Canelo Alvarez will face off against Jaime Munguia for the Undisputed Super Middleweight Title this Saturday. The venue for the fight is set in Nevada. Promoted by Canelo Promotions the fight will be a PPV exclusive, taking place at the T Mobile Arena.
The PPV-exclusive event will be readily available to stream on Prime Video PPV and DAZN. On Saturday 05.04.2024 at 09:00 PM ET, the fight will take place at the Las Vegas venue. Regarding information about the purse and payout of the fight, continue reading.
Canelo Alvarez vs. Jaime Munguia: Purse and Payout:
Even though information relating to the purse is yet to be disclosed by the organizers, various sources indicate that the main event will have a purse of $35 million. The main card fighters will earn their share from the purse.
Keep reading for more details on the purse distribution of the main card fight –
How much will Canelo Alvarez earn?
Alvarez, was the first Mexican boxer to earn the undisputed super middleweight title. He defeated Caleb Plant and earned the title in 2021. Alvarez has a record of 60 wins, 2 ties, and 2 losses with 39 KOs.
Alvarez last faced off Jermell Charlo who was undisputed super welterweight champion. He defeated Charlo after the 12 rounds by unanimous decision, enabling him to keep his belt. The fight last September earned him a $30 million pay from the main event. Besides that, a 60% PPV share netting him an extra $18 million. So Alverez bagged a total of $48 million that night.
Alvarez is set to earn a guaranteed amount of another $35 million in the upcoming fight against Munguia. Besides that the %60 PPV share for him will net him an extra $15 million, earning him a total of $50 million from the fight.
How much will Jaime Munguia earn?
Jaime Munguia who is also a Mexican is another major contender for the bout against Alvarez. He is undefeated in 43 fights in a row, having no loss. Besides that most of the game he won with KOs as he has 34 KOs out of his 43 fights. The 27-year-old boxer is in high spirits to face off Alvarez.
Last January Munguia faced off John Ryder by TKO in the ninth round. The Mexican earned a guaranteed $800,000 from his last fight against Ryder for the main event. Besides that the 50% PPV share netted him an extra $400,000. So he earned a total of $1.2 million that night.
Munguia is set to receive the highest pay ever facing Alvarez, an amount of guaranteed $5 million. Besides that the 50% PPV sales will add to his payday, yielding the payout to $7.5 million in total.
Canelo Alvarez Net Worth:
Canelo Alvarez is one of the richest boxers as of now. His business mindset and major payday as well as endorsement from top brands made him one of the richest. As of 2024 Canelo Alvarez has a net worth of $300 million. He has endorsements from LVMH Moët Hennessy Louis Vuitton and Everlast. Besides that, he has his own promotion company Canelo Promotion.
Jaime Munguia Net Worth:
Jaime Munguia is thought to have a net worth of around $40 million. He has won a lot of fights that earned him around $120 million in prize money. Munguia signed a promotion deal with Golden Boy and Zanfer Promotions in a co-agreement. Besides that he has various sponsorships from top brands.
