Canelo Alvarez will earn a whopping $80 million for his upcoming fight against William Scull. The super middleweight title bout will take place on Saturday, May 3, at ANB Arena in Riyadh Season, Saudi Arabia.
The Mexican superstar's massive payday comes from his contract with Turki Al-Sheikh. Alvarez signed a deal worth $400 million for five fights, which breaks down to about $80 million per bout. But that's not all - Canelo will also rake in cash from merchandising, sponsorships, pay-per-view income, and other business deals.
Canelo has become one of the highest-paid athletes in the world thanks to his success both in and out of the ring. He's widely considered one of the best boxers from the United States and Mexico. His rise to the top isn't just because of his skills with his fists. Canelo has shown he's got a good head for business and surrounds himself with people he can trust.
While $80 million is an enormous sum, it's not the biggest payday in boxing history. That honor goes to Floyd Mayweather Jr., who pulled in a jaw-dropping $650 million for his fights against Manny Pacquiao and Conor McGregor.
As for Canelo's opponent William Scull, the Cuban boxer's earnings haven't been disclosed. But it's safe to say he'll be taking home a career-high paycheck for stepping in the ring with one of boxing's biggest stars.
The undercard will feature Marco Verde making his professional debut. Verde will look to make a name for himself on the same night Canelo adds another massive payday to his already impressive career earnings.
"Canelo has become one of the highest-paid athletes in the world thanks to his success both in and out of the ring," said a boxing insider familiar with the contract details. "His ability to negotiate these massive deals shows he's just as skilled in business as he is in the ring."
Come Saturday night, all eyes will be on Canelo and Scull as they battle for super middleweight supremacy. But for Canelo, the real prize might just be the $80 million he'll be adding to his bank account.
