Canelo Alvarez will face William Scull in a super middleweight title fight on Saturday, May 3, at ANB Arena in Riyadh, Saudi Arabia. The bout marks another big payday for the Mexican superstar.
Alvarez signed a massive contract with Turki Al-Alshikh worth $400 million for five fights. That breaks down to about $80 million per fight. The deal doesn't include money from merchandising, sponsorships, pay-per-view income, or other business deals outside the ring.
Canelo's success comes from his skills in the ring and his business smarts outside of it. He's built a trustworthy team around him that's helped make him one of the highest-paid athletes in the world.
While Canelo's earnings are impressive, they don't quite reach the heights set by Floyd Mayweather Jr. Mayweather made around $650 million from just two fights - his bouts against Manny Pacquiao and Conor McGregor. Those paydays still stand as the biggest in boxing history.
The Riyadh Season card will also feature Marco Verde making his pro debut. Verde will step into the ring for the first time as a professional on the undercard of the Canelo-Scull main event.
Canelo's fight against the Cuban boxer Scull continues to cement his status as one of boxing's biggest stars. His blend of in-ring talent and business savvy has turned him into a financial powerhouse in the sport.