Canelo Alvarez is poised for a historic payday as he prepares to face Terence Crawford this Saturday at Allegiant Stadium.
The fight, which will be broadcast live on Netflix, is among the most anticipated boxing events of the year, featuring two of the sport’s elite competitors in a matchup that has drawn international attention.
In the lead-up to the bout, reports suggested Alvarez had secured a $100 million contract for the fight.
On Thursday, Saudi backer Turki Alalshikh clarified at the official press conference that the actual figure exceeds that estimate, making it the largest single-night payday ever for a Mexican athlete.
“You get the number wrong. That contract between us and Canelo is more than that,” Alalshikh stated when asked about the reported $100 million purse.
The announcement was met with congratulations from Crawford, who acknowledged Alvarez during the press conference.
Alvarez expressed his gratitude to the Saudi organizers and officials who helped make the fight possible.
He highlighted the decision to stage the event in the United States rather than Saudi Arabia, emphasizing its significance for fans.
“At the beginning, I never had it in mind,” Alvarez said. “After extensive discussions and the offer, you can see how significant this is-two of the best fighters in this era facing each other.
“We need to thank Riyadh Season, Turki Alalshikh, and Crown Prince Mohammed for supporting this fight in the U.S. for Mexican and American fans.
“I am grateful that they have made this once-in-a-lifetime event possible.”
Fans are anticipating a modern classic in Vegas
The fight not only represents a financial milestone for Alvarez but also stands as a major sporting and cultural event. Both fighters are recognized as among the best in boxing today, and the matchup carries considerable weight for fans and analysts worldwide.
The combination of elite talent and the record-breaking contract elevates the fight beyond a standard sporting contest, marking it as a landmark event in professional boxing.
Coverage of the main card will begin on Netflix at 9 p.m. EST, with the main event expected around 11 p.m. The broadcast aims to reach millions of viewers globally, further underscoring the significance of the matchup and Alvarez‘s status as one of the sport’s top draws.
Alvarez‘s team has emphasized the historic nature of the fight, noting both the level of competition and the international attention it has attracted.
Crawford, widely regarded as a premier pound-for-pound fighter, adds substantial intrigue to the event. The bout promises to be a defining moment for both fighters in terms of performance, recognition, and financial achievement.
As fight night approaches, Alvarez‘s record-breaking contract highlights the intersection of skill, marketability, and financial opportunity in modern boxing.
The matchup against Crawford is expected to deliver a high-stakes contest both in the ring and in terms of its cultural and economic impact, cementing its place as a major event in the sport’s history.
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