Canelo Alvarez Signs Richest Boxing Contract Ever: $375 Million For 11 Fights

Boxer Canelo Alvarez Inks $365 Million Contract With Streaming Network DAZN, Richest Deal in the History of Sports
Canelo Alvarez signs record-breaking $365 million deal with DAZN
Author

18 October, 2018

The agreement is part of a broader deal between DAZN and Golden Boy Promotions, the fight organization founded by former champion boxer Oscar De La Hoya. DAZN made a big splash over the summer by signing promoter Eddie Hearn of Matchroom Sport, with a stable including unified heavyweight champion Anthony Joshua, to an eight-year, $1 billion deal.

"This is only from my hard work", Canelo told ESPN of this record-breaking contract (via MMA Mania). HBO and Showtime typically charged $80 per fight, but on DAZN, his two fights per year will be available to those who pay $9.99 per month for the streaming service. That fight, like most of boxing's biggest, was shown on pay-per-view.

As part of the partnership announced Wednesday, Golden Boy Promotions will put on up to 10 high-caliber fight nights per year that will stream live on DAZN beginning in early 2019.

"If he wants to return, I ask him to look my way to give a great fight to the fans". "DAZN has the ideal platform to make this dream come true, and with the biggest star in the sport at the helm of this journey, I have no doubts that we will succeed in unimaginable ways". It cost $84.95 to be seen in high definition.

"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". "We are committed to making this sport as accessible as possible and at an affordable price for all the fans".

American pilot killed in Ukrainian Air Force fighter jet crash
Ukrainian Air Force pilot and instructor Ivan Petrenko and the U.S. pilot, whom the authorities have identified only as a U.S. European Command's State Partnership Program , and this exercise will include robust participation of California ANG units".


NASA head: rocket mishap shows need for range of transport options
Roscosmos had earlier chose to temporarily ground its Soyuz rocket launches until experts can properly assess the situation. The pair were due to join the three-person Expedition 57 crew already aboard the International Space Station.


Kavanaugh shouldn’t be confirmed, retired Supreme Court Justice Stevens says
In a Wall Street Journal op-ed on Thursday, Kavanaugh said he "might have been too emotional at times" in his testimony. Mr Kavanaugh rejected those allegations, as well as further sexual misconduct claims from two other women.


The lucrative deal comes on the heels of HBO recently announcing its plan to pull the plug on its boxing coverage by the end of 2018, forcing Alvarez and others to seek new broadcast homes.

Overall, super, super stuff for boxing.

Lionel Messi, who earned $111 million previous year, is likely to be his main competition for the highest-earning athlete title, but reports indicate that Alvarez could have earned upwards of $120 million for 2018 by the time of his debut fight with DAZN. "DAZN has the ideal platform to make this dream come true, and with the biggest star in the sport at the helm of this journey, I have no doubts that we will succeed in unimaginable ways".

DAZN, which is owned by the United Kingdom -based Perform Group and overseen by former ESPN president John Skipper, also signed an exclusive deal with the World Boxing Super Series to stream a trio of tournaments promoted by Sauerland Events. "By bringing Canelo's fights to DAZN, we will turn his pay-per-view success into a growth engine for subscribers - a truly transformational moment for our business and the entire industry".


More news


  • Ariana Grande and Pete Davidson split, end engagement

    Ariana Grande and Pete Davidson split, end engagement

    And now, a source close to People's magazine has said that they have indeed broke up and it is not shocking to anyone. Amidst the reactions and speculation on the relationship, a recent SNL clip of Davidson has been making the rounds.

    Chris Evans: Avengers 4 wrapped and he is done with Captain America

    However, this does leave the door wide open for plenty of speculation leading up to next year's Avengers 4. Sure, Evans could simply be saying a heartfelt thank you to everyone on set, but we doubt it.
    Five senators hold keys to Kavanaugh's Supreme Court bid

    Five senators hold keys to Kavanaugh's Supreme Court bid

    Collins told reporters that Trump's lampooning of Ford at a Tuesday night MS campaign rally was "just plain wrong." Sen. Ford said, but you can't say so because everyone knows that kind of rhetoric would be outrageous", said Schumer.
  • Storm Callum may signal start of weekend wash-out

    Storm Callum may signal start of weekend wash-out

    So far, Galway has escaped the brunt of Storm Callum - with no reported power outages or major obstructions on the road network. Storm Callum bringing periods of heavy rain during Friday and continuing into Saturday - particularly over south facing hills.
    Carolina coast battening down, boarding up as hurricane nears

    Carolina coast battening down, boarding up as hurricane nears

    As a major hurricane heads for the East Coast, many supermarkets and food retailers are preparing for the storm. In North Carolina, Cooper says , "2,800 soldiers will be on active duty, joined by even more on standby".
    Interpol chief goes 'missing' in China

    Interpol chief goes 'missing' in China

    It added the organisation's secretary general Juergen Stock, not Meng, was responsible for the day-to-day running of Interpol. President of Interpol, Meng Hongwei was two years ago, prior to that, he was chief of the Central office structure in China.
  • West Bank workplace shooting leaves 2 Israelis dead

    West Bank workplace shooting leaves 2 Israelis dead

    The situation in the zone of the Palestinian-Israeli conflict escalated in September 2015. Several Palestinians have been arrested for questioning in connection with the attack.
    Michael strengthens into a hurricane, menaces Florida

    Michael strengthens into a hurricane, menaces Florida

    On Monday morning, the National Weather Service issued a storm surge watch from Navarre to Anna Maria Island, including Tampa Bay. Storm surge is not much of a concern because forecasters expect the hurricane to move quickly across the state, Martin said.
    Manchester United vs. Newcastle United - Football Match Report

    Manchester United vs. Newcastle United - Football Match Report

    Where are the values at Manchester United? "Jose Mourinho is one of the best managers in the world". In a five-minute span in the second half, United equalised.
  • Prince Harry and Meghan visit Dubbo during Royal Tour of Australia

    Prince Harry and Meghan visit Dubbo during Royal Tour of Australia

    However, the heavens opened during the royal visit, pelting the crowds with heavy rain and hail. "You are the salt of the earth". One of the key universal wardrobe staples is a killer pair of denim jeans that fit like they were custom made for you.
    Photos and videos show mass destruction from 'Monstrous' Michael in Florida

    Photos and videos show mass destruction from 'Monstrous' Michael in Florida

    State officials said 285 people in Mexico Beach had refused to leave ahead of the hurricane despite a mandatory evacuation order. More than 1.2 million homes and businesses were without power from Florida to Virginia on Thursday because of the storm.
    United States  citizens protest during Melania Trump 5-hour visit to Malawi

    United States citizens protest during Melania Trump 5-hour visit to Malawi

    The first lady also stopped at a site where ivory burns take place - a conservationist effort meant to discourage the ivory trade. Egypt marked her final stop on her tour of the continent which focuses on child welfare, education, tourism and conservation.