Saul “Canelo” Alvarez is currently recognized as the undisputed world champion in the super middleweight division, holding all major titles including the WBA, WBC, WBO, IBF, and The Ring belts. Widely regarded as one of the most skilled and successful boxers of his era, Alvarez, a Mexican fighter, is renowned for his excellence in the sport. Given his dominant position in boxing, let’s explore his net worth.
Canelo Alvarez Net Worth: The Mexican boxer’s earnings breakdown
Canelo began his professional boxing journey at an impressive 15 years old. Apart from his substantial net worth, estimated by Forbes to be at least $275 million, Canelo’s dominance extends beyond his financial success to his remarkable achievements inside the ring. Throughout his career, he has secured numerous world championships across four different weight classes, making significant contributions to the light middleweight, middleweight, super middleweight, and light heavyweight divisions.
Canelo Alvarez signed a historic 5-year contract worth $365 million with Oscar De La Hoya’s promotion company and DAZN on October 17, 2018. This deal includes 11 fights, starting with his exciting bout against Rocky Fielding in New York on December 15, 2018.
Revealing Canelo Alvarez’s purse history highlights the considerable rewards associated with his unmatched boxing skills. Memorable opponents have resulted in substantial paydays, including $40 million from the Gennady Golovkin I bout and $30 million from the Gennady Golovkin II clash. While his actual earnings have reportedly surpassed $300 million, this figure is unverified.
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But now, Canelo Alvarez and Jaime Munguia have officially confirmed their bout on May 4th at the T-Mobile Arena in Las Vegas. Alvarez will defend his undisputed super middleweight title against Munguia, who holds an undefeated record of 43 wins and 34 knockouts. Munguia’s recent victory over John Ryder via ninth-round TKO in January adds to his momentum. Alvarez, with a record of 60 wins, 2 losses, and 2 draws, is prepared to defend his title against this formidable challenger.