Saul Alvarez Net Worth
Saul Alvarez net worth and career earnings: Saul Alvarez, AKA "Canelo", is a professional Mexican boxer in the Light Middleweight division who has a net worth of $100 million. Saul Alvarez was born July 18, 1990 in Guadalajara, Mexico. Saul's nickname "Canelo" is the Spanish word for cinnamon, which is a reference to his red hair. Saul Alvarez is slightly unique in that he looks like he could have been born and raised in Dublin, Ireland but is in fact full blooded Mexican and speaks very little English. Manny Pacquiao was allegedly offered a whopping $65 Million to face Saul in Mexico but Pacquiao declined. On May 5th, 2012, Saul Alvarez earned a purse of $1.2 million when he faced and subsequently defeated Sugar Shane Mosley. On September 16th 2012, Saul Alvarez defeated Josesito Lopez and earned a $2 million purse plus a $100,000 knockout bonus from Golden Boy Promotions. He fought Floyd Mayweather on September 14, 2013. He lost by decision. For the fight, Saul earned a $5 million purse plus a percentage of PPV profits which brought his total take up to $12 million. On November 21, 2015, Saul Alvarez earned a purse of $5 million when he defeated Miguel Cotto. In May 2016, Saul Alvarez earned an estimated $15 – $25 million defeating Amir Khan. Between June 2017 and June 2018, Saul earned $44 million from endorsements and boxing purses.
Alvarez defeated Liam Smith in September 2016 to win the WBO light middleweight title. In May 2017 he beat Julio Cesar Chavez Jr. to bring his professional boxing record to 49 – 1 – 1 with 34 knockouts. Alvarez fought Gennady Golovkin on September 16, 2017 in what was a highly anticipated fight. The fight was called a draw and Alvarez retained his The Ring middleweight title. Alvarez earned more than $40 million from the fight. When they fought again in September 2018, Canelo was guaranteed $25 million to show up. Alvarez was ranked as the world's best pound for pound boxer in May 2017 by BoxRec. He started boxing at 13 years old and won a silver medal at the Junior Mexican National championships before turning pro at just 15. He is recognized for being a greater counter-puncher with the ability to avoid shots.
Saul Alvarez Major Purse History:
Sugar Shane Mosely: $1.2 million
Josesito Lopez: $2 million
Floyd Mayweather: $12 million
Miguel Cotto: $5 million
Amir Khan: $25 million
Gennady Golovkin I: $40 million
Gennady Golovkin II: $30 million
Total: $115 million (to date)
Oscar De La Hoya Contract: On October 17, 2018, Canelo Alvarez signed a 5-year $365 million fight contract with Oscar De La Hoya's promotion company. The deal will cover 11 fights starting with his December 15, 2018 matchup against Rocky Fielding in New York.