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What is Canelo Alvarez Biggest Paycheck? Legendary Boxer Salary and Net worth Explored

Canelo Alvarez: The Undisputed Boxing Superstar

Canelo Alvarez has cemented his place in the boxing world as one of the greatest boxers of all time. With four world championships in different weight classes, Alvarez has proven time and again that he is a force to be reckoned with in the ring.1

Canelo Alvarez
Canelo Alvarez (Image: Source)

The Early Years of Canelo Alvarez

Canelo Alvarez made his professional debut in 2005 at just 15 years old. From the start, it was clear that Alvarez had a natural talent for boxing, and he quickly began climbing the ranks. In 2011, he won his first world championship, the WBC light middleweight title, and his career has only gone up from there.

 

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Dominating the Ring

With a professional record of 58-2, Alvarez has only suffered two losses in his entire career, both to boxing legends. His first loss came in 2013 to Floyd Mayweather Jr., who was undefeated at the time.

His second loss was in 2018 to Dmitry Bivol. Despite these setbacks, Alvarez has dominated most of his opponents in the ring, with an impressive 39 knockout wins.

A Fan Favorite

Canelo Alvarez has a massive fan base, and it’s no surprise why. He is an incredible fighter with a natural talent for the sport, and he always puts on a great show. He is known for his quick reflexes, powerful punches, and strategic moves in the ring.

He is also known for his sportsmanship and humble attitude outside of the ring, which has won him the respect and admiration of fans all around the world.

Canelo Alvarez
Canelo Alvarez (Image: Source)

Active and Successful

Alvarez is one of the most active boxers in the world, fighting twice a year on average. This is a testament to his incredible work ethic and dedication to the sport. With every fight, he continues to prove why he is one of the pound-for-pound top active boxers in the world.

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Canelo Alvarez Net Worth: How the Boxer Made Millions from Fights and Endorsements

Canelo Alvarez, the Mexican professional boxer, is not only one of the most successful fighters in the ring but also one of the wealthiest. With an estimated net worth of $180 million, Canelo has accumulated a fortune through his winnings and brand endorsements.2

Fighting His Way to the Top

Canelo Alvarez’s net worth is mainly attributed to his success in the ring. As of May 2023, he has won 59 fights, lost 2, and drawn 2, including 38 knockouts. His impressive record has made him a sought-after fighter, with big promotions and networks offering him multi-million dollar contracts.

In 2018, Canelo signed a record-breaking deal with DAZN and Golden Boy Promotions for 11 fights worth $365 million. The deal not only secured his financial future but also made him the highest-paid athlete in the world at the time. He has since fought seven times under the contract, earning an estimated $140 million.

Endorsement Deals and Business Ventures

Aside from his earnings from fights, Canelo has lucrative endorsement deals with some of the biggest brands globally. He has partnered with Everlast, Louis Vuitton, Hennessy, and Under Armour, among others, to promote their products, which has earned him millions of dollars. The boxer also has his clothing line, which he launched in 2020, and a watch line with Hublot.

Canelo’s Business Acumen

Apart from his endorsements and fighting career, Canelo has invested his earnings wisely. In 2020, he purchased a $7.5 million mansion in San Diego, California. He also owns a fleet of luxury cars, including Lamborghinis and Ferraris. Canelo also invests in real estate, with multiple properties in Mexico.

Canelo Alvarez
Canelo Alvarez (Image: Source)

Canelo Alvarez: From Humble Beginnings to Record-Breaking Paydays

Canelo Alvarez, a Mexican professional boxer, has become a household name in the world of boxing. With 18 years of experience in the ring, Alvarez’s career has been a remarkable one. Throughout the years, his fight purses have increased significantly, making him one of the highest-paid boxers in the world.3

The Early Years of Canelo Alvarez

Before becoming a world-famous boxer, Alvarez grew up in a small town in Mexico. He started boxing at the age of 13, and by the time he was 15, he had turned professional. Initially, Alvarez’s fight purses were relatively low, but he kept working hard to improve his skills.

Alvarez’s Early Paydays

In his early career, Alvarez’s fight purses were around $5,000 to $10,000 per fight. However, as his skills and reputation grew, his paydays also increased significantly. In 2013, for his fight against Floyd Mayweather, Alvarez earned a whopping $12 million. This was a significant turning point in Alvarez’s career, and his paydays only continued to grow from there.

