Canelo Banks $35 Million For Light Heavyweight Debut

Photo by Denise Truscello/WireImage

Despite going up against Nate Diaz and Jorge Masvidal’s “BMF” title fight at UFC 244, Canelo Alvarez (52-1-2, 35 KOs) will step inside of the boxing ring tomorrow night (Sat., Nov. 2, 2019) live on DAZN from inside MGM Grand Garden Arena in Las Vegas, Nevada, in effort to take out defending WBO light heavyweight champion Sergey Kovalev (34-1-1, 29 KOs).

Luckily, Canelo will be earning a pretty penny for his divisional crossover, as the 29-year-old fighter is expected to bank $35 million for his main event clash with Kovalev as part of his deal with DAZN (per ESPN). Canelo stands to cash in even more based on final subscription numbers and any deal he currently has in place with Mexican TV.

Kovalev, on the other hand, is expected to earn a much lower fight purse of $3 million. The 36-year-old Russian champion, who is coming off a brilliant knockout win over Anthony Yarde back in August, could earn up to $12 million total when it’s all said and done. Not too shabby for the veteran fighter as he enters his biggest fight since a pair of bouts with Andre Ward from 2016-2017.

Here are the rest of the salaries for Canelo vs. Kovalev:

Canelo Alvarez $35 million
vs. Sergey Kovalev $3 million (guaranteed million more)

Ryan Garcia $250,000
vs. Romero Duno $50,000

Bakhram Murtazaliev $55,000
vs. Jorge Fortea $20,000

Seniesa Estrada $50,000
vs. Marlen Esparza $50,000

Blair Cobbs $20,000
vs. Carlos Ortiz $5,000

Meiirim Nursultanov $12,500
vs. Cristian Olivas $12,000

Evan Holyfield – Unknown
vs. Nick Winstead – Unknown

MMAmania will have LIVE coverage of Saturday’s main event. The DAZN broadcast begins with the undercard at 6:30 p.m. Eastern, continues on with the main card at 9:00, and culminates with Canelo and Kovalev making their ring walks around midnight.