Canelo Alvarez will once again be heavily compensated for his return to the boxing ring this evening (Sat., May 4, 2024) live on DAZN pay-per-view (PPV) from inside T-Mobile Arena in Las Vegas, Nevada, as the Mexican superstar defends his undisputed super middleweight title against undefeated bruiser Jaime Munguia.
Alvarez may be getting up there in age and not dominating the competition quite like he used to, but the 33-year-old champion is still one of the best fighters in boxing today. At the very least, he remains one of the most popular fighters in combat sports. There’s no disputing that, which is why Canelo stands to earn another massive payday for Saturday’s title defense in “Sin City.”
According to Marca, Canelo is expected to bank a ridiculous $35 million salary from Premier Boxing Champions (PBC) for his fight against Munguia. The two sides had some issues earlier in the year, but that number seems to be the going rate for Alvarez’s services. Of course, Canelo can earn much more through PPV revenue, ticket sales, and more.
As for Munguia, it’s unknown at this time what the undefeated fighter stands to earn for his fight against Canelo, but it will undoubtedly be the biggest purse of his career. Some are estimating the 27-year-old fighter will walk away with around $10 million guaranteed (double his current net worth) before any secondary revenue is calculated. Not too shabby for a fighter who is currently a 4-1 betting underdog.
“Obviously, without a doubt, it’s the best purse, but thank God I’ve done very well and I’m not surprised, I’m not impressed,” Munguia told Marca. “What matters to me is to go, give a good fight and win, because what’s coming is going to be much better.”
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