caneloA financial knock-out against Saul “Canelo” Alvarez.

A Miami jury Monday returned a verdict requiring him to pay $8.5 million to a former promoter he was aligned with before joining Oscar De La Hoya’s Golden Boy Promotions in 2009.

A spokesman for Golden Boy said afterward that Alvarez will immediately appeal the verdict, which supported the contention by Miami-based Felix “Tuto” Zabala Jr. that his All-Star Boxing Inc. deal enhanced the career of the popular former two-division champion from Mexico.

Alvarez fought nine times under the All-Star banner and Zabala contended the boxer had a signed deal that had him under contract for three more years when he left for Golden Boy.

The lawsuit was filed in 2011, and Golden Boy rejected a $5-million settlement offer as Zabala proceeded to seek multiple millions of dollars in punitive damages.

That’s an expensive punch to the gut.

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