Saúl “Canelo” Álvarez is one of the best pound-for-pound boxers in the world right now after having a terrific career in the ring. The Mexican pugilist has been the best of the best for quite some time now and even though some fans haven’t agreed with his recent fights, he has made the right decisions for his career.
Canelo is ready to enter the ring this Saturday again trying to get another victory in his record while getting paid a lot of money from sponsors and promoters. Álvarez has made big money during his successful boxing career and he’s poised to keep adding zeros to his bank account.
Today, we’re going to break down how much money he’s made in his career, what deals he has signed and how being one of the best fighters in the world has really paid off for the Mexican. It’s time to see how this man has amassed over $100 million in all these years.
Canelo Álvarez net worth: Major Purses
After collecting wins after wins, Canelo made himself a known name in the boxing world. Mexican boxing has had plenty of legends that made the country feel proud and this man is not the exception. His popularity has increased in recent years and so has his purses; earning more money every time he steps on the ring.
Sugar Shane Mosely: $1.2 million
Josesito Lopez: $2 million
Floyd Mayweather: $12 million
Miguel Cotto: $5 million
Amir Khan: $25 million
Gennady Golovkin I: $40 million
Gennady Golovkin II: $30 million
Total: $115 million (to date)
In the Floyd Mayweather fight, he took home a $5 million purse despite being dominated by the American legend. That, added to the percentage of PPV profits, brought his total up to $12 million. That was his first super fight but it wasn’t his first super check. The fight against Amir Khan got him $25 million total, while he took home $70 million total in his two fights with Gennady Golovkin.
Deals and sponsors
The biggest deal of his career landed in 2018, when DAZN changed the game of boxing streams and broadcasts, agreeing to a 5-year $365 million fight contract with the Mexican fighter. The deal is for 11 fights, which started on December 15, 2018, when he fought Rocky Fielding in New York
Besides DAZN, Canelo is also sponsored by Under Armour, Coppel Tecate, Hennessy and Everlast.
Canelo Álvarez earnings in 2020
Forbes placed Canelo as the 30th highest-paid athlete in the world this year, receiving $37 million as of May, 22. He received $35M from salary and $2 million from endorsements. With one fight left for him this year, that number will surely increase. Among fighters (MMA and boxing), Canelo ranks 5th, behind Tyson Fury (1st), Connor McGregor (2nd), Anthony Joshua (3rd) and Deontay Wilder (4th).
Canelo Álvarez Net Worth
“Celebrity Net Worth” puts Canelo’s net worth at $140 million, before his Saturday night bout against Callum Smith. The Mexican really made a good decision when signing with DAZN and he’s ready to keep making big money.
“Between June 2018 and June 2019, Canelo earned $95 million from his empire. In the following 12 months he earned $40 million.”
When is Canelo Álvarez next fight?
Canelo is ready to fight Callum Smith this Saturday, one day after Gennady Golovkin does the same against Kamil Szeremeta. The Mexican last fought against Sergey Kovalev in November of 2019. He went two class weights up to win the WBO light heavyweight.