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Canelo Alvarez: Biographical Details

Full Name Santos Saul Alvarez Barragan
Birth Date July 18, 1990
Age 32 years old
Birth Place Guadalajara, Mexico
Nick Name Canelo (“Cinnamon”)
Religion Unknown
Nationality Mexican
Ethnicity White
Education Unknown
Horoscope Cancer
Father’s Name Santos Alvarez
Mother’s Name Ana Maria Barragan
Siblings Six older brothers- Rigoberto Alvarez, Daniel Alvarez, Ricardo Alvarez, Gonzalo Alvarez, Victor Alvarez, Ramon Alvarez
One older sister-Ana Elda Alvarez
Younger half-brother from paternal side-Bryan Alvarez
Height 5’9″/1.75 m/175 cm
Weight 79 kg/167 lb.
Hair Color Reddish Brown
Eye Color Brown

Alvarez’s Most Lucrative Fights

One of Alvarez’s most lucrative fights was against Amir Khan in 2016, where he took home $25 million for successfully defending his title. However, it was his fights with Gennadiy Golovkin that really made Alvarez a lot of money.

In the first fight against Golovkin, Alvarez earned an impressive $40 million. In their second fight, Alvarez’s payday was $30 million. However, it was the trilogy fight between Alvarez and Golovkin that gave him his biggest payday yet, with a staggering $45 million.

Alvarez’s Recent Fights

In 2021, Alvarez fought Caleb Plant and earned an estimated $40 million for the bout. He also fought against Dmitry Bivol, where he was guaranteed a $15 million purse, with a reported cap of $40 million, which was almost 70 percent of PPV sales.

Championship Titles and Achievements

Canelo Alvarez has amassed a plethora of championship titles throughout his boxing career. He has won world championships in four weight classes ranging from light middleweight to light heavyweight, a remarkable feat that few boxers have accomplished. Additionally, he holds unified titles in three of those weight classes, as well as lineal titles in two.

Moreover, Canelo is the first and only boxer in history to achieve undisputed champion status at super middleweight. He achieved this milestone by holding the WBA (Super), WBC, and Ring Magazine titles since 2020, and the IBF and WBO titles since 2021.

Canelo Alvarez made his professional boxing debut at the young age of 15 in 2005. He quickly made a name for himself, winning his first championship title, the WBA Fedecentro welterweight title, in 2008.

Since then, he has gone on to dominate the boxing world with his impeccable fighting skills, earning the nickname “Canelo,” which means cinnamon in Spanish.

In 2013, Canelo Alvarez fought against the unbeaten American boxer, Floyd Mayweather Jr., in a highly anticipated match dubbed “The One.” Though Canelo suffered his first professional defeat in this match, he rebounded quickly and continued to prove himself as one of the greatest boxers of his generation.

Canelo has fought some of the biggest names in boxing, including Gennady Golovkin, Miguel Cotto, and Callum Smith, among others. He has an impressive record of 56 wins, 1 loss, and 2 draws, with 38 of those wins coming by way of knockout.

Canelo Alvarez’s Personal Life: A Look at His Marriage, Children, and Past Relationships

Mexican professional boxer Canelo Alvarez is known for his skills inside the ring, but outside the boxing world, he leads a busy and exciting personal life.

Marriage and Children

In May 2021, Canelo tied the knot with his longtime partner, Fernanda Gomez, in a romantic ceremony at the Guadalajara Cathedral in Mexico. The couple met at a charity gala in 2017 and started dating soon after. In 2018, they welcomed their first child, Maria Fernanda Alvarez, into the world.

Canelo Alvarez Wife Fernanda Gomez
Canelo Alvarez Wife Fernanda Gomez (Image: Source)

Canelo’s Past Relationships

Before settling down with Fernanda, Canelo had a colorful dating history with several famous ladies. While he never got married to any of them, he did father children with some of his past partners.

One of Canelo’s notable relationships was with actress Kate del Castillo. They reportedly dated for a short time in 2012. However, their relationship gained more attention when it was revealed that del Castillo helped arrange a meeting between Canelo and drug lord Joaquín “El Chapo” Guzmán. The meeting occurred while Guzmán was on the run from authorities and sparked a major controversy.

Another one of Canelo’s high-profile relationships was with Shannon de Lima, a Venezuelan model and actress. The couple began dating in 2016 and were often seen together at events. However, they eventually called it quits in 2017.

In addition to del Castillo and de Lima, Canelo has been linked to several other famous women, including Marisol González, Cynthia Rodríguez, and Nelda Sepúlveda.

