There’s money to be made in all major sports, but boxing is the one that gives you the most bang for your buck.
Just look at Saturday’s fight between Canelo Alvarez and Callum Smith, where both fighters are set to make bank. Canelo is one of the wealthiest athletes in the world, while Smith is set to see the biggest payday of his career.
Here’s a look at how much Canelo and Smith could earn as well as the net worth of each fighter.
Canelo Alvarez vs. Callum Smith fight purse, prize money
Canelo Alvarez is guaranteed a purse of at least $20 million for fighting Callum Smith, according to Total Sportal. That’s less than the $35 million he was making per fight under his 11-fight, $365 million contract with DAZN, which was severed in November. DAZN had refused to pay Alvarez his $35 million guarantee given the realities of the COVID-19 pandemic, according to The Athletic. However, it’s unclear whether DAZN’s decision to offer Canelo vs. Smith on traditional pay-per-view could boost the payouts for both fighters.
Smith’s earnings will reportedly come in between $8 million and $10 million.
What is Canelo Alvarez’s net worth?
According to Celebrity Net Worth, Canelo Alvarez is worth $140 million. He signed a five-year, $365 million contract with Oscar De La Hoya’s promotion company and DAZN back in 2018, though the remaining money from that deal was voided in November when Alvarez split from Golden Boy and DAZN.
Between June 2018 and June 2019, Canelo earned $95 million from his empire. In the following 12 months he earned $40 million.
What is Callum Smith’s net worth?
Callum Smith’s net worth is a lot less than Canelo’s.
There isn’t much reporting on Smith’s net worth, but general estimates seem to settle around $1.5 million, a little more than one-tenth of Canelo’s estimated net worth.
Canelo Alvarez career record
- Nationality: Mexican
- Born: July 18, 1990 (30 years old)
- Height: 5-8
- Reach: 70.5 inches
- Record: 53-1-2 (36 KOs)
Callum Smith career record
- Nationality: English
- Born: April 23, 1990 (30 years old)
- Height: 6-3
- Reach: 78 inches
- Record: 27-0 (19 KOs)