Canelo Alvarez Inks Massive $365 Million Five-Year DAZN Deal

May JohnsonOct 19, 2018

World Boxing Council President Mauricio Sulaiman is overjoyed by the news that Saul "Canelo" Alvarez signed a five year, 11 fight deal with streaming service DAZN.

"This is only from my hard work", Canelo told ESPN of this record-breaking contract (via MMA Mania).

It will offer fans a monthly subscription service to watch the fights rather than having to pay hefty pay-per-view fees.

Alvarez, 28, outpointed middleweight destroyer Gennady Golovkin in their September PPV rematch, which also marked his last bout with HBO after the premium cable network announced it was ceasing boxing coverage after 45 years.

The reported value of the deal would top the previous most-valuable contract - the $325m 13-year deal of baseball star Giancarlo Stanton in 2014.

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"If he wants to return, I ask him to look my way to give a great fight to the fans".

Alvarez previously had a deal with HBO to broadcast his fights on a pay-per-view basis. He will meet secondary world champ Rocky Fielding on December 15 at Madison Square Garden in NY. This mammoth deal, which will span 5 years and 10 fights, is being called "the highest paid guaranteed contract in sports history" by Canelo's promoter Golden Boy Promotions.

If he defeats Fielding - as expected - who's to say Alvarez can't go back down to 160 and thoroughly wipe out the slate, whether that includes Jacobs, a Jermall Charlo (once he comes off his suspension) and "GGG", who Canelo spoke with DAZN earlier about facing in a possible trilogy.

Canelo was most recently aligned with United States broadcaster HBO but the network announced it would move away from live boxing coverage at the end of 2018. "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". "We are committed to making this sport as accessible as possible and at an affordable price for all the fans". "By bringing Canelo's fights to DAZN, we will turn his pay-per-view success into a growth engine for subscribers - a truly transformational moment for our business and the entire industry". Now Alvarez will seek to join a small and illustrious list of three-division world champions from Mexico as he steps up to 168 pounds to challenge Fielding.

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