Canelo Alvarez net worth: How much has the boxing star earned?

Canelo Alvarez shows off agility skills in intense workout

Canelo Alvarez has been a dominant figure in several weight classes, competing at junior middleweight, middleweight, super middleweight and light heavyweight. He boasts an impressive 53-1-2 record as he prepares to take on Britain’s Callum Smith in his 57th bout.

How much is Canelo Alvarez worth?

Given Alvarez’s status in boxing, it will come as no surprise that he is one of the highest earners in the sport.

In 2018, the Mexican signed five-year fight deal with DAZN reported to be worth $365million (£270m).

He said at the time: “This is only from my hard work.

“The most important thing to me was being able to give the fans the opportunity to see me fight without having to pay the $70 or $80 for my fights on pay-per-view. That was the most important thing, more important than what I am making.

“It’s very important for me to give the fans the biggest fights and the most important fights, and I promise you I will always do that.

“I always want to take on challenges, and I am very happy my fans will be able to see me fight for a small cost.

“Being part of this historic deal will require me to prepare myself even more and offer fans even better performances.

“At the same time, I am humbled to be selected to lead this new vision for the sport of boxing, which will without a doubt be for the benefit of the fans.”

Alvarez, though, has since exited his DAZN deal after a legal dispute with the streaming service and his promoters.

According to Celebrity Net Worth, Alvarez’s wealth stands at $140m (£103m).

Before the DAZN contract, he was already competing in multi-million dollar fights.

He took home a reported $12m (£9m) from his fight against Floyd Mayweather in 2013.

The clash with Amir Khan in 2016 saw him earn a figure in the region of $25m (£19m).

Alvarez reportedly collected $70m (£52m) combined for the two fights against Gennadiy Golovkin, against whom he drew and then beat by majority decision.

Like many top sports stars, the boxer’s income is also boosted through lucrative endorsement deals.

Alvarez has partnerships with the likes of Under Armour, Everlast, Coppel Tecate and Hennessy.

He is also expected to walk away with another huge payday from his clash with Smith this weekend.

Asked why he chose to face the undefeated Briton, Alvarez said: “Well, because he’s ranked No 1 at 168lbs and that’s my campaign to fight at 168lbs.

“We did have conversations with others, but unfortunately they didn’t happen.

“But fortunately with them as well, we got this fight and that’s what we’re going to do.

“Hopefully, this brings boxing back in a great way. That is our plan in the short term at 168 to unify all the titles, and next year, that’s what we’ll be working on.

“168 is where I think I’ll end my career [rather than 175], but let’s see.”

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