Oscar De La Hoya Reveals That Jay-Z Lost A Risky Six-Figure Bet To Him

Jay-Z is a big sports fan, as evidenced these days by his infamous connection to the NFL and his role in their Super Bowl halftime shows. But the connection stretches much further back, and it’s not completely dominated by wins for the East Coast legend. Moreover, Oscar De La Hoya recently told Shannon Sharpe on his Club Shay Shay program that Hov lost a six-figure bet to him almost a decade ago, and paid it honorably. The boxing legend was promoting Canelo Alvarez in his November 2015 fight against Miguel Cotto, who benefitted from the Roc Nation boss’ financial backing… But not in the match.

“So we’re promoting Canelo at the time, Golden Boy, and [Jay-Z’s] promoting Cotto,” Oscar De La Hoya recalled. “So I said, ‘You know what? Why don’t place a bet here of $250,000? But it goes to charity.’ So Canelo wins, my charity wins the two-fifths, and sure enough he paid it on the spot. I think the next day, the check was in the bank. Jay-Z loves boxing, he knows his boxing. But he’s a guy who pays his bets.”

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Oscar De La Hoya Recalls Him & Jay-Z’s 2015 Bet

However, there’s a bit of a conflicting report on the nature of this bet, as TMZ alleged back in 2015 that Jay-Z actually lost a $100,000 bet, not one for a quarter of a million. “Thanks to Jay-Z, thousands of patients at White Memorial Medical Center will also be winners,” Oscar De La Hoya remarked at the time. “I don’t imagine [he’s] excited about losing $100,000, but he can take some comfort in knowing that it’s going to a good cause.” As far as his recent exploits in the boxing world, Oscar is looking forward to a healthy Mike Tyson performance against Jake Paul.

Meanwhile, Jay-Z recently stirred up a storm thanks to his reclaiming of Dame Dash’s Reasonable Doubt shares. Well, not right now, as he would eventually earn this back from Dame in a couple of years. He’s not too happy about the situation at all, but it seems like his former co-boss is dead-set on getting his shares back. We’ll see what happens with that situation, and whether or not it will turn out to be a losing bet.

Read More: Jay-Z Scores Revenge As Cop Takes Plea Deal In Champagne Theft Case

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Canelo Alvarez Gets In Heated Exchange With Oscar De La Hoya

Things got very heated between Canelo Alvarez and Oscar De la Hoya in Vegas. Ahead of Canelo’s boxing match against Jaimie Munguia, the current boxing champ and boxing legend De la Hoya almost came to blows during the press conference. Before Canelo Alvarez’s championship bout, Oscar De La Hoya and Alvarez had to be separated after comments were made that Alvarez did not appreciate. De La Hoya began by throwing direct jabs at Alvarez during his speech at the press conference. Canelo had previously fought under De la Hoya’s Golden Boy Promotions organization. Álvarez did not appreciate the barbs and started barking back. 

The two boxing icons had previously collaborated for years as fighters and promoters, but their relationship ended badly, and there is still some bad blood between them. Before Canelo’s outburst, De la Hoya said, “There were times my work wasn’t my priority based on my mental health which I neglected for so long but that doesn’t change the fact that Golden Boy built Canelo Alvarez, period.” He doubled down on his assertion, saying, “The company you fought under for decades has always had one name, and it’s mine, so put some f***ing respect on it.”

Read More: Oscar De La Hoya Is Praying For Mike Tyson Ahead Of Jake Paul Fight

Canelo Alvarez and Oscar De la Hoya Separated At Oress Conference

Canelo Alvarez shouted out after De la Hoya’s comments saying, “He’s a f***ing asshole. That’s what I say. He’s a f***ing asshole. He tries to get attention for him, not Munguia. He’s a f***ing asshole. He steals [from his] fighters. F***ing p***y. Motherf****r.” The two then had to be separated as Canelo got up from his seat and approached Oscar. Oscar De la Hoya then went back to his seat and sat down as the situation calmed down. 

Alvarez is the undisputed super middleweight champion and holds a 60-2-2 record with 39 KOs. he will face off against Jaimie Munguia. Canelo most recently defeated Jermell Charlo in September. Munguía is undefeated and holds a 43-0 record with 34 KOs. It is not going to be an easy fight for Canelo. Munguia is a Golden Boy fighter, making the drama in the ring reflect the drama that has taken place outside of it. Overall, it should be an exciting boxing match. 

