Economy

MGM Offering FULL Refunds As Canelo-GGG Will Likely Be Canceled

MGM Offering FULL Refunds As Canelo-GGG Will Likely Be Canceled

The fate of the Saul "Canelo" Alvarez-Gennady Golovkin rematch won't be determined until April 10, but MGM Resorts International is already prepared for a canceled fight.

Alvarez was in Guadalajara, Mexico, at the time of his failed tests, and cited contaminated meat for the failure.

The Nevada commission, which is investigating Alvarez's failed tests, has a procedural meeting scheduled for Friday at which it will extend Alvarez's suspension beyond the original 10-day temporary one so he is officially suspended until the hearing on April 10.

The NSAC's Robert Bennett, however, was having none of it, saying in his complaint that "Alvarez's utilization, ingestion and/or consumption of Clenbuterol, whether intentional or not, constitutes an anti-doping violation".

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In Bennett's complaint, the commission will seek a suspension for Alvarez - which could be a year in length.

The regulations suggest any prospective year-long suspension could be reduced by six months once a guilty fighter complies: "If an unarmed combatant... in this state promptly admits to an anti-doping violation when the only reliable evidence of the anti-doping violation is his or her admission, the commission may reduce, by not more than 50 percent, the period of ineligibility". That date comes perilously close to when Alvarez and Golovkin are set to fight, leaving the latter's camp nearly no realistic chance to line up a compelling replacement should Alvarez's suspension be upheld. On Wednesday, the company sent ticket buyers notices that they would be offered full refunds if the rematch is called off.

According to Dan Rafael of espn.com, MGM Resorts are giving refunds to the Canelo Alvarez - Gennady Golovkin bout, thus adding speculation that the bout could be cancelled due to Alvarez testing positive to a performance enhancer. Last week, the Kazakh boxer blasted both Alvarez and his promoter, former boxing champion Oscar De La Hoya, as longtime cheaters, saying, "Again with Mexican meat? This is his promotion", Golovkin continued. The hearing is just two weeks before the fight, making it doubtful the fight will proceed on that date.

Still, if Bennett gets what he wants, Alvarez could not fight again until August 18.