Canelo Net Worth.
Did you know that Canelo Alvarez signed a $365m deal with DAZN in October 2019? and it became the biggest contract deal in sports history.
Mike Trout has now gotten a better contract than passed Alvarez’s, but his contract is still the second-richest highest paid deal in sports history.
Let us show you how Canelo Net Worth formed up together after years in the sports industry.
Table of Contents
Canelo Alvarez Business
Alvarez works with De La Hoya because he signed a deal with Golden Boy Promotions back in 2010 after he fought in 31 matches, and has been a reliable client ever since.
“I would love to show everybody that I will become a champion and I am ready to fight the best fighters in the world,” Alvarez said.
Canelo Net Worth
According to Forbes, Canelo Alvarez earned $42m for his fights back in 2017 because every match raised over one million pay-per-view sales.
In his contract with DAZN, Alvarez earns an average of over $33m for each fight. Before his deal with DAZN, Alvarez was in his second fight contract with HBO.
Canelo made it clear that he was ready to stay before the DAZN deal. “I love a challenge, and this is another challenge in my career,”
Canelo Alvarez’ Endorsements Deals
Thanks to Alvarez’s popularity, he earned lucrative endorsement deals with top brands across the world. Alvarez started his acceptance Under Armour back in 2012.
Alvarez’s gloves have been fantastic since 2014, and he’s used for adverts ever since.
In 2016, He also agreed on a deal with a Mexican beer manufacturer owned by Heineken called “Tecate”.
His marketing company Golden Boy Promotions allowed the deal without any problems.
Canelo Alvarez claimed the WBA “regular” super-middleweight title from a fourth-round win over Rocky Fielding, Alvarez is also the WBA, WBC, Ring Magazine and Lineal middleweight champion after his victories in September.
Canelo Alvarez also worked with Hennessy in 2017 and fights with the popular headline: “Never Cease. Never settle”.
Since 2012, Alvarez has worked alongside Under Armour, a giant sportswear equipment brand.
After this arrangement, Alvarez revealed how Under Armour aided his performance, and rise among Mexican athletes.
“I plan to use more Under Armour products and working with the brand to athletes in Mexico, and across the world.”
The fact Cancelo Alvarez was a Mexican made him a perfect fit with the brand Tecate, which was approved by Golden Boy Promotions.
In 2014, Alvarez and Everlast worked together, and he started to fight with the company’s gloves and equipment.
Canelo Alvarez Online Social Life
Canelo Alvarez like other sports athletes has millions of fans across his social media platforms.
Alvarez has 1.3 million followers on Twitter, 4.5 million followers on Instagram, and 2.9 million fans on Facebook.
Canelo Alvarez Charity Organizations.
Alvarez did give back to his community after becoming a pro boxer.
Alvarez provided inspirational talks with children in that region and also built a school to help the neighborhood.
According to ESPN in 2017, Alvarez provided supplies, medicines, building equipment worth over $1.7 million to Guadalajara after a 7/1 magnitude earthquake.
CANELO ALVAREZ’S HOUSE AND CARS
A Guy of Alvarez’s wealth and cash revenue lives like a king in his way with luxury cars of his choice without any problems what so ever.
Alvarez sold his six-bedroom, seven-bath,11,970 square-foot home in October of 2015 for around $6 million.
Conclusion
Canelo’s net worth is $44.5 million. He is not far behind fellow boxer Floyd Mayweather Jr.
Alvarez was ranked second by Forbes among the richest boxers in the world and 62nd in sports celebrities worldwide thanks to his fortune.
