PBC Ready to Pay “$35 Million” to Canelo Alvarez Only on One Condition

Published 02/22/2024, 12:25 AM EST

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Canelo Alvarez faces a unique dilemma. The boxing world buzzes with anticipation. Who will he fight next? This question looms large. Alvarez last dominated inside the ring in September against Jermell Charlo. Now, May 4th beckons for his return. The stakes? A staggering $35 million offer awaits him. But there’s a catch.

Premier Boxing Champions (PBC) sets a condition. Alvarez must choose his opponent wisely. Surprisingly, the preferred contender is not whom you’d expect. This decision could shape his legacy. Will Alvarez meet PBC’s terms?

Is 35 million enough to sway Canelo’s decision?


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In a recent revelation, Michael Benson tweeted, “‼️ Al Haymon’s PBC are reportedly ready to pay Canelo Alvarez his guaranteed purse said to be ‘around $35million’ for a fight vs Jaime Munguia on May 4th, but not if he insists on Jermall Charlo. It’s claimed PBC believe fight vs Munguia would sell better. [According to @ESPNmx].” This announcement has stirred the pot in the boxing community, given Alvarez’s previous statement in an interview that his next opponent would not be Mexican. Yet, PBC’s proposition seems to challenge this assertion directly.

Jaime Munguia, the fighter at the heart of PBC’s condition, is coming off a dominant win over John Ryder in January, extending his unbeaten record to an impressive 43-0, with 34 knockouts. This victory not only cemented Munguia’s position as a formidable contender but also raised his profile as a potential opponent for Alvarez.


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Many fans also want Canelo to fight David Benavidez, but it seems the odds are skewed towards the other Charlo brother Jermall Charlo, as The Ring has claimed. While people debate who he should face next, Julio Cesar Chavez has some words of his own for Canelo.


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Benavidez as the ultimate challenger for Canelo Alvarez

The public’s voice is loud and clear: David Benavidez stands out as the most anticipated challenger for Canelo Alvarez’s next bout. Amid a sea of worthy contenders, Benavidez’s name emerges as the fan-favorite and the most deserving to face the super middleweight champion around his iconic Cinco De Mayo fight date.

Julio Cesar Chavez Sr., a legend in his own right, acknowledges the complexity of Alvarez’s situation, saying, “Whoever it is going to be, it’s a good opponent for Saul. But Benavidez… it’s a fight that everybody wants to see.” This sentiment underscores the high stakes and the public’s eager anticipation for a showdown that would not only test Alvarez’s mettle but also potentially define his legacy.


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As we edge closer to May 4th, the question on every boxing enthusiast’s mind is. Who will Alvarez choose to face in the ring? Will he heed the call of the fans and take on Benavidez? Or will the allure of a lucrative offer sway his decision?


Written by:

Mrinal Mishra


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"Boxing is the ultimate challenge. There's nothing that can compare to testing yourself the way you do every time you step in the ring," said Sugar Ray Leonard. Growing up engrossed in sports, it was the compelling narrative of the Mike Tyson documentary that first pulled me into the magnetic world of boxing.
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Edited by:

Arijit Saha