Canelo Alvarez to earn 10 times as much money as | Boxing News

Canelo Alvarez is set to pocket more than £73million from his bout with Terence Crawford, while his opponent will take home just £7.3m. Alvarez is defending his 4 super-middleweight world titles at the Allegiant Stadium in Las Vegas on Saturday night time and is predicted to increase his bank stability by a staggering quantity regardless of the outcome.

UFC boss Dana White, who is selling this weekend’s struggle, hinted earlier in the week that Alvarez may very well be wanting at a nine-figure payday in phrases of American {dollars}, which might be over $100m, a determine that was talked about to the Mexican at Thursday’s press convention. In response, Alvarez joked: “Why are you lowering the bag? I’m fighting for more and you’re lowering it.”

Saudi boxing chief Turki Alalshikh then intervened to make clear: “No, you get the number wrong. The contract between us and Canelo [is] more than that.”

To which Crawford responded: “Congrats, Canelo.”

Earlier this 12 months, Alvarez signed a four-year deal with Alalshikh just as he was about to agree to a struggle with YouTuber Jake Paul. Alvarez took on William Scull in the first match of his contract and secured his face-off with Crawford after a commanding factors win in May.

Alvarez is set to fulfil his contract with fights in February and October next 12 months, both anticipated to happen in Riyadh.

Crawford, meanwhile, beforehand revealed he’ll pocket £7.3m from this weekend’s bout, less than 10 per cent of his rival’s purse.

“I got $10 million for that fight [with Canelo],” he told the Ring Champs podcast.

“I’m doing it for the opportunity, baby, the legacy. The legacy outweighs the money. Three-time undisputed, ooo-wee coming soon. And I might go back down 154lbs and do it again.”

Alvarez, who enters as the bookmakers’ favorite for Saturday’s conflict, can be competing before a crowd backing Mexico.

“I feel great,” he said. “For me, this fight means a lot and I feel great. Ready. I can’t wait for Saturday night.

“I am unable to wait for Saturday night time and thank everyone coming to help the event,” he said.

“This struggle for me is big. It’s one of the most important fights in my profession. For sure it means a lot… this win goes to be in the very top.”

Crawford added: “I feel fights like this help the game of boxing grow in the sense of having the best struggle the best and it ain’t going to do nothing but make the game better and the best goes to start preventing the best. It’s going to be stamped in the historical past books and the talk goes to be over.”