Canelo Alvarez Net Worth 2021: is he richer than Anthony Joshua, Tyson Fury and other boxing superstars?

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Since 2005, Canelo Alvarez has fought 59 times. Throughout his long career as a professional boxer, he racked up 56 wins, 1 draw against Gennady Golovkin and only one fault against Floyd Mayweather. Over the years he has always been on top of the sport and has always been eager to face the toughest opponents in different weight classes.

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Today, he holds titles in four different weight categories – welterweight, middleweight, super-middleweight and light-heavyweight. Canelo Alvarez is also ranked pound for pound best active boxer by Box Rec, The Ring, BWAA and TBRB.

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Being a champion in several weight classes and being ranked as the p4p king of boxing, he made a name for himself and made a dent in the sport. With his victories, titles, rankings and respect in the boxing world, he also made a lot of money in the process.

Today, he can easily be considered one of the richest athletes in sport. Here’s a detailed breakdown of his updated 2021 net worth, career earnings, endorsements, and more.

What is Canelo Alvarez’s net worth?

According to Celebrity Net Worth, Canelo Alvarez has a net worth of $ 140 million in 2021. Although he has several other sponsorship deals and businesses, his main source of income is boxing.

Compared to Anthony Joshua’s $ 60 million and Tyson Fury’s $ 57 million net worth, Alvarez could be considered one of the richest in sports.

In 2018, Alvarez signed the biggest contract in boxing history. The Mexican fighter signed an 11-fight contract worth $ 365 million with DAZN and Golden Boy Promotions in 2018.

May 8, 2021; Arlington, Texas, United States; Boxer Canelo Alvarez celebrates his loss to Billy Joe Saunders in a super middleweight boxing title fight at AT&T Stadium. Mandatory Credit: Jerome Miron-USA TODAY Sports

It was almost to double his net worth at the time; however, in 2020 he ended up quitting that contract and ran into a legal dispute with his promoter and DAZN.

Canelo claimed that his payment was not in accordance with his contract; he was supposed to pocket $ 35 million per fight, Canelo was only paid $ 50 million for his first 2 fights on DAZN.

With mega-unification and the undisputed fight with Caleb Plant next week, his net worth could skyrocket again.

Canelo Alvarez career gains

In May 2021, Demetrius Andrade crushed Alvarez’s press conference after beating Billy Joe Saunders. Andrade urged him to sign a contract; Canelo looked him straight in the eye, said “get the hell out of here ” and even sang a little song – “ppayday, payday, he wants a payday ”. And, there might be some truth to his song.

Alvarez is a big name in boxing. Of course, every time he fights it’s a party and the money is just as important. With his name on banners, even his opponents get the biggest wins of their careers.

May 7, 2021; Arlington, Texas, United States; Boxer Canelo Alvarez blows kisses to fans during the weigh-in for his super middleweight boxing title fight against Billy Joe Saunders at AT&T Stadium. Mandatory Credit: Jerome Miron-USA TODAY Sports

Here are some of Canelo Alvarez’s combat handbags –

  • Sugar Shane Mosley – $ 1.2 million
  • Josesito Lopez – $ 2 million
  • Floyd Mayweather – $ 12 million
  • Miguel Cotto – $ 5 million
  • Amir Khan – $ 25 million
  • Gennady Golovkin I – $ 40 million
  • Gennady Golovkin II – $ 30 million
  • Billy Joe Saunders – $ 15 million

Salary and endorsements of Canelo Alvarez

Being such a famous athlete has its perks for Canelo. The fighter has concluded numerous mentions during his career. He started his association with Under Armor in 2012 and has worn the company’s clothing and gear to training camps and fights.

Canelo also made a deal with Everlast in 2014, which sponsored his gloves for many fights; however, the champion now dons the Cleto Reyes gloves for his fights. He also currently has sponsorship agreements in place with Tecate, Hennessy.

Based on a recent episode of Showtime’s “All Access” series, Canelo was spotted wearing custom Dolce & Gabbana shorts encrusted with Swarovski crystals. He even said he was getting more such shorts directly from sponsors. Although it is not confirmed, he may also have active agreements with these two brands.

Forbes reported that Canelo Alvarez earns $ 2 million from his endorsements and sponsorships.

Canelo Alvarez followers on social networks

Canelo Alvarez is easily one of the most famous boxers of all time.

Watch this story – Boxers with the most followers on social media

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Even fans of non-traditional boxing or even combat sports know the Mexican king of p4p and his social media prove it.

Even some big social media figures are struggling to reach Canelo’s 11 million Instagram followers. He also has 1.8 million followers on Twitter.

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Who are your favorite boxers and is Canelo Alvarez one of them? Share your thoughts in the comments section.


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