In 2024, Canelo Álvarez’s net worth 2024 is $250 million. In this article, we will learn about Canelo Álvarez Net Worth, Age, Wife, Wiki, Biography, Family, Career & More.
Canelo Álvarez is a Mexican professional boxer who has achieved remarkable feats in his career. He has held world championships in four weight classes from light middleweight to light heavyweight and has unified titles in three of those weight classes. He also holds lineal titles in two weight classes. In addition, Álvarez is the first and only boxer in history to become an undisputed champion at super middleweight. He has held the World Boxing Association, World Boxing Council, and Ring magazine titles since 2020, and the International Boxing Federation and World Boxing Organization titles since 2021.
How Much is Canelo Álvarez Net Worth?
Canelo Álvarez’s net worth in 2024 is around $250 Million. Saul Alvarez, also known as “Canelo”, is a Mexican boxer who competes in the Light Middleweight division. He is a four-division world champion and is widely regarded as the best pound-for-pound boxer in the sport. Canelo Alvarez has a proven track record of being a formidable opponent for every fighter he has faced throughout his career.
Canelo Alvarez is a professional boxer who started his career at the young age of 15. He has proven to be a talented boxer and has won multiple world championships in four different weight classes, including the light, middle, super, and light heavyweight divisions.
Canelo Alvarez is a professional boxer with several major accomplishments in his career. He won the WBC, WBA, and Ring magazine light middleweight titles in 2011, and the unified WBA (Unified), WBC, Ring, and lineal middleweight titles in 2015. In 2019, he moved to the light heavyweight division and earned the WBO title. In December 2020, he set a new record by unifying the WBA (Super), WBC, and Ring magazine super middleweight titles.
Net Worth | $250 Million |
Date Of Birth | 18 July 1990 |
Birth Place | Guadalajara, Mexico |
Age | 33 years |
Profession | Professional Boxer |
Nationality | Mexican |
Zodiac Sign | Cancer |
Father | Santos Álvarez |
Mother | Ana Maria Barragán |
Brother | Ramón Álvarez, Rigoberto Álvarez and Ricardo Álvarez |
Sister | Ana Elda Álvarez |
Wife | Fernanda Gómez |
Eye Color | Dark Brown |
Hair Color |
Ginger |
Canelo Álvarez Earnings
Saul “Canelo” Alvarez has earned significant money throughout his career. He has made $600 million pre-tax from all sources. Manny Pacquiao refused an offer to face Saul in Mexico for $65 million. Saul has had many opportunities to earn big money on major fights. For instance, he earned $1.2 million when he defeated Sugar Shane Mosley on May 5th, 2012, and $2 million plus a $100,000 knockout bonus from Golden Boy Promotions when he beat Josesito Lopez on September 16th, 2012.
Saul Alvarez, also known as Canelo, earned a $5 million purse and a percentage of pay-per-view profits amounting to $12 million for his fight with Floyd Mayweather. In November 2015, he earned a purse of $5 million and generated $58 million in domestic revenue from 900,000 pay-per-view buys during his fight with Miguel Cotto. In May 2016, he earned an estimated $15 – $25 million for his victory over Amir Khan, and the NCAS reported a live gate of over $7 million.
Between June 2017 and June 2018, Saul made $44 million from endorsements and boxing purses. Alvarez, on the other hand, earned over $40 million from the Golovkin fight, which had a live gate of over $20 million according to ESPN. In their second fight in September 2018, Canelo was guaranteed $25 million just to show up, and the rematch generated more than $94 million in PPV buys.
Canelo Álvarez Net Worth in the last three years
Year | Canelo Álvarezs Net Worth |
2023 | $249 Million |
2022 | $248 Million |
2021 | $247 Million |
Canelo Álvarez Wealth
In 2018, Alvarez signed a $365 million deal with DAZN, guaranteeing that his next ten fights would be aired through them. The deal was one of the largest sports contracts at the time. Due to this deal and various endorsements, Canelo earned $95 million between June 2018 and June 2019. The deal was straightforward: DAZN would pay Golden Boy $40 million per fight over 10 fights between 2019 and 2020, and Canelo would receive $35 million.
In September 2020, Canelo Alvarez, a renowned boxer, filed a lawsuit against DAZN, Golden Boy Promotions, and Golden Boy’s CEO Oscar De La Hoya for breach of contract. Canelo had not fought since November 2019 against Sergey Kovalev, and his lawsuit sought $280 million in damages along with lost sponsorship and gate revenue. The lawsuit was filed after a year of disputes among the parties, which resulted in Canelo not having any fights in 2020.
DAZN was unhappy with the opponents Canelo had chosen to fight, stating that they were not “premier”. In an attempt to persuade Canelo to fight Billy Joe Saunders, DAZN reportedly offered him half of his guaranteed $35 million purse.
Mexican boxer Canelo is currently in a legal dispute with DAZN and Golden Boy promotions. The core issue is that Canelo demands to be paid $35 million to fight the opponents he selects, or he wants to be released from his contract so that he can pursue fights independently. According to Canelo, the contract allowed him to choose his future opponents in collaboration with Golden Boy, but DAZN had the right to reject or approve them based on a separate agreement with Golden Boy.
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