Boxing superstar Canelo Alvarez will face fellow Mexican fighter Jaime Munguia on May 4, 2024, to defend his undefeated super middleweight belt.
When Alvarez or any other athlete participates in a professional combat sports match, the fighter’s salary is typically not made public. In any case, it is predicted that Alvarez will keep taking home large paychecks.
According to a rumor from boxing247.com in February 2024, if he faces Munguia, Alvarez would receive a guaranteed $35 million from the Al Haymon-led PBC (Premier Boxing Champions).
A new deal was struck after Canelo Alvarez and PBC failed to agree to carry out a three-fight pact from the original contract.
It needs to be clarified precisely how much Munguia will win this battle. He is anticipated to receive his most considerable compensation to date. Nevertheless, he told ESPN that the task matters to him.
Also Read: How To Watch Canelo vs. Munguia In the UK, Australia, and Countries Outside the USA?
Past Salaries Of Canelo Alvarez and Jaime Munguia
According to Essentially Sports, Canelo earned $12 million against Floyd Mayweather in 2013.
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In 2016, Canelo Alvarez took on Amir Khan. According to Sports Zion, Canelo earned almost $25 million.
When Canelo defeated Caleb Plant to become the undisputed super middleweight champion, he won $40 million.
Canelo was up against Dmitry Bivol in the light heavyweight gold match with a $15 million guaranteed purse.
According to Celebrity Net Worth, Canelo made $40 million in the first fight against Gennadiy Golovkin and $30 million in the rematch. In the trilogy battle, he made roughly $45 million; including PPV upside, he reached $100 million.
Sports Payouts said Canelo received a guaranteed $15 million for his fight against John Ryder. Rumour had it that he accepted a pay reduction of $10 million to fight held in Mexico.
Canelo Alvarez first agreed to a $100 million three-fight contract with Premier Boxing Champions. In the first fight of the agreement, he faced Jermell Charlo and won between $25 and $30 million.
According to Essentially Sports, Jaime Munguia earned about $2 million in 2022 against Jimmy Kelly. He won $1,150,000 in 2021 against Gabe Rosado. Munguia reportedly made almost $750,000 after defeating Sergiy Derevyanchenko, a former world title contender.
The Sportster claimed Munguia had a guaranteed purse of $800,000 against John Ryder.
Also Read: Boxing Predictions: Roy Jones Jr, Andy Ruiz Jr. & Pros Pick Canelo Alvarez vs. Jamie Munguia Winner