In a revelation that has sent shockwaves through the boxing world, Mexican boxing legend Saul “Canelo” Alvarez has admitted to losing a private fight against Terence “Bud” Crawford. The match, which was kept under wraps until now, reportedly left Canelo injured and cost him a staggering $20 million from a bet he placed on himself.

During an exclusive interview, Canelo opened up about the clandestine bout and its aftermath. “It was a tough fight, and I have to give credit where it’s due—Crawford is an incredible fighter,” Canelo confessed. “I went into the match confident, but he managed to outbox me and, unfortunately, I came out with an injury.”

The details of the injury have not been fully disclosed, but sources close to Canelo suggest that it is not career-threatening. Nonetheless, the loss and the physical toll have undoubtedly impacted the champion, who is known for his relentless drive and competitive spirit.

The financial aspect of the fight has also raised eyebrows. Canelo, known for his confidence and willingness to back himself, reportedly wagered $20 million on his own victory. This bet, intended to demonstrate his belief in his abilities, has instead resulted in a significant personal financial setback.

Crawford, the current WBO welterweight champion and considered one of the pound-for-pound best in the sport, has not yet publicly commented on the private fight. However, his victory over Canelo, even in a non-sanctioned bout, further cements his reputation as a formidable opponent capable of challenging and defeating the very best.

The boxing community has been quick to react to the news. Prominent figures and fans alike are weighing in on the implications of this private match. Many are speculating about the potential for a sanctioned bout between the two, which would undoubtedly be one of the biggest draws in recent boxing history.

Promoter Eddie Hearn, who has worked closely with Canelo, expressed his thoughts on the revelation. “This just shows the competitive nature of both fighters. Canelo is always looking for the best challenges, and Crawford is proving why he’s at the top of the game. A sanctioned fight between them would be monumental,” Hearn stated.

Despite the loss, Canelo remains undeterred. “Every fight is a learning experience. I’ve faced setbacks before and come back stronger. This will be no different,” he said, reaffirming his commitment to his career and his determination to remain one of boxing’s elite.

As fans digest this unexpected news, the possibility of future matchups and the ongoing narratives of both Canelo and Crawford continue to captivate the sport. The private fight, now public, adds another layer to the legacies of both champions and highlights the unpredictable and thrilling nature of boxing.