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Home » Boxing » Abel Sanchez: Greedy Golovkin Offered Me a Fifth of Normal Pay

Abel Sanchez: Greedy Golovkin Offered Me a Fifth of Normal Pay

Veteran trainer Abel Sanchez has continued to lash out, over his recent departure as head coach of former unified middleweight champion Gennady Golovkin

Golovkin was trained by Sanchez for nine years, and their split caught everyone by surprise when the top level boxer took to social media to announce that he was breaking away from Sanchez.

 Golovkin is scheduled to return to the ring on June 8th, in a clash with undefeated Canadian Steve Rolls at Madison Square Garden in New York City.

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GGG recently signed a six fight deal worth $100 million with streaming service DAZN.

Golovkin (38-1-1, 34 KO), 37-years-old, never mentioned his exact reason for leaving Sanchez – other than wanting to “better” himself.

“I want to build on what I have already achieved and continue to better myself,” Golovkin wrote. “Therefore, I will not be training with Abel Sanchez. This was not an easy decision for me and it is not a reflection of Abel’s professional abilities. He is a great trainer, a loyal trainer and a Hall of Fame trainer.”

But Sanchez claims the split was 100% about money.

In the aftermath of signing his major deal with DAZN, GGG allegedly offered Sanchez a serious cut in pay.

He was previously earning the industry norm of 10% of Golovkin’s purse.

Sanchez claims the pay cut was “substantial” – and it was a “take it or leave it” offer.

“Big money makes greedy people,” said Sanchez to the Los Angeles Times. “It’s all about money. I was given a take-it-or-leave-it offer to take one-fifth of what I was earning before. “I did my part, did my job.”

According to Sanchez, he met with Golovkin and his lawyer on March 19 – when they informed him that the boxer was restructuring things and Sanchez would have to get a paid a new “fix amount” instead of a percentage deal.

“Unfortunately, it seems that things do not change in this business – greedy and ungrateful people and no honor,” Sanchez said to Robert Morales. “He signs a $100 million contract and insults me with a number that my dignity and pride just won’t allow me to just take it or leave it on a crazy new number for a trainer pay-wise.”

Sanchez was never provided with an answer for the pay cut.

He sent Golovkin a counter-proposal – and never received any response.

“Give me something so I can sleep at night,” Sanchez said. “The lack of communication was incredible.”

Then on Tuesday, Golovkin and his brother informed Sanchez that he was being replaced.

“I thanked him, said OK, followed my guys on their 55-minute run, and he was gone,” Sanchez said. “I knew this was inevitable weeks ago. But I think it’s unfortunate after he signed a $100 million contract … it’s disheartening and heartbreaking about the honor of man. I never try to sugar-coat anything, and I always expect the same of everyone.”

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