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Saul Canelo Alvarez Net Worth 2023

by Staff Reporter
September 17, 2023
in Sports
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(Photo : PATRICK T. FALLON/AFP through Getty Images) Mexican boxer Canelo Alvarez arrives for his light-heavyweight world title boxing match towards Russian boxer Dmitry Bivol at T-Mobile Arena in Las Vegas, Nevada, May 7, 2022.

Saul “Canelo” Alvarez is without doubt one of the finest pound-for-pound boxers on the planet, having held the undisputed championship of the tremendous middleweight division since 2021. 

The Mexican fighter has arguably been the game’s largest draw because the retirements of earlier boxing superstars Floyd Mayweather Jr., Manny Pacquiao, and Oscar De La Hoya, and he has translated that star energy to dominance contained in the squared circle. 

With his fights producing thousands and thousands in pay-per-view and gate income, many have raised the query – What is Saul “Canelo” Alvarez’s internet value in 2023?

Saul Canelo Alvarez Net Worth 2023

The 33-year-old Alvarez is value $200 million as of 2023, in line with Celebrity Net Worth.

Business journal Forbes listed Alvarez because the fifth highest-paid athlete on the planet of their newest rankings, making $110 million for the previous yr.

Almost the entire talked about figures have been from his payouts from boxing matches at $100 million, whereas the remaining $10 million comes from endorsements.

The Guadalajara, Mexico native has endorsement offers with Everlast, Louis Vuitton, Hennessy, Dolce & Gabanna, and Mexican beer Tecate.

Alvarez has made an estimated $460 million throughout his profession from purses and endorsements, valued at $525 million adjusted for inflation in 2023, in line with Sportico.

Saul Canelo Alvarez purses from current fights

The undisputed tremendous middleweight champion of the world obtained an estimated $38 million for his lone struggle in 2023 towards John Ryder final May, together with struggle purse and pay-per-view income share, as per Sportspayouts.com.

Alvarez notably took $10 million much less to stage his newest struggle in his dwelling nation, Mexico, in line with boxing promoter Eddie Hearn.

During his two bouts final yr, the Mexican prizefighter was paid $38 million for his May 2022 loss towards Russian Dmitry Bivol and $45 million for his third and last struggle towards Kazakhstani Gennady Golovkin in September 2022, which resulted in a win.

Read extra: Tyson Fury Admits Disappointment With Mike Tyson for His Decision Ahead of Francis Ngannou Bout 

Alvarez signed richest contract in sports activities historical past

Alvarez signed a five-year, 11-fight deal value $365 million with sports activities streaming service DAZN in 2018 for unique rights to the matches of the game’s largest draw.

The settlement was the richest contract in sports activities historical past identified at the moment. It stays the sixth-largest contract in sports activities to this present day.

However, the 2 events canceled the deal after simply three fights in 2020 following disagreements in regards to the boxer’s subsequent opponent and dispute over the monetary rewards concerned.

Since then, Alvarez turned a boxing free agent for the subsequent few years, however he continued to stage his fights on DAZN with the assistance of promotion Matchroom Boxing, albeit on short-term offers.

New quick time period PBC contract

Last June, Alvarez agreed to a three-fight deal value about $100 million with promoter Al Haymon’s Premier Boxing Champions (PBC) collection, which can start with a bout towards American Jermell Charlo on September 30.

The struggle might be broadcast on pay-per-view on Showtime, which marks a drastic change after 9 of Alvarez’s final ten matches have been obtainable through DAZN.

Related Article: Spanish Tennis Legend Rafael Nadal Drops to Lowest Ranking in Over 20 Years After Injury 

© 2018 Sportsworldnews.com All rights reserved. Do not reproduce with out permission.

Tags: AlvarezboxingCanelocanelo alvareznetNet WorthSaulSaul Canelo Alvarezworth
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