Alvarez signs $365-million fight deal
Canelo Alvarez is boxing's new $US365-million man.
Alvarez has signed an 11-fight deal, guaranteeing the Mexican middleweight champion at least that much money to have his fights shown on the sports-streaming service DAZN, beginning with his next bout.
Alvarez will move up in weight to challenge WBA super middleweight champion Rocky Fielding on December 15 at Madison Square Garden.
A massive moneymaker when he fought on pay-per-view, Alvarez will be able to be seen for much cheaper through the subscription service that launched in the US in September and now features perhaps the two biggest figures in boxing in Alvarez and heavyweight champion Anthony Joshua.
"We have No. 1 and No. 2. They're the two most important fighters in the world," DAZN executive chairman John Skipper said.
Alvarez (50-1-2, 34 KOs) is coming off a victory over Gennady Golovkin in a middleweight showdown in September.
He is committed to fighting 11 times during the deal and willing to fight any of the contenders at 160 or 168 pounds.
Alvarez said for now his plan is to return to 160 after the bout against Fielding (27-1, 15 KOs), a British fighter who will be trying to win a title in his third weight class.
A third fight with Golovkin would be a natural after their draw and Alvarez's narrow victory in the rematch, but there would be plenty more options at middleweight if they don't meet again.
Whoever he ends up with at least Alvarez knows now where it can be seen.
"Forget about what the price is, the amount of money that we're making. The most important thing is that fans can enjoy this fight at a very low price," Alvarez said through an interpreter.
