Canelo Alvarez inks $365M deal with streaming service DAZN

By Brian MahoneyThe Associated Press

Wed., Oct. 17, 2018

• 
  
• 
  
• 
  
• 
  

NEW YORK—Canelo Alvarez has signed an 11-fight deal worth $365 million (U.S.) to have his fights shown on the sports-streaming service DAZN, beginning with his next bout.

Alvarez will move up in weight to challenge WBA super middleweight champion Rocky Fielding on Dec. 15 at New York’s Madison Square Garden.

World middleweight champion Saul “Canelo” Alvarez has signed a lucrative long-term deal with sports streaming service DAZN that will see him earn at least $365 million (U.S.) over five years. Mexican star Alvarez, who dethroned Gennady Golovkin in their gruelling rematch in Las Vegas last month, will fight 11 times as part of the deal, starting with December’s supermiddleweight bout in New York against Rocky Fielding.  (JOHN GURZINSKI / AFP/GETTY IMAGES)

Golden Boy Promotions said Wednesday that Alvarez’s deal will be the richest athlete contract in sports history.

Alvarez (50-1-2, 34 KOs) is coming off a victory over Gennady Golovkin in a middleweight showdown in September. That fight, like most of boxing’s biggest, was shown on pay-per-view. It cost $84.95 to be seen in high definition.

Now fans can pay significantly less — $9.99 subscription cost per month in the U.S. — to see his fights on DAZN (pronounced Da-Zone). Under the five-year partnership, Golden Boy also will put on up to 10 fight nights per year that will stream live on DAZN beginning in early 2019.





 Link: https://www.thestar.com/sports/2018/10/17/canelo-alvarez-inks-365m-deal-with-streaming-service-dazn.html