By Edward Chaykovsky

Shah Khan, father and business manager of former champion Amir Khan (31-3, 19KOs), rejects the idea that monetary gain was the main motivation for accepting the opportunity to challenge WBC middleweight champion Saul 'Canelo' Alvarez (46-1-1, 32KOs).

Khan will challenge Canelo on May 7th from the T-Mobile Arena in Las Vegas.

The fight takes place at a catch-weight of 155-pounds, with Khan moving up by eight pounds.

At the time of their discussions, Khan was also in negotiations for a potential fight against IBF welterweight champion Kell Brook (36-0, 25KOs).

Brook's promoter, Eddie Hearn of Matchroom Sport, said a very lucrative offer was on the table and he felt a deal was close to being finalized.

Everyone was caught by surprise when Khan announced that he was going to take a pass on Khan and instead face Canelo.

There were immediate accusations that Khan went for the bigger money.

According to Shah, the decision to accept the fight with Canelo was motivated by legacy. He admits they could have made a lot more money with a domestic cracker against Brook, which Hearn was targeting for a June date in Wembley on Sky Sports Pay-Per-View.

"We have not come here for the payday. We've come here to make history. We could have got a lot more money for fighting Kell Brook in England but Amir has a different agenda, is operating on a higher level. This is about legacy," Shah said.