Boxing champion Canelo Alvarez signed the largest sports contract in history.
.@Canelo’s Resumé ?
— DAZN USA (@DAZN_USA) October 17, 2018
After his recent victory over Gennady Golovkin last month, middleweight champion Canelo Alvarez signs an 11 fight deal that is worth at least 365 million with a video stream and service DAZN. This opportunity comes about after his deal with HBO expired.
HBO announced they were getting out of the fight game after 45 years as the end of the 2018 year. Canelo's last fight with Golovkin was an HBO pay-per-view exclusive. That fight brought an estimated 50 million dollars.
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Con mucha emoción les anuncio mi siguiente pelea. Próximo 15 de diciembre en el MSG de New York. Tomando un gran reto más en mi carrera y representando al wbc como campeón de las 160 lbs ahora pelearé por el título mundial por las 168 lbs vs Rocky Fielding actual campeón wba!??? It is with great pleasure I announce my next fight to be held December 15th at Madison Square Garden in NYC, undertaking another great challenge in my carrer and representing the WBC as the 160 lb champion. I will fight for the 168 lb Title against the current WBA champion Rocky Fielding! #MiEra #canelotime
Canelo is the current WBA and WBC middleweight champion.
Alvarez recently told ESPN, "This is only from my hard work." He continued by stating,
"The most important thing to me was being able to give the fans the opportunity to see me fight without having to pay the $70 or $80 for my fights on pay-per-view. That was the most important thing, more important than what I am making."
DAZN is a fairly new subscription-based streaming service, launching in select countries back in 2016, but just launched in the United States last month. They charge customers $9.99 a month and will broadcast more than 80 fights a year.
DAZN has also signed the current IBF, WBA and WBO heavyweight champion Anthony Joshua.
Alvarez's next plan fight is the sub of 15th a Madison square garden in New York against Rocky Fielding.