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Canelo Alvarez Plans to Sell His Customized $60 Million Yacht

Published 03/26/2023, 11:45 AM EDT

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Canelo Alvarez is one of the wealthiest boxers in the world. Alvarez has a lot of luxurious belongings written down to his name, which includes a lot of expensive cars. It would not be an exaggeration to say that Alvarez sits parallel to Floyd Mayweather, alongside other athletes like Cristiano Ronaldo and Michael Jordan. But the most unique belonging of Alvarez until now is the red and black motor yacht, which he has also named, ‘Canelo’.

As per recent reports, Alvarez is planning to sell his superyacht, he even posted a Story on his Instagram where the people behind the famous Instagram Account, The Billionaires Club, went to check up on the Sunseeker-built yacht. Alvarez also reshared the video made by The Billionaires Club.

Canelo Alvarez is selling his motor yacht

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Alvarez’s yacht can accommodate 10 people along with 4 crew members for steering the superyacht. Well, it also contains the power of 2 MTU engines, which reportedly gives it a top speed of 24 knots. Currently, ‘Canelo’ is out for a sale, for a price of $5.9 million as he grouped up with the FTG Yacht Group. So in the Story, it could be seen that Diego Luca gave the viewers some at-hand information about the yacht, and he as usual started speaking with his catchphrase.

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He said, “Boom. So we’re here with The Billionaire’s Club and we’re about to show you M.Y. Canelo, she’s a 101 sun-seeker. If you like red and black, this is your yacht. If you like something sexy, this is your yacht, there you go. Boom.

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So, it’s apparent that there are many other Yacht enthusiasts who’ll be excited to buy the spectacular motor yacht, ‘Canelo’. But besides his personal belongings and materialistic distractions, Alvarez is still at the top of his game. He’ll be fighting John Ryder next in the lands of Mexico. But after the Ryder fight, since David Benavidez has defeated Caleb Plant, will Canelo Alvarez take up the fight with ‘The Mexican Monster’?

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Benavidez is not the first priority of Canelo Alvarez

It is safe to say that everyone wants to see Canelo Alvarez go against his fellow Mexican boxer, David Benavidez next. But Alvarez has something else planned before Benavidez. In his interview after the John Ryder press conference, he admitted that his main priority is getting his rematch against Dmitry Bivol first. And currently, he doesn’t want to invest his energy in anything else.

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Alvarez made his stance clear, that he’d be only thinking about fighting Benavidez if either the fight with Bivol will not be happening or if it has happened. So, basically, the ‘Cinnamon’ wants to get his rematch against Bivol and recover his only loss after Floyd Mayweather. Who do you want Canelo Alvarez to fight next? Let us know in the comments section.

Watch This Story: A Look Inside Canelo Alvarez’s Multi-Million Dollar Car Collection: Bugatti Chiron, Lamborghini Aventador SVJ, and More

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Written by:

Chirag Radhyan

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Chirag Radhyan is a Boxing Writer at EssentiallySports. He has a Bachelor’s degree in English Honors and is a keen follower of Western Boxing. His journey of love for the sport bloomed in his puberty when he first saw a video of the fight where Mike Tyson TKO'ed Donovan in the seventh round.
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Edited by:

Shibu Immanuel