feature-image

Getty

feature-image

Getty

The kingpin of boxing, Canelo Alvarez put up one of his career-best performances against Callum Smith. Both the fighters earned substantially well in this fight, and it guaranteed the Mexican boxer around $20-25 million. But it was less than the $35 million he was making per fight under the DAZN deal.

Terrell Owens holding Dude Wipes XL

In October 2018, Canelo and his then manager, Oscar De La Hoya, entered a prospective deal with DAZN. They sealed the deal for about $365 million for streaming Saul’s 11 fights on DAZN platforms throughout the world. But the lucrative deal between Canelo, DAZN, and ‘Golden Boy’ ended as the Mexican boxer filed a lawsuit against them.

Watch What’s Trending Now!

ADVERTISEMENT

article-image

Canelo dragged DAZN and ‘Golden Boy’ to court as the deal promised didn’t really come through, and Canelo wasn’t paid the amount the deal said he would get. Litigations are expensive, and this could have halted Saul’s career for a while. The case was finally settled in November this year, and Saul has opted to be a free agent since then.

ADVERTISEMENT

After the settlement of the lawsuit, Al Haymon, a big-wig promoter of boxing, capitalized on this juncture. He offered Canelo a three-fight deal worth $75 million. In this deal, the first opponent Canelo would have to face was Caleb Plant and Jermall Charlo was the second. There was no information on who the third opponent would be for this deal.

ADVERTISEMENT

Alvarez agreed to fight Caleb Plant for $25 million, but dispelled the other two fights for the same amount.

Read – 5 Things You Didn’t Know About Canelo Alvarez

ADVERTISEMENT

Should Canelo Alvarez accept the $75 million offer?

Canelo would have earned handsome pay cheques had his deal with DAZN been alive. But the world is going through a huge financial crunch because of the global pandemic. There is so far no reassurance of everything getting back to its place quickly. In this crisis period, $25 million per fight is still a substantial deal.

ADVERTISEMENT

article-image

Getty

When things get back to normal, Canelo could re-negotiate or enter new terms with any dignitary parties to earn his fair share in the sport.

It will interest one and all to see what Canelo and his team decide on next. Do you think Canelo should accept the aforementioned offer? Or do you feel Canelo is earning what he’s destined to?

ADVERTISEMENT

Share this with a friend:

Link Copied!

ADVERTISEMENT

ADVERTISEMENT

Written by

author-image

Prathamesh Singh Chauhan

2,784 Articles

Prathamesh Singh Chauhan is a Boxing Author at EssentiallySports. He is a graduate from the International Institute of Sports Management who combines his love for sports, particularly combat sports, and his flair for writing and analysis to help him in his day-to-day work. He has prior professional experience with sporting organizations such as Star Sports, Khelo India, and NBA. Chauhan explores and analyses a sport he has been following ever since Anthony Joshua and Dillian Whyte engaged in a duel in 2015. He adores old-school punchers like Manny Pacquiao, as well as modern-day greats such as 'The Gypsy King'. In his downtime, he engages in rigorous workouts to cater to his love for fitness.

Know more

ADVERTISEMENT