Saul Alvarez: A Boxing Legend’s Net Worth and Career
Saul Alvarez, also known as ‘Canelo,’ is a professional Mexican boxer in the Light Middleweight division, who has taken the boxing world by storm. With a net worth of $180 million, Alvarez has made a name for himself as a four-division world champion and the best pound-for-pound boxer in the sport.
What is Saul Alvarez known for?
Saul Alvarez is known for his formidable skills in the ring, having proven himself as a fierce and powerful opponent for virtually every fighter he has faced. His incredible athleticism, unwavering determination, and strategic fighting style have made him a force to be reckoned with in the boxing world.
Early Life and Education
Born Santos Saúl Álvarez Barragán on July 18th, 199, Alvarez grew up on the outskirts of Guadalajara, Mexico. Raised on his family’s farm in Juanacatlan, he is the youngest of seven siblings, all of whom became professional boxers.
Alvarez showed an interest in boxing from a young age, following in the footsteps of his older brothers. He started training at the age of 13 and quickly made a name for himself in the amateur circuit. He won the silver medal in the Mexican Junior Championship and went on to win gold the following year at just 15 years old.
Alvarez’s professional career began shortly after his impressive amateur success. Despite his young age, Alvarez made his debut in the ring, facing older opponents who were reluctant to fight him due to his exceptional skills. Nevertheless, Alvarez knocked out most of his opponents and quickly gained recognition for his talent.
Throughout his career, Alvarez has achieved numerous victories and titles. In 2006, he won the welterweight title and later moved up to the light middleweight division, where he won the WBC silver title in 201. He became the first boxer to knock out Carlos Baldomir, cementing his reputation as a force to be reckoned with.
Alvarez continued to defend his titles with success, facing notable opponents such as Austin Trout, whom he defeated in 2013. That same year, he suffered a major loss against Floyd Mayweather, which marked a turning point in his career. However, Alvarez quickly regained his momentum and went on to win many more fights.
One of his most significant victories came in 2015 when he defeated Miguel Cotto, securing the WBC, Ring, and lineal middleweight titles. Alvarez defended these titles with a stunning knockout against Amir Khan. He displayed exceptional skill and intelligence in the ring, setting traps for his opponents with creative combinations.
Alvarez’s career continued to flourish as he moved between weight classes and faced challengers such as Liam Smith and Julio Cesar Chavez Junior. The highly anticipated fight against Gennady Golovkin in 2017 generated controversy but ultimately resulted in Alvarez’s victory. He emerged as a dominant force in boxing.
In 2019, Alvarez showcased his versatility by moving up two weight classes to defeat Sergey Kovalev at light heavyweight. His ability to adapt to different opponents and divisions solidified his position as one of the best boxers of his generation.
Throughout his career, Alvarez has amassed an impressive list of achievements. Here are some of his major purse history details:
- 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
Alvarez’s accomplishments in and out of the ring have not only earned him immense wealth but also solidified his status as one of the most celebrated boxers in the world.
Net Worth and Career Earnings
With a net worth of $180 million, Alvarez has achieved incredible financial success throughout his career. His contract with Oscar De La Hoya’s promotion company and DAZN, signed in 2018, is valued at $365 million for 11 fights.
Between June 2018 and June 2019, Alvarez earned a staggering $95 million. In the following 12 months, he earned $40 million. From June 202 to June 2021, his earnings amounted to $90 million.
Moreover, Alvarez has earned significant purses from high-profile fights against renowned opponents like Floyd Mayweather, Miguel Cotto, and Gennady Golovkin. His ability to draw large audiences and command substantial pay-per-view revenue has contributed to his remarkable earnings.
However, Alvarez’s journey to financial success has not been without obstacles. He has faced legal battles, including a breach of contract lawsuit against DAZN and Golden Boy Promotions, seeking $280 million in damages. Despite these challenges, Alvarez remains determined to maximize his earning potential and pursue his passion for boxing on his own terms.
In conclusion, Saul Alvarez, ‘Canelo,’ has risen to become one of the most iconic boxers of his generation. With an impressive net worth and a remarkable career full of victories and accolades, Alvarez’s legacy is solidified as a true boxing legend. His journey continues to inspire boxing enthusiasts and fans around the world.