Canelo DAZN Deal Worth A WHOPPING Amount Of Money

Golden Boy Promotions said Wednesday that Alvarez's deal will be the richest athlete contract in sports history.

Domestically, the previous contract high for an athlete was the 13-year, $325 million dollar pact signed by Giancarlo Stanton with the Miami Marlins.

De La Hoya is expected to announce the deal at Wednesday's press conference in NY to promote Alvarez's December 15 return at New York's Madison Square Garden when he moves up in weight to challenge secondary WBA super middleweight titleholder Rocky Fielding in the first bout of his new DAZN deal.

DAZN became the broadcast home of boxing in the United States after HBO announced in September that it is getting out of the fight business.

In the post-Floyd Mayweather-Manny Pacquiao era, Alvarez emerged as boxing's biggest star on the pay-per-view fight circuit.

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

The potentially good news for fight fans: Alvarez's bouts typically have cost around $80 apiece on pay per view, but the DAZN all-sports streaming service charges $9.99 a month and features an assortment of combat sports offerings, per ESPN. "Being part of this historic deal will require me to prepare myself even more and offer fans even better performances".

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'I think in that first fight, experience beat me as I was very young.

Alvarez and Britain's Fielding will hold a news conference in NY on Wednesday to promote their fight at Madison Square Garden.

"Today I am thrilled to be here as we announce the beginning of a new era in boxing and the USA harbinger of a global transformation to a fan-centered and fan-friendly presentation of sports in OTT subscription services".

"I've always liked a challenge, and this is yet another challenger in my career", Alvarez said in a statement. "DAZN has the ideal platform to make this dream come true, and with the biggest star in the sport at the helm of this journey, I have no doubts that we will succeed in unimaginable ways".

Alvarez, 28, is from Mexico.

The DAZN-Golden Boy deal includes a large production element, which places Oscar De La Hoya as Executive Producer of the 12 live fight nights annually.

The deal, which is for 11 fights, will see him earn a minimum of £278,148,250 over the next five years.

(Copyright © 2015. All Rights Reserved.)
 
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