From Junior Mexican National Champion to Boxing Superstar: The Career of Álvarez

At the age of 13, Álvarez discovered his passion for boxing, a sport that would eventually shape his entire life. Through years of hard work and dedication, he rose through the ranks and became one of the most celebrated boxers of his time.

Becoming the Junior Mexican National Champion

In 2004, at the age of 13, Álvarez competed in the Junior Mexican National Championships held in Sinaloa, Mexico. Despite his young age, he showed incredible skill and determination, ultimately earning himself the silver medal.

The following year, he entered the same championship and emerged as the Junior Mexican National Boxing champion, securing his place as one of the rising stars of Mexican boxing. This victory marked the beginning of Álvarez’s professional career, as he soon turned pro.

Canelo Alvarez
Canelo Alvarez

Rising Through the Ranks

Álvarez’s early professional career was marked by a string of victories, as he defeated opponents one after the other. He quickly made a name for himself in the boxing world and became a force to be reckoned with. His signature move, the left hook to the body, became his trademark, and opponents found it nearly impossible to defend against.

In 2011, Álvarez faced off against Matthew Hatton, the former welterweight champion, and emerged victorious, winning his first world championship title. This win propelled him into the spotlight, and he soon became a household name in the world of boxing.

Becoming a Boxing Superstar

Over the years, Álvarez continued to dominate in the ring, defeating some of the biggest names in the sport. He went on to win multiple world championships, solidifying his position as one of the greatest boxers of his time.

In addition to his impressive record in the ring, Álvarez is also known for his philanthropic efforts. He has established multiple foundations to help underprivileged children, and he regularly donates a portion of his earnings to charity.

Facts

  • Canelo Alvarez’s biggest paycheck to date was for his 2017 fight against Gennady Golovkin. The fight generated $27 million in revenue, and Canelo Alvarez walked away with a whopping $5 million.
  • According to Forbes, Canelo Alvarez is one of the highest-paid athletes in the world. In 2020, he earned $37 million in salary and endorsements.
  • Canelo Alvarez has a net worth of approximately $140 million, making him one of the richest boxers in the world. He has earned this fortune through his boxing career, as well as his numerous endorsements and business ventures.
  • In 2018, Canelo Alvarez signed the largest contract in sports history with streaming service DAZN. The contract was worth $365 million and guaranteed Canelo Alvarez 11 fights over the course of 5 years.
  • Canelo Alvarez has numerous endorsements with brands such as Hennessy, Under Armour, and DAZN. His endorsement deals are worth millions of dollars and contribute significantly to his net worth.
  • Canelo Alvarez owns his own promotion company, Canelo Promotions. The company promotes young fighters and helps them get started in the sport of boxing.
  • Canelo Alvarez is known for his extravagant lifestyle and often shows off his expensive cars, jewelry, and watches on social media.

FAQ’S

1. What is Canelo Alvarez’s biggest paycheck as a boxer?

Ans: Canelo Alvarez’s biggest paycheck as a boxer is estimated to be around $365 million, which he earned in a record-breaking 11-fight deal with sports streaming platform DAZN.

2. How much does Canelo Alvarez make per fight?

Ans: Canelo Alvarez’s earnings per fight vary depending on the opponent and the venue, but he is one of the highest-paid boxers in the world. In his 11-fight deal with DAZN, he earned an average of $33 million per fight.

3. What is Canelo Alvarez’s net worth?

Ans: As of 2021, Canelo Alvarez’s net worth is estimated to be around $140 million. His net worth is attributed to his successful career as a boxer and his various endorsements and business ventures.

4. What endorsement deals does Canelo Alvarez have?

Ans: Canelo Alvarez has several endorsement deals with major brands, including sports equipment company Everlast, streaming platform DAZN, sports drink brand Body Armor, and Mexican beer brand Tecate.

5. What is Canelo Alvarez’s boxing record?

Ans: Canelo Alvarez has a professional boxing record of 56 wins, 1 loss, and 2 draws, with 38 of his wins coming by way of knockout. He has won world titles in four weight classes and is considered one of the best pound-for-pound boxers in the world.

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Subham Dutta
Subham Dutta

Hi there, I'm Subham Dutta, a writer from India with a passion for exploring the complexities of the human experience through my writing.

My work often revolves around themes of identity, culture, and belonging, drawing on my own experiences growing up in a multicultural environment. I'm particularly interested in the intersection of different cultures and how they shape our worldviews and relationships.

As a writer, I'm constantly striving to challenge myself and push the boundaries of my own creativity. I love experimenting with different forms and genres, from short stories to poetry to screenplays.

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