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Canelo and Chavez Jr. rescind purse bet

Surprise! The bet’s off.

Canelo Alvarez v Julio Cesar Chavez Press Tour - Los Angeles Photo by Josh Lefkowitz/Getty Images
Wil Esco is an assistant editor of Bad Left Hook and has been covering boxing for SB Nation since 2014.

Canelo Alvarez and Julio Cesar Chavez Jr. created a bit of a stir when the two men decided to wager their respective purses for their May 6th fight, but it seems the two have cooled off on that talk and will let their massive bet fall by the wayside.

In an interview with ESPN Deportes, Julio Cesar Chavez Sr. deemed the bet unnecessary as he says he and his son are only after the glory of a big win.

"I disagree with [Chavez Jr.]. I spoke with my son Julio and in truth and I don't agree with him," Chavez said. "We don't want Canelo's money, it doesn't interest us. We are only interested in the prestige and glory. We are interested in the pride, which is the most important thing in this fight."

Chavez Sr. went on to say that this kind of wager is “unethical for an athlete” and says that a fighter’s dignity is of the utmost importance. Canelo responded by saying that he would drop the issue of the bet out of respect for the elder Chavez.

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