Sportico reports that Canelo Alvarez will make at least $40 million against Jermell Charlo on Saturday when the two square off in Las Vegas. The article indicates that Canelo’s career earnings will exceed $550 million.
Canelo, who is coming off of a sub-par performance against John Ryder, could earn $50 million for the Charlo fight depending on the PPV upside he is due.
Sportico estimates that his career pro earnings will eclipse $550 million since his start in 2005. Only Manny Pacquiao and Floyd Mayweather, Jr. have met this threshhold.
While Canelo is still a big draw, the last two fights may have shown his age. Canelo stepped up in weight class against Russian Dmitry Bivol and lost a decision. He then fought John Ryder in Mexico in a less-than-glamorous fight which saw Canelo in a decision. However, the expectation was a stoppage.
It was announced earlier this week that the gate for Canelo-Charlo would hit $20 million which would be the third time in 2023 that a boxing gate would hit the number. Tank-Garcia and Spence-Crawford being the other two.
Payout Perspective:
The Charlo fight will be a big test for Canelo. A win is expected but if he does lose and/or does not look good in a win, we could see the downside of the 33-year-olds boxing career. He is a big draw for the Mexican fans and a brand name in the sport of boxing. Yet, being this popular means that his ability is being dissected and parsed out to see any diminished skills. The business-side of a Canelo loss could mean that we may not see these big paydays for him.
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