It is no secret that Canelo is one of the highest paid athletes in the world, which is the result, in the first instance, of his sporting success, but also of a great business acumen and a circle of friends made up of trustworthy people
For his fight this weekend against William Scull, Canelo repeated the recipe and, as has happened with his previous battles, the sum he will take home exceeds mortal imagination
Why is Canelo worth so many millions?
The agreement signed between Canelo Alvarez and Turki Al-Alshikh includes five fights for a total of $400 million. This sum does not include income from merchandising, sponsorships, PPV income or extra-sporting contracts
We are talking about a boxer who, as a professional, has shown all his potential for years, until he became one of the best boxers in the United States and Mexico
Canelo vs Scull: How much money will Canelo earn?
While the exact figure of what Canelo will earn against Cuban William Scull has not been officially revealed, it can be calculated that it would be $80 million based on the contract he signed with Turki Al-Sheikh, chairman of the General Entertainment Authority of Saudi Arabia
With this figure, Canelo would have completed one of the most lucrative contracts in boxing history, although he is still a long way from the $650 million that Floyd Mayweather Jr. earned for his exhibition fights against Manny Pacquiao and Connor McGregor, the current mark in boxing
What are Canelo’s businesses outside the ring?
The Mexican has diversified his income with his businesses and covering different areas: he has taco restaurants such as Pastor del Rica, which has branches in Guadalajara and the US, he also has gas stations (Canelo Energy) and convenience stores (Upper).
He has also ventured into consumer goods and other products such as alcoholic beverages (VMC), nutritional supplements (Yaoca), a clothing line (Canelo Store) and sports apps (I Can), among other companies and ventures.
What is Canelo Alvarez’s net worth?
According to Forbes, Canelo Alvarez is worth around $275 million. This not only includes his salary as a boxer and the purses he earns, but also his fortune, possessions and business portfolio in different areas.
How much will William Scull earn for his championship fight with Canelo Alvarez?
William Scull will go from having received $300,000, until then the best pay of his professional life after defeating Russian Vladimir Shishkin last year, to pocket up to three million just for the fact of getting into the Canelo ring, and on top of everything in Saudi Arabia, according to information from SportySalaries and TSM Sportz.
When is the Canelo Alvarez vs William Scull fight?
On Saturday, May 3, Canelo Alvarez and William Scull will face each other at the ANB Arena, Riyadh Season, for the super middleweight titles. On the same card, Marco Verde will also make his professional debut.
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