Initially reported as a $100 million contract, the actual amount is even higher. Saudi backer Turki Alalshikh clarified at the official press conference:
"You get the number wrong. That contract between us and Canelo is more than that."
This payday marks the largest single-night earnings for a Mexican athlete, cementing Alvarez's status as one of boxing's top draws. The fight has drawn international attention, bringing together two of the sport's elite competitors.
Alvarez expressed his gratitude for the opportunity:
"At the beginning, I never had it in mind. After extensive discussions and the offer, you can see how significant this is-two of the best fighters in this era facing each other. I am grateful that they have made this once-in-a-lifetime event possible."
The decision to host the fight in the United States instead of Saudi Arabia was made with Mexican and American fans in mind. Alvarez acknowledged the support from Saudi officials:
"We need to thank Riyadh Season, Turki Alalshikh, and Crown Prince Mohammed for supporting this fight in the U.S. for Mexican and American fans."
Crawford, widely regarded as a premier pound-for-pound fighter, congratulated Alvarez on the contract. The matchup is seen as a defining moment for both fighters and a landmark event in professional boxing.
The fight showcases the intersection of skill, marketability, and financial opportunity in modern boxing. It's expected to reach millions of viewers globally, highlighting its cultural and economic impact.
As fight night approaches, fans and experts alike are gearing up for what promises to be one of the most anticipated boxing events of the year. The bout between Alvarez and Crawford will not only be a high-stakes contest in the ring but also a major milestone in the sport's history.