Mexican professional boxer, Saul Canelo Alvarez, renowned for his devastating power and refined boxing skills, has accumulated considerable fortune over his illustrious career. Mirroring the earnings trajectory of fighters like Oleksandr Usyk, Alvarez’s income per bout has long been a topic of intrigue. This article unveils the fiscal aspects of Canelo’s career, showcasing his journey from humble beginnings to becoming one of the highest earners in boxing history.
Saul Canelo Alvarez’s Early Career Earnings
Initiating his professional career in 2005 at the age of 15, Canelo’s initial earnings were understandably minimal. As he progressively made a name for himself with consecutive wins, the payouts for each fight grew steadily, reflecting his rising star power and marketability.
Canelo’s monetary breakthrough occurred around his 2010 battle with the likes of Luciano Cuello and Carlos Baldomir, with each fight securing him significantly larger purses. The 2013 fight against Floyd Mayweather was a landmark, not just in terms of the competition, but also regarding earnings, setting him up for future high-stakes, high-reward bouts.
Table: Saul Canelo Alvarez’s Notable Earnings Per Fight
|2013||Floyd Mayweather||$12 million|
|2015||Miguel Cotto||$5 million|
|2017||Gennady Golovkin||$40 million|
|2018||Rocky Fielding||$15 million|
|2021||Billy Joe Saunders||$20 million|
Financial Highlights and Milestones
Throughout the span of his vocation, Canelo Alvarez has arrived at a few monetary achievements. In 2018, he marked a five-year, eleven-battle bargain worth $365 million with web-based feature DAZN. At that point, this arrangement was kept in the Guinness World Records as the most extravagant agreement for a competitor in sports history. This agreement was a demonstration of Saul Canelo Alvarez’s worldwide allure and his capacity to draw watchers from around the world.
In addition, Alvarez’s support portfolio is all around as hearty as his battling record. He has managed significant brands like Under Protection, Tecate, and Hennessy, each contributing considerably to his general pay. These organizations give Alvarez monetary help as well as assume a crucial part in extending his image perceivability worldwide.
PPV Revenue and Sponsorships
Canelo Alvarez also rakes in a significant amount from Pay-Per-View (PPV) shares and sponsorship deals. With his fights being some of the most anticipated, the PPV revenues are massive, considerably inflating his total earnings. Endorsements and partnerships with renowned brands add another layer to his income, underlining his status as a top-tier athlete.
Understanding the Variability
Like Usyk, Canelo’s earnings per fight can vary widely, influenced by the opponent, event magnitude, and venue, among other factors. High-profile bouts, especially those against legendary fighters, tend to generate larger audience engagements, translating into increased revenues and hence, bigger paychecks for Alvarez.
Comparison with Contemporaries
When juxtaposed with his contemporaries, Canelo’s earnings are on the upper echelon, substantiating his standing in the sport. Each boxer has unique agreements pertaining to purses, PPV shares, and sponsorships, making direct comparisons challenging. Nonetheless, Canelo’s income reflects his position as one of the sport’s premier figures.
Future Earnings Projection
With anticipation for more landmark fights in the future, Saul Canelo Alvarez’s earnings are projected to continue their upward trajectory. His sustained success, coupled with potential mega-fights down the line, promises a favorable financial forecast for this champion.
From modest beginnings to commanding enormous purses, PPV revenues, and sponsorships, Saul Canelo Alvarez’s financial ascent in boxing is noteworthy. His escalating earnings parallel his growing fame and dominance in the ring, painting a stirring picture of his journey. With more triumphs likely to come, Canelo’s income is set to further cement his place among boxing’s financial elites.
Read More: How Much Does Oleksandr Usyk Make Per Fight?