Eric Gay/Associated Press
I would argue that Julio Cesar Chavez Jr.'s stock reached an all-time high on the night of his first defeat. In September 2012, Sergio Martinez handed him a boxing lesson. Yet Chavez continued to wade through punishment for round after round and in the 12th dropped the champion, nearly pulling off a last-minute upset.
Almost immediately after the fight it was announced that Chavez had tested positive for marijuana. He served nearly a yearlong suspension and then returned to face journeyman middleweight Bryan Vera.
Chavez had to renegotiate the agreed-upon weight for that fight multiple times and turned in a lackluster effort in the ring. The judges gave him the decision, but it was booed by the StubHub Center crowd, which had begun the fight cheering Chavez.
I scored the fight seven rounds to three for Vera. Chavez seemed more interested in complaining to the ref than in waging an active offense.
The two fought again last March. This time Chavez seemed to prepare better, and he clearly deserved the decision. Still, it took him two efforts to convincingly beat a smaller fighter with very limited defense and less-than-dangerous punching power.
Chavez Jr. has always enjoyed the benefit of being the son of the most beloved fighter in Mexican history. Beyond that, he has often shown himself to be a gutsy brawler with a granite chin. His name continues to sell tickets, so he'll land more big fights in the future.
But right now his stock has come close to bottoming out. He's still in his mid-20s, so it should go back up. It really has nowhere else left to go.