Canelo Álvarez signs richest contract in sport history, worth $365m

Canelo Álvarez signs richest contract in sport history, worth $365m

Canelo Álvarez signs richest contract in sport history, worth $365m

Canelo Alvarez is boxing's new US$365 million man (NZ$558m) after signing an 11-fight deal with sports-streaming service DAZN. "More than anything, though, I'm happy that I could give great fights to fans". "There are many people who I could have great fights with, but I just want the best fights".

For Canelo's rematch with Golovkin, fans would have had to fork out £75 ($99) to watch on the television.

Using the "Throwback Thursday" hashtag on Instagram, Mayweather took the chance to post some old pictures of De La Hoya and his Mexican client and did not hold back in his thoughts on the pair.

"We are thrilled to be exclusive partners with Golden Boy Promotions and Oscar De La Hoya", John Skipper, executive chairman of Perform Group, DAZN's parent company, told ESPN of this new deal with Canelo. That fight, like most of boxing's biggest, was shown on pay-per-view.

It also works out at $33m a fight - around the same figure he earned for his September win over Gennady Golovkin on pay-per-view.

Alvarez will move up in weight to challenge WBA super middleweight champion Rocky Fielding on December 15 at Madison Square Garden. He now holds the unified WBA and WBC middleweight titles after defeating Golovkin last September - a win that earned Alvarez $50 million, according to Forbes. Last year, Mayweather topped Forbes' annual list of the world's highest-paid athletes by earning $275 million for a one-off bout against UFC star Conor McGregor.

"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".

Alvarez will next fight on December 15, when he faces off against Rocky Fielding at Madison Square Garden.

Alvarez became available when his deal with HBO expired.

Alvarez said he has confidence DAZN will succeed.

"What I exactly said is CBS, Showtime, MGM Grand, get that check book ready because you already know I'm Floyd Money Mayweather". "We are committed to making this sport as accessible as possible and at an affordable price for all the fans".

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