Read More: Canelo Alvarez Tells Haters He’s Still “In His Prime”

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Oscar De La Hoya Is Praying For Mike Tyson Ahead Of Jake Paul Fight

Mike Tyson will face off against Jake Paul on July 20th in a highly anticipated boxing match. The match will now be a sanctioned fight, with the result imparting both fighter’s professional records. Mike Tyson, 57, is three decades older than Jake Paul, 27. Many are worried about Jake Paul going up against someone as ruthless and devastating in the ring as Tyson. Even with the age gap, people feel that Paul will be in trouble if it’s a real fight. Boxing legend Oscar De la Hoya says he is concerned for Iron Mike ahead of the fight. 

Last Week, De la Hoya talked about the upcoming fight. In the upcoming sports spectacle, each fighter will wear a 14-ounce glove. The heavyweight showdown will consist of eight two-minute rounds. The fight will take place at AT&T Stadium in Arlington, Texas, and will be broadcast on Netflix. Tyson’s last win was a knockout against Clifford Etienne in February 2003. Tyson will be 58 by the time of the fight, which is very old for fighting professionally. De la Hoya thinks the fight can be dangerous for Tyson.

Read More: Jake Paul Vs. Mike Tyson Will Now Be A Sanctioned Professional Fight

De La Hoya Calls Jake Paul “Dangerous” Ahead Of Mike Tyson Showdown

“I’m gonna pray for Mike Tyson, ’cause I love Mike Tyson. I think Jake Paul, look, he’s a real fighter. He really is. It’s a dangerous fight. Mike Tyson, be careful, please,” De La Hoya said last week. Naturally, the majority of people have adopted the other stance, cautioning Jake that Mike, who is possibly the most feared boxer in history, has the ability to cause him significant harm. In his most recent bout, which took place at the start of March, Paul defeated fighter Ryan Bourland (17-2) [retty easily. Paul knocked him out in the first round of the fight.

In June 2020, Tyson engaged in an exhibition match against Roy Jones Jr. Roy and Mike’s battle went unscored. When asked if the fight could impact Tyson’s legacy if the legendary fighter loses, De la Hoya stood firm. He said, “No, Mike Tyson is cemented, legacy, forever,” adding, “Mike Tyson will be the man forever.” Overall, the fight is getting more and more hype, and we can’t wait for July 20th.

Read More: Jake Paul’s Olympian GF Jutta Leerdam Shows Off Physique

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Oscar De La Hoya’s Reason For Absence After Ryan Garcia Loss

Oscar De La Hoya had to leave rather quickly in the aftermath of Ryan Garcia’s KO loss to Gervonta Davis on Saturday. Davis ended Garcia’s night in the seventh round. The final blow was a massive body shot that sent Garcia to one knee. Garcia was unable to answer the ten count of the referee. As the pain from the body shot was visibly impacting Garcia. However, fans soon noticed that De La Hoya was no longer in Garcia’s corner after the bout had finished. For De La Hoya, he had a good reason for leaving.

De La Hoya answered fans’ concerns about the Hall-of-Fame boxer on social media. “My security team told me ‘boss we gotta get the f*** out of here’ because I received death threats. You guys don’t know this, I received death threats throughout the whole week, and they just said it was simply too dangerous, so we got out of there.” It seems that the Golden Boy promoter had to leave for his own safety. The build-up for Davis and Garcia was bad blood and hurt feelings until the final bell rang.

Oscar De La Hoya Feared For His Life

De La Hoya also let fans know that business partner and former boxing champion Bernard Hopkins was also okay. Hopkins was banned from everything dealing with the match after a dust-up with Davis and his camp at the weigh-ins. According to De La Hoya, Davis’ camp had Hopkins banned with the claim that he was trying to rub steroid cream on Davis. Video of the incident quickly circulated around Twitter. The incident had many fans wondering if Hopkins was guilty of the bizarre accusations.

Whatever the case may be, the fight has come and gone. Garcia suffered his first professional loss. As Gervonta Davis has now moved his star to legendary status. While many fans are alluding to a potential rematch. But the seventh-round finish has others saying no immediate rematch is necessary. Thankfully Oscar De La Hoya is now safe and can discuss the death threat issue he had to deal with on Saturday. For the latest news in sports, keep it locked in right here with HNHH.