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Canelo Alvarez Signs $365 Million 11-Fight Deal

Blogged By: Dex Ocean

On Wednesday, boxing star Canelo Alvarez signed a five-year, 11-fight deal worth a minimum of $365 million with streaming service, DAZN. 

After 45 years in the boxing game – showing most of the top fights – Premium Cable is calling it quits at the end of the year. Over the past few years, with the boost in technology, television ratings have dropped because of different streaming services.

DAZN, which only launched in the United States in September, is a new sports streaming service that’s been able to ink the deal with Canelo Alvarez. The deal will pay him until 2023.

With this deal, Alvarez becomes the highest paid athlete from sports contracts in the world, just ahead of Giancarlo Stanton of the New York Yankees who signed a 13-year deal for worth 325M!

Talking about getting to the BAG.

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Jen is a Writer and Content Curator for Baller Alert, who writes under the alias “MsJennyb.” In this role, Jen develops and contributes relevant special-themed content to attract readers. Before joining the Entertainment Industry via Baller Alert, Jen spent one year as a Freelance Writer and two years as a Human Resources assistant in a corporate office. Jen has a degree in Criminal Justice from Rutgers University with a concentration in Africana Studies. To contact Jen please email [email protected]

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