Canelo Alvarez is a boxing powerhouse, who has dominated the ring, capturing titles across multiple weight divisions and etching his name as a relentless fighter. He’s even surpassed rival Floyd Mayweather Jr. in the sheer number of opponents conquered. Even when it comes to financial knockouts, Canelo is well on his way to the top. Celebrity Net Worth has ranked him fifth among the richest boxers of all time. However, that is not all.

According to Sportico, Canelo finds himself at 48th with an estimated earning of $460 million. Not only that but the Mexican Icon also left the world shocked after he made his way to the fifth position on Forbes’ list of highest-paid athletes. As of now, Alvarez is planning on making a return to the ring during the Cinco de Mayo weekend in Las Vegas. However, the identity of his opponent still remains unknown. With that in mind, let’s check out how is he faring financially this year so far, along with the account of his biggest paydays over the years.

Boxing champ’s bankroll: Here’s how much Canelo Alvarez is worth

Canelo Alvarez already packs a punch when it comes to finances. As of 2024, his net worth is estimated at a cool $250 million, according to Celebrity Net Worth, making him one of boxing world’s wealthiest athletes.

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His climb to riches wasn’t without its gloves-off moments. In 2018, he signed a record-breaking $365 million deal with DAZN, promising $35 million per fight. However, after feeling shortchanged, Canelo threw in the towel in 2020, suing for a whopping $280 million in unpaid earnings.

Despite the legal tussle, his career continued to flourish. Thanks to his victories and lucrative sponsorships, his fortune has grown to $180 million, according to Forbes. With each fight and endorsement deal, Canelo cements his place among boxing’s financial heavyweights. So, the next time you see him in the ring, remember, those punches don’t just land blows, they land big bucks too. Here’s a peek into some of the biggest paychecks he has made through his fights.

From Ryder to Golovkin: here’s how Alvarez is able to afford his lifestyle

Canelo Alvarez throws punches that pack a financial wallop, solidifying him as a boxing cash king. While guaranteed purses range from $5-$15 million, his true earnings come from PPV shares, often exceeding guaranteed amounts. Victories against Rocky Fielding and Daniel Jacobs saw estimated totals of $15 million and $7.5 million respectively.

Stepping up in 2019, Canelo challenged Sergey Kovalev for the light heavyweight title, boosting his purse to $15 million and estimated earnings to $30 million after the fight. Similar figures followed for Callum Smith and Avni Yıldırım. Fights against Billy Joe Saunders, Caleb Plant, and Dmitry Bivol pushed his earnings to a staggering $33-$38 million range.

Canelo Alvarez Offered $55 Million to Fight David Benavidez

Even recent victories showcase his dominance. The third Golovkin fight saw his PPV share reportedly climb to $45 million. Against John Ryder in 2023, his total earnings likely reached $38 million again. Who do you think will be Alvarez’s next opponent? Will it be Jermall Charlo or David Benavidez? Share your thoughts in the comments below.