Canelo Álvarez is one of the most famous boxers in the world thanks to his impressive record, which includes more than 60 victories. Tonight, Canelo will face Terence Crawford in an attempt to retain his championship. The fight, highly anticipated by fans of the sport, will generate substantial earnings that will add to the Mexican’s fortune — but have you ever wondered what Canelo Álvarez’s net worth is? Here we tell you.
What is Canelo Álvarez’s net worth?
Currently, Canelo Álvarez’s net worth is estimated at $300 million. His income mainly comes from his career as a professional boxer; however, he has also developed other businesses.
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In Mexico, he owns the Canelo Energy gas station chain and more than 20 Upper convenience stores. He has also launched a clothing line and a fitness app. In 2023, he further expanded his portfolio with two new ventures: VMC, a line of canned tequila cocktails, and Yaoca, a sports drink designed to compete with leading brands.
His entrepreneurial side is complemented by multimillion-dollar contracts in the ring. In 2018, he signed a historic $365 million contract with DAZN and Golden Boy Promotions, although it ended in a legal dispute over breach of contract. Throughout his career, he has earned more than $600 million, with memorable bouts against rivals such as Mayweather, Golovkin, and Cotto. Between 2022 and 2023, his earnings reached $110 million, cementing his status as one of the highest-paid athletes in the world.
How much does Canelo Álvarez earn per fight?
Canelo Álvarez’s fights always generate great expectation and equally substantial earnings. Although the Mexican boxer does not earn the same in every fight, the last time he stepped into the ring against William Scull he earned $100 million. His fight against Gennady Golovkin brought him $45 million, while his bout with Caleb Plant earned him $40 million.
How much will Canelo earn vs Crawford?
In this matchup against Terence Crawford, Canelo Álvarez will pocket $150 million. Saúl “Canelo” Álvarez comes in as the favorite over Crawford. While the American remains undefeated and many experts consider him the current pound-for-pound champion, the Mexican champion’s experience and trajectory give him a slight edge. In addition, Álvarez feels more comfortable and natural at super middleweight, which could be the decisive factor in this fight.
What time is the Canelo vs Crawford fight?
The event kicks off at 7:00 p.m. with the preliminary bouts, so the main event between the Mexican and the American is expected to start between 9:30 and 10:00 p.m.
Where to watch the Canelo vs Crawford fight?
The broadcast will be available through the Netflix streaming platform.
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Saúl Canelo Álvarez Biography
Saúl Canelo Álvarez was born on July 18, 1990, in San Agustín, a community located on the outskirts of Guadalajara, Jalisco. From an early age, his father instilled in him a strong work ethic, while his brother Rigoberto sparked his passion for boxing by giving him his first gloves when he was just 10 years old. While helping his father sell popsicles in the streets of Juanacatlán and serving aguas frescas in the mornings, Canelo dreamed of succeeding in professional boxing. In the afternoons, he trained tirelessly at José “Chepo” Reynoso’s gym.
During his childhood, Saúl was teased and nicknamed because of his physical appearance, and it was precisely one of those nicknames, El Canelo, that he later turned into a synonym for success and resilience. At 15 years old, he made his professional debut on October 29, 2005, at the Arena Chololo Larios in Tonalá. That night, he defeated Abraham González by technical knockout in the fourth round, giving an early glimpse of the talent that would take him to the top of boxing.
From his earliest fights, he faced opponents considerably stronger and older than him. However, that did not stop him: in 2006, just a year after his debut, he had already become middleweight champion of the state of Jalisco.
