43,159 Speaker 3: coming from nothing, and you're able to win a lot 136 00:06:43,240 --> 00:06:46,479 Speaker 3: in boxing, you need to do other things to keep 137 00:06:46,560 --> 00:06:51,120 Speaker 3: that life right because boxing is not forever, and I 138 00:06:51,160 --> 00:06:54,479 Speaker 3: think that's one of the most important things for the 139 00:06:54,600 --> 00:06:55,320 Speaker 3: young fighters. 140 00:06:55,720 --> 00:06:56,120 Speaker 5: Canela. 141 00:06:56,160 --> 00:06:57,840 Speaker 4: Before I let you out of here, I got to 142 00:06:57,839 --> 00:07:00,159 Speaker 4: ask one more thing, uh, just to kind of a 143 00:07:00,240 --> 00:07:01,720 Speaker 4: look forward kind of question here. 144 00:07:01,920 --> 00:07:04,000 Speaker 5: You know, how do you see the sport of boxing improving? 145 00:07:04,040 --> 00:07:06,280 Speaker 4: And also do you think we'll ever see a uni 146 00:07:06,600 --> 00:07:09,440 Speaker 4: unification of the belts of some of the divisions as well? 147 00:07:09,440 --> 00:07:09,680 Speaker 5: Too? 148 00:07:10,320 --> 00:07:13,080 Speaker 3: I think in boxing right now is on fire. I 149 00:07:13,120 --> 00:07:16,480 Speaker 3: think boxing they made a lot of would fights and 150 00:07:16,640 --> 00:07:18,920 Speaker 3: I think right now I see we are in a 151 00:07:18,960 --> 00:07:22,720 Speaker 3: good position no, and and and we want to see Yeah, 152 00:07:22,840 --> 00:07:25,160 Speaker 3: we want to see unified fights soon. 153 00:07:25,640 --> 00:07:27,600 Speaker 4: And as you get older, do you think we'll see 154 00:07:27,640 --> 00:07:31,440 Speaker 4: more fights from you, more in the exhibition style kind 155 00:07:31,440 --> 00:07:32,960 Speaker 4: of like Floyd Mayweather as well too. 156 00:07:33,280 --> 00:07:38,000 Speaker 3: I don't know, man, I still are still in boxing, 157 00:07:38,040 --> 00:07:40,720 Speaker 3: are still young, and I just enjoy what I do 158 00:07:40,880 --> 00:07:41,280 Speaker 3: right now. 159 00:07:41,800 --> 00:07:46,640 Speaker 1: After maybe that's Canelo Alvarez. You'll be fighting this weekend 160 00:07:46,760 --> 00:07:50,160 Speaker 1: at the Team Mobile Arena in Las Vegas against Jermel Charlow. 161 00:07:50,480 --> 00:07:52,520 Speaker 1: We thank you first time, appreciate I'm joining us here 162 00:07:52,560 --> 00:07:55,720 Speaker 1: on a special edition of the Bloomberg Business of Sports podcast. 163 00:07:56,240 --> 00:07:58,400 Speaker 1: My name is Justin Milner. I'm one of the producers 164 00:07:58,440 --> 00:08:01,360 Speaker 1: on the show, along with my colleague lead producer on 165 00:08:01,400 --> 00:08:04,560 Speaker 1: the show, Ari Ilagami and Cameron Leads. He's a Bloomberg 166 00:08:04,600 --> 00:08:07,480 Speaker 1: Media and sports reporter. Thank you so much, Cameron for Tavis. 167 00:08:07,440 --> 00:08:09,400 Speaker 4: beIN fun is always good to share the stage here, 168 00:08:09,560 --> 00:08:10,720 Speaker 4: you know there it is. 169 00:08:10,720 --> 00:08:12,480 Speaker 1: Thank you so much for joining us on the Bloomberg 170 00:08:12,520 --> 00:08:15,600 Speaker 1: Business of Sports podcast. You can catch our usual shows 171 00:08:15,680 --> 00:08:18,160 Speaker 1: once a week. If you found this one, then you 172 00:08:18,160 --> 00:08:19,280 Speaker 1: know how to find the others. All you have to 173 00:08:19,320 --> 00:08:22,360 Speaker 1: do is click Subscribe's available anywhere you get your podcasts, 174 00:08:22,360 --> 00:08:24,480 Speaker 1: and you'll hear our usual content with host Michael Barr, 175 00:08:24,720 --> 00:08:27,800 Speaker 1: Scarlet Food, and Damian Sasaur. Thanks for listening to the 176 00:08:27,800 --> 00:08:31,720 Speaker 1: Bloomberg Business of Sports podcast from Bloomberg Radio around the world.