Canelo Alvarez signs highest-earning sports contract of all time

A key part of the deal for boxing fans is that it removes the sport's biggest PPV star in the US from the platform altogether as Alvarez's fights can now be accessed on DAZN, along with various other boxing and mixed martial arts events, for the monthly price of $9.99.

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

The deal, which was finalized early Wednesday morning, is the richest athlete contract in sports history, eclipsing the 13-year, $325 million contract Stanton signed with the Miami Marlins in 2014.

The 28-year-old Mexican, who improved his record to 50-1-2 with a majority decision victory over Gennady Golovkin in September, is stepping up to the 168-pound division to fight WBA super middleweight world champion Rocky Fielding in New York City's Madison Square Garden on December 15.

The deal also dictates that Golden Boy put on ten "high-calibre" fight nights per year that will stream on DAZN from 2019. His career includes victories over Miguel Cotto, Amir Khan, Erislandy Lara, Austin Trout and Shane Mosley.




"I've always liked a challenge, and this is yet another challenger in my career", Alvarez said in a statement.

"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".

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.

The partnership with Alvarez and Golden Boy is the latest major deal for DAZN in the combat sports industry.

Promoter De La Hoya told ESPN: "Canelo is the highest-paid athlete in the world". Additionally, Golden Boy Media and Entertainment will produce volumes of shoulder programs for the DAZN platform, including live studio shows such as "Between the Ropes" and its award winning "Mano a Mano". However, HBO recently announced that it would be bowing out of boxing after 45 years showing some of the sport's biggest fights, paving the way for DAZN to swoop for coverage of Canelo's bouts. DAZN guarantees no long-term contract, no bundles, just one affordable price for access to all the service's sports on connected devices including Smart TVs, smartphones, tablets, games consoles and PCs.

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