Canelo Alvarez Signs 5-Year, $365 Million Fight Deal With DAZN

Canelo Alvarez Signs 5-Year, $365 Million Fight Deal With DAZN

Canelo Alvarez Signs 5-Year, $365 Million Fight Deal With DAZN

Saul "Canelo" Alvarez has signed the most lucrative contract in sport history, after agreeing a five-year, 11-fight worth $365million [£278 million] with DAZN, the U.S. digital sports streaming channel. "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. It's very important. We have something pending there, so let's make the second fight".

Alvarez is coming off the biggest win of his career in September, a thrilling majority decision victory against Gennady "GGG" Golovkin to become the WBC, WBA, Lineal and Ring Magazine Middleweight champion.

The contract with DAZN is the largest contract ever for a sportsman, greater than the 13-year, $325 million agreement that New York Yankees hitter Giancarlo Stanton signed in 2014 to move from the Miami Marlins. It literally takes me 1 night and 1 fight to make what you might make in 5 years and 11 fights!

Canelo Alvarez has signed a $365 million deal with streaming service DAZN, per the LA Times.

Alvarez steps up to super-middleweight to fight Britain's Rocky Fielding in NY on 15 December - his first fight under the DAZN deal.

DAZN now have exclusive United States rights to Alvarez's next 11 fights after his contract with American broadcaster HBO - who are leaving boxing - expired.

A subscription in the USA will cost $9.99 under the five-year term with Golden Boy, which will also oversee another ten fights that will stream on DAZN in 2019. "But I always want to take on challenges, and I am very happy my fans will be able to see me fight for a small cost".

"He said, our first meeting with him over two weeks ago, he came to our office and said, 'I've got a blank check, I'm not leaving until we make a deal.' And he put his money where his mouth is".

John Skipper, executive chairman of Perform Group, DAZN's parent company, had the following to say on the deal being made.

Alvarez, 28, is from Mexico.

"This is easily one of the best days in the growing history of Golden Boy Promotions", said De La Hoya, speaking to ESPN.

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