Ivan Calderon: Federal Agents Seize $4 Million in Cocaine Found on Property

by Scott Christ on Nov 16, 2011 7:07 PM EST in Boxing News Analysis

A property owned by Ivan Calderon was raided, with $4 million worth of cocaine seized. (Photo via PR Best Boxing)

Former strawweight and junior flyweight champion Ivan Calderon, one of the best and most technically skilled boxers of his generation, is in the news in Puerto Rico after federal agents seized $4 million worth of cocaine from a property he owns.

Calderon issued a statement to WAPA-TV in Puerto Rico denying any knowledge of the drugs, stating the house was one of several investment properties he owns and he was not aware of any illegal activities there.

No information was revealed as to whether or not Calderon was renting the house to a third party, although one news outlet has disclosed that a married couple was living there.

The raid was related to the arrest of a Puerto Rican trafficker, who has been charged in the United States with smuggling cocaine onto American soil through the Dominican Republic.

Calderon (35-2-1, 6 KO), who will have a good Hall of Fame case when his time comes, has seen his boxing career begin to fade. At age 36, he recently returned to the 105-pound division and struggled in what was supposed to be an easy fight.

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$4 million? That probably weighs more than he does.

If found guilty, he’s sentenced to 12 rounds with Canelo Alvarez.

by Verklemptomaniac on Nov 16, 2011 7:53 PM EST reply actions

That probably weighs 3x what he does.

Managing Editor - BloodyElbow.com - SBNation's mixed martial arts headquarters.

by Brent Brookhouse on Nov 16, 2011 8:09 PM EST up reply actions

Not really surprising

Drugs are everywhere

by IRodC on Nov 16, 2011 8:35 PM EST reply actions

I hope to god that if any tenant at thus teeny family property I manage were to be busted for X million dollars worth of cocaine, it wouldn’t be MY name in the headline, and I don’t think it should be Calderon’s.

There is no safety in numbers, or in anything else--James Thurber, 1939

by BoxAnne on Nov 16, 2011 8:44 PM EST reply actions

*thus = this.

There is no safety in numbers, or in anything else--James Thurber, 1939

by BoxAnne on Nov 16, 2011 8:45 PM EST up reply actions

Don’t worry BoxAnne you’re not famous enough. Scott might put it on the site since we know the name, but it wont go past that.

by tacklerford on Nov 16, 2011 8:51 PM EST up reply actions

haha, I meant local headlines in the free weekly they pathetically hand out at the supermarket. X million $ of cocaine would make headlines even in the drug capital of Mass., which we are.

There is no safety in numbers, or in anything else--James Thurber, 1939

by BoxAnne on Nov 16, 2011 8:56 PM EST up reply actions

It mostly came into the local headlines since recently there was another athlete from the island who had a house full of drugs

So they probably ran with the name because of that.

by IRodC on Nov 16, 2011 9:05 PM EST up reply actions

It doesn’t seem like he’s involved at all, and I hope that’s the case. Calderon is one of the athletes I respect the most.

Bob Arum would promote Lucifer himself if he could put asses in the seats.

by Apprentice on Nov 16, 2011 10:41 PM EST reply actions

I’m sure he’s not involved at all—just an extreme example of guilt by the barest thread of association, seems to me. You have no way of knowing what tenants or house sitters or even guests are up to in homes you lend or rent to them, and you aren’t legally responsible for it as a rule.

There is no safety in numbers, or in anything else--James Thurber, 1939

by BoxAnne on Nov 17, 2011 12:12 PM EST up reply actions