This boxer just signed the richest sports contract in history

Boxer Canelo Alvarez Inks $365 Million Contract With Streaming Network DAZN, Richest Deal in the History of Sports

The deal kicks off with the WBA and WBC middleweight king's move up to super-middleweight to take on Liverpool's Rocky Fielding on December 15 at Madison Square Garden in NY.

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. Boxing fans also stand to score as the middleweight champion - who is the sport's biggest star - will no longer fight on pay-per-view thanks to the new contract.

The Mexican was a free agent in terms of a TV partner after HBO Boxing pulled out of the sport and it now appears as if the new streaming service has won the race for one of, if not the biggest, fish in the fight world.

Canelo Alvarez, fresh off his razor-thin split decision "victory" over Gennady Golovkin, which, in this writer's opinion, was an absolute shambles of a result, has signed the highest-earning sports contract of all time.

'I don't have much more to say other than his experience beat me and he is a great fighter.


Boxer Saul "Canelo" Alvarez is set to become the highest paid athlete in the world.

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

As part of the Alvarez deal, the Mexican's promoters Golden Boy will stage 10 cards on the channel each year.

But Skipper made an aggressive offer for DAZN (pronounced Da-Zone) when he met with Golden Boy about two weeks ago and the deal was quickly finalized. We'll see how the weight affects me. He said Alvarez's last three fights generated 3.6 million buys and almost a quarter of a billion dollars, making him someone who can be transformative to a subscription service focused largely - at least for now - on combat sports. "Forget about what the price is, the amount of money that we're making". Golden Boy Promotions is one of boxing's most active and respected promoters, presenting shows in packed venues around the United States on networks such as HBO, ESPN, ESPN Deportes, EstrellaTV and the newly announced partnership with DAZN.

Related News:

  • Italy approves deficit-hiking budget, awaits EU's verdict

    Italy approves deficit-hiking budget, awaits EU's verdict

    The EU Commission is now reviewing Italy's draft budget and can formally raise concerns about it until next Monday. It rejects Rome's argument that the package can lower debt by expanding the economy.
    Google Maps now offers detailed info on EV chargers

    Google Maps now offers detailed info on EV chargers

    That assistance comes in the form of Google Maps which, beginning today, will show EV charging stations within the app . Lastly, in Australia and New Zealand, Google Maps will tell you where to find Chargefox stations.
    Ariana Grande quits social media amid Pete Davidson 'split'

    Ariana Grande quits social media amid Pete Davidson 'split'

    The Sweetener songstress, 25, doted on her baby swine in a series of absolutely adorable Instagram story posts Wednesday. The singer, 25, took to her Instagram Story on October 16 to let her followers in on how she's feeling.
  • Anna Burns wins Man Booker prize for 'Milkman'

    Anna Burns wins Man Booker prize for 'Milkman'

    In the week following the 2017 victor announcement, sales of Lincoln in the Bardo by George Saunders increased by 1,227 per cent. In 2014, authors from any English-speaking country became eligible for the prize for the first time.
    Major League Baseball  clears Astros of wrongdoing in dugout incidents

    Major League Baseball clears Astros of wrongdoing in dugout incidents

    Bauer wasn't specific, but Astros pitchers Lance McCullers Jr. and Collin McHugh defended themselves on social media. The Red Sox had been warned before their series-opening game, the AP was told by the people.

    Kanye West and Kim Kardashian Give Yeezys to Orphans During Uganda Trip

    I love Trump because he tells the Africans frankly. the Africans need to solve their problems, they need to be strong. Kim also shares 4-year-old North with husband and rapper Kanye West .
  • 'We’re fighting': Floyd Mayweather says Khabib Nurmagomedov bout will happen

    'We’re fighting': Floyd Mayweather says Khabib Nurmagomedov bout will happen

    But Mayweather says any fight with the mixed martial arts great would have to take place in the boxing ring. Probably $US100m more, guaranteed. "I'm going to say somewhere between $110 and $200 million guaranteed".
    Treasury Dept. employee arrested for leaking information to Buzzfeed

    Treasury Dept. employee arrested for leaking information to Buzzfeed

    Edwards admitted to accessing SARs on her computer, photographing them and sending them via encrypted message to the reporter. This report will be updated as more information becomes available.
    Famed Nevada brothel owner Dennis Hof dies

    Famed Nevada brothel owner Dennis Hof dies

    Jeremy told the Associated Press he and a woman had found Hof's body after Hof failed to meet them. Famed Love Ranch brothel owner Dennis Hof passed away on Tuesday according to Nevada officials.
  • SPOILERS ** WWE NXT Tapings For October & November

