Forbes puts Canelo's net worth at around $275 million. This impressive figure comes from his salary as a boxer, fight purses, fortune, possessions, and a business portfolio spread across different areas. He's ranked No. 14 overall in 2024 among global athletes and holds the title of the highest-paid Mexican athlete in the world.
Canelo's earnings are set to skyrocket even further. He's just signed a deal with Turki Al-Alshikh and the Kingdom of Saudi Arabia for five fights worth $400 million. This contract could soon push him into the top 10 highest-paid athletes globally.
The boxer's annual earnings from fights alone sit at around $75 million. Since turning professional in 2005, Canelo has raked in just over $600 million in career earnings.
Canelo's earning power isn't new. In 2018, he inked a $365 million contract with DAZN for five years, averaging $33 million per fight. However, this deal was cut short in 2020.
With his upcoming Crawford fight and the new Saudi deal, Canelo's financial trajectory is on an upward swing. His ability to command such high purses cements his status as one of boxing's biggest draws and highest earners.