Canelo Alvarez Inks Massive $365 Million Five-Year DAZN Deal

Canelo Alvarez and Oscar De La Hoya

Oscar De La Hoya was one of the main casualties of the HBO Boxing pull out but he has also confirmed that the likes of Jorge Linares and Rey Vargas will also be fighting on DAZN with Golden Boy putting on ten shows a year on DAZN.

It makes the middleweight world champion the highest paid sportsperson in the world, according to his promoter Oscar De La Hoya.

Canelo is fresh off a victory against Gennady Golovkin which made him top dog in the middleweight division and one of the biggest stars in the world meaning it is a major coup for DAZN.

Boxer Saul "Canelo" Alvarez is about to become very, very rich.

Canelo Álvarez's new contract has bumped the 13-year, $325m deal that Giancarlo Stanton signed with the Miami Marlins in 2014 into second place.

In what has been described as a massive coup for boxing fans, the deal will allow those interested in watching the fight to pay substantially less for a subscription service, rather than forking out pay-per-view fees.

The deal begins on December 15 as Alvarez takes on Liverpool's Rocky Fielding for the WBA regular super-middleweight belt.

Canelo Alvarez (50-1-2, 34 KOs) - the undisputed king of pay-per-view boxing - will usher in a new era in the sport by signing an 11-fight deal with global sports streaming leader DAZN.

Now fans can pay significantly less - $9.99 subscription cost per month in the USA - to see his fights on DAZN (pronounced Da-Zone).

Skipper promised fight fans will be able to buy fights "for a lot less expensive than they did before".

"It seems to me that we are in a digital age and have to understand it better, because this is the reality of things. But I always want to take on challenges, and I am very happy my fans will be able to see me fight at a small cost". Alvarez said for now his plan is to return to 160 after the bout against Fielding (27-1, 15 KOs), a British fighter who appeared significantly taller than Alvarez, who will be trying to win a title in his third weight class.

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

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