    SPOILERS ** WWE NXT Tapings For October & November

    It's possible that some of these later matches air on different dates and some of these should be for the November 14 episode. Here's everything that happened, and everything you need to know, including the big reveal of who attacked Aleister Black .
    Mueller expected to issue major findings soon after midterms

    Mueller expected to issue major findings soon after midterms

    The deputy attorney general appointed Mueller as special counsel in May 2017 after Trump fired James Comey as Federal Bureau of Investigation director.
    Canada legalises recreational use of cannabis

    Canada legalises recreational use of cannabis

    What does Canada have to say of the law? The first is you can't promote a cannabis product in a way that is appealing to youth. South Africa's Supreme Court ruled last month that adults can use marijuana and grow it for personal consumption - in private.


Most liked

Meghan Markle Met Her Mini-Me In Sydney
And the Duchess of Sussex did just that by trying her hand at Aussie Rules football in Melbourne . Prince Harry , in particular, took a keen interest in the plight of those who work the land.

What is acute flaccid myelitis (AFM), the polio-like illness causing worry?
But the link between AFM and EV-D68 is unclear because not everyone who has AFM tests positive for the enterovirus . The first cases of AFM coincided with an unusually severe outbreak of a common virus that affects the lungs or gut.

MJ Akbar resigns to ‘fight’ sexual harassment accusations
Around 20 journalists came forward and alleged the former editor of sexual harassment under #MeToo campaign on social media. Since Ms Ramani's earlier tweet, other women have come forward with their own stories, naming Mr Akbar.

Major League Baseball says the Astros were definitely not cheating
But the Astros may be the first team to ever get away with the "we were spying to make sure they weren't spying" excuse. After investigating the cheating claims against the Houston Astros , Major League Baseball has found no wrongdoing.

Bigg Boss 12: Dipika vs. Deepak in ‘Ghoda Gaadi’ luxury budget task
While the task was going smoothly, things got intense when Sreesanth stepped on the treadmill and started walking fast for Dipika. Meanwhile, Anup Jalota tells Shivashish Mishra that he and Jasleen are playing on their own without discussing with one another.

Apple Watch to be used in major study of joint replacement patients
With this app, they will know whether or not their patients are following their regimes as prescribed before or after the surgery. Apple also donated 1000 units of Apple Watch to the University of North Carolina to study eating disorder or binge eating.

Floods destroy bridge, force evacuations in Central Texas
In 24 hours, the river rose to 12 metres, some 10m higher than the day before, and around 5.5 metres above major flood stage. Major flood stage is 23 feet (7 meters); it's not expected to drop below major flood stage until Wednesday.

Merkel: Germany Preparing for 'No Deal' Brexit
This would help avoid any hard decisions on the Ireland border and give more time to negotiate a future trade deal between the European Union and the UK.

Kevin Durant's brother: 'Filling the hand up before we get outta here'
Russell Westbrook is out for the season opener, Oklahoma City Thunder coach Billy Donovan confirmed Tuesday. The only downside from Durant's perspective could be the way he is perceived by the Warriors faithful.

Indian Minister Resigns to Contest #MeToo Allegations in Court
Patel, in the same blog, accused him of molesting her twice while she was working in Hyderabad in the Deccan Chronicle in 1993. PM Modi asked MJ Akbar to step down as Union Minister over #MeToo allegations by women journalists, claims media reports.

Vunipola brothers both injured in Saracens' win
Billy Vunipola , seen here in action against the Springboks in June, has sustained a broken arm. Mako picked up a calf strain and his progress will be monitored.

Canelo signs 11-fight, $365M deal with DAZN
DAZN is a growing player in the boxing market following its $1billion deal with Eddie Hearn's Matchroom USA earlier this year. That deal included a total of 16 bouts each year across the USA on top of Matchroom's existing 16 fight nights in the UK.

Mysterious Polio-like Disorder Striking Children Around US Growing
Five children in Maryland have contracted symptoms of an illness similar to polio this fall, according to state health officials. But mysteriously no other country has reported the emerging every-two-years pattern seen in the U.S., Messonnier said.

Sesame Street’s Big Bird Actor Caroll Spinney Is Retiring
Spinney explained during to The New York Times that his fading health was the impetus for leaving the show. Big Bird and Oscar will be recast following Spinney's departure form the series.

James Ellsworth Comments On Being Left Off SmackDown 1000
But SmackDown 1000 seemed to promise we'll be getting plenty of Big Show and The Bar teaming up in the near future. Previously on the Best and Worst of Smackdown Live: We recapped the boring ol' 999th episode with Becky Lynch vs.