Saul ‘Canelo’ Alvarez signs ‘most lucrative’ deal with sports service DAZN

By Daily Sports on October 18, 2018

Views: 244

Saul ‘Canelo’ Alvarez says he has signed an “historic” contract after agreeing a reported £278m ($365m) deal with streaming service DAZN.

The Mexican, who holds the WBA and WBC world middleweight titles, has signed a five-year, 11-fight deal that could be the most lucrative in sports history.

The 28-year-old said he was “humbled” to be selected for the contract.

Alvarez’s first bout of the deal sees him step up to super-middleweight to face Rocky Fielding on 15 December.

“Being part of this historic deal will require me to prepare myself even more and offer fans even better performances,” he added.

“At the same time, I am humbled to be selected to lead this new vision for the sport of boxing, which will without a doubt be for the benefit of the fans.”

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

Alvarez’s new contract is being described as the biggest in sports history by ESPN.

While it would eclipse the 13-year, $325m (then £208m) contract baseball's Giancarlo Stanton signed in 2014, when broken down on an annual basis he will earn less than the likes of Barcelona footballer Lionel Messi, who has an annual salary of $84m (£64m) according to Forbes.

However, it will earn him more than £1m a week over the five years and Alvarez - beaten only by Floyd Mayweather in a 53-fight career - can increase his earnings if DAZN achieve pre-determined subscription targets.

The streaming service charges $9.99 (£7.60) a month rather than one-off, pay-per-view fees.

Canelo was most recently aligned with US broadcaster HBO but the network announced it would move away from live boxing coverage at the end of 2018.

His last bout – a win in a rematch with Gennady Golovkin on 15 September – generated HBO an estimated $121m (£92m).

DAZN – owned by the Perform Group – launched in Austria, Germany, Japan and Switzerland in August 2016 and moved into the US market this year.

Anthony Joshua's defence of his IBF, WBO and WBA world heavyweight titles against Alexander Povetkin provided its first boxing event streamed in the US in September.

•Sourced from a BBC report. Photo shows Canelo Alvarez

Source Daily Sports

Posted October 18, 2018

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

You may also like...
NLO charges clubs on U-19 players

Ahmed Musa opens multi-million Naira sports centre in...

Super 4: Flying Rangers dump Rivers United 2-0...

Atletico Madrid: Chelsea put paid on Costa

Morocco provide Iran first win at world cup...

Pogba arrives Man.Utd for medicals

 

Latest News Gunmen kill investigative sports journalist who helped expose football corruption CAF Champions League: Lobi Stars wary of wounded ASEC Mimosas Warri Wolves target promotion as they set for the new season in NNL league Barcelona may be booted out of Copa del Rey despite beating Levante Mourinho eyes return to ‘top level’ football management MFM still have a lot to do, says Ilechuwkwu Yaya Toure Dreaming of Premier League return Chelsea close to signing Higuain on loan from Juventus Nike unveils self-lacing shoes, operated by smartphone Dembele leaves Tottenham to join China’s Guangzhou Curry makes history with three-game 3-point run Court vacates arrest warrant against Amaju Pinnick, others

 

Most Read Rangers International going, going . . . (44,893 views) Amaju Pinnick: A cat with nine lives (36,947 views) Missing $150,000 IAAF Grant: Solomon Dalung’s Hide and Seek game (35,673 views) Sports Development: Zenith Bank on the zenith (34,939 views) Current issues in Nigerian sports: Matters arising (34,125 views) Gov. Abdullahi Ganduje’s solid footprints, commitment to sports development in Kano State (33,984 views) Second Term: Amaju Pinnick, Other NFF Heavyweights Home to Roost •How Pinnick Broke the Jinx (33,069 views) Commonwealth Games 2018: Shame of Muhammadu Buhari, Solomon Dalung (32,986 views) Olopade, BET9A wave of revolution in NNL (32,957 views) NFF Presidency: Pinnick, Maigari, Ogunjobi, Okoye in Battle for Supremacy (31,887 views) Ibrahimovic’s Man U exit: Whose decision is it? And in whose interest? (29,943 views) Let’s save Kelechi Emeteole's life! Let’s follow Omeruo, others' shining examples (29,301 views)

 

 


 

News Athletics (272) Basketball (145) Boxing (527) Columnists (381) Euro Soccer Update (3923) Fans Assembly (3) From the Grassroots (45) Golf (73) Interviews (14) Live Commentary (3) News (4651) NPL Glo Premier League (968) People and Places (22) Readers Parliament (6) Tennis (504)

 

 

Classic games

 

Phone numbers

Tel: +234(0)8066020976
+234(0)8055068145
+234(0)7013416146
+234(0)8094272884

Email addresses

info@dailysportsng.com
support@dailysportsng.com
publisher@dailysportsng.com

Office address

No 3, Adetoun Close, Off College Road, Ogba, Ikeja Lagos.
Website: www.dailysportsng.com

Social Media