Canelo Álvarez has had a lot of success in the world of fighting. With wins in four different weight classes, it’s clear that he’s good. Let’s look at how he got started with making money.
Early Life and career
Canelo’s first fight as a professional boxer was in 2005. He has kept up a great record of 18 wins, 1 loss, and 1 tie since then. Notably, he fought the famous Floyd Mayweather in 2013, which was a big boost for his career.
Canelo beat Caleb Plant in November 2021 to become the undisputed super middleweight king. His status as one of the hottest stars in boxing was cemented by this win.
Deals and contracts:
DAZN Contract: Canelo signed a major $365 million deal with DAZN and Golden Boy in 2018, which was the biggest deal in boxing history. The deal covered 11 fights and called for $35 million to be paid after each one.
Legal Battles: Even though he was in legal trouble with DAZN and Golden Boy, Canelo went back to the platform and faced Gennadiy Golovkin and Dmitry Bivol as part of a deal worth close to $85 million.
Premier Boxing Champions: After that, he made a three-fight, $100 million deal with Premier Boxing Champions, which gave him more options for how much he could make in the future.
Canelo Álvarez Earnings:
Canelo made $12 million from his fight with Floyd Mayweather in 2013. His 2016 fight with Amir Khan brought in about $25 million. Canelo made $40 million when he beat Caleb Plant to become the undisputed super middleweight king.
The Fighter made $40 million, $30 million, and about $45 million with those three fights against Gennadiy Golovkin. Canelo was promised $15 million to win the fight with John Ryder.
Beyond Boxing: Canelo’s wealth goes beyond the ring:
Canelo became the first boxer on Excel Sports Management’s list when he signed a deal for market deals. He has a good business deal with Hennessy, owns a taco restaurant in Mexico, and supports concerts and boxing matches.
The Fighter has his clothing line, worked with a fintech company to launch a branded credit card, and is working with the fitness app I Can and the sports drink Yaoca. In an interview in 2021, Canelo said that he planned to open 90 to 100 gas stations in Mexico. he though of making almost $20 million a year from real estate investments.
Canelo Alvarez’s Net Worth
Canelo Álvarez is thought to be worth more than $275 million as of 2024. He went from being a young wrestler to a worldwide star through hard work, skill, and smart business sense. Canelo keeps making moves in the sports and business worlds, both inside and outside of boxing.
