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Canelo Alvarez’s Training Camp Costs Almost as Much as Jaime Munguia’s Last Fight Purse

Published May 4, 2024 | 7:20 AM EDT

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There’s a reason why Canelo Alvarez is so good at what he does! There’s a reason why his fights make mountains of cash! It’s all because of the amount of money he dumps into a fight before things unfold in the ring. With mere hours left in his fight against Jaime Munguia, the Mexican superstar revealed expenses for his training camp!

Canelo’s first dance in the ring of 2024 is scheduled to be held at the T-Mobile Arena Las Vegas, on the auspicious occasion of Cinco de Mayo. So, when he showed up in Las Vegas for his final press conference, a bunch of reporters surrounded him and one of them brought up an interesting question that revealed Canelo’s expenses nearly outweigh Munguia’s last fight purse!

Fight preparation for Canelo Alvarez means good house, food, and everything else

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After clashing heads with his former promoter Oscar De La Hoya during the press conference, he sat down with a flock of reporters, who probed him with a plethora of questions. One of them quickly asked him about the most amount of money he has spent on training camp to date. Face-to-face with an unusual question, ‘Cinnamon’ was unsure at first!

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He said, “I don’t really know. Probably like a half a million.” It’s worth mentioning that Munguia made $800K in his last fight against John Ryder, which is barely $300K more than what Canelo spends on his training. Not to mention, when Canelo fought Ryder, he made somewhere around $30 million for the fight. 

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Nevertheless, the reporter dug for details to uncover the mystery behind Canelo’s half a million expenses during his training camp. What luxuries did Canelo enjoy? What made him the formidable boxer he is? However, the answer was much more minimal in truth! Canelo responded, “A good house, food, everything.”

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Interestingly, it’s also this massive amount of money that allowed Canelo Alvarez to train at the altitude of 6000 ft. 

Canelo Alvarez shares experience training at Lake Tahoe

The Mexican boxing legend has left no stone unturned to defend his undisputed status in the impending clash. So, if it asked for training at a place no one could dream of, he didn’t back down! While appearing in the Big Fight Weekend podcast on April 26, Canelo said, “I feel great when I train in the altitude.”

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He further added, “When we were thinking about going to the altitude we were thinking about Lake Tahoe… So we found this gym and we feel great because it’s a very relaxed place, we have everything we need and my training camp is going really well. I feel my best right now.” However, the question is, will Canelo’s expensive training camp help the champion overcome his younger rival? Fans will have to wait. 

Mere hours are left in the fight between Canelo Alvarez and Jaime Munguia, and the diversity in their preparations seems to be massive. Will Canelo’s heavy wallet help him retain his belt? Or will Munguia’s partnership with Freddie Roach prove too much for Canelo to overcome? 

Written by:

Sudeep Sinha

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Sudeep Sinha is a Boxing writer at EssentiallySports. His string of noteworthy coverages includes USA Boxing’s new controversial guidelines, Francis Ngannou’s stunning boxing debut, and Amanda Serrano’s tussle with the WBC. Sudeep continues to contribute valuable insights with his passionate understanding of the ins and outs of the sport.
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Edited by:

Snigdhaa Jaiswal