Canelo set to become USD1 billion boxer in 2026, says manager
Canelo Alvarez is set to become a USD1-billion boxer in 2026. sayd his business manager, due to his megadeal with Saudi chief Turki Alalshikh.
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CANELO SET TO BECOME FIRST BOXER WORTH USD1 BILLION IN 2026, SAYS SCHAEFER
Canelo set to become the first boxer to become worth USD1 billion by next year, Richard Shaefer said, dur to his lucrative four-fight mega-deal with Alalshikh.
Furthermore, Alvarez’s s business manager lauded his fighter for strategically placing himself in major payday bouts throughout his career.
Moreover, Alvarez (63-2-2, 39 KOs) reportedly earned close to USD80 million in his latest victory over William Scull at a Cinco de Mayo bout.
“Canelo (Alvarez) is, without any question, the smartest businessman in boxing I have ever met,” Schaefer told Ring Magazine.
“And we are going to get him over that next hurdle… He’s going to be the first fighter to break the billion dollar net worth,” he added.
ALVAREZ-CRAWFORD FIGHT IN SEPTEMBER ANOTHER POTENTIAL BLOCKBUSTER UNDER ALALSHIKH DEAL
An Alvarez-Terence Crawford fight in September 12 looms as the next major payday bout for the former under the Alalshikh deal
Moreover, the 34-year-old Mexican champion is estimated to earn in excess of USD100 million by showing up against Crawford in five months.
Furthermore, Alvarez is likely to surpass tormentor and retired legend Floyd Mayweather Jr, who generated over USD1.2 billion in earnings from his career.
However, the American undefeated champion was said to just have a net worth of around USD400 million .
This is due to his investments and luxurious lifestyle.
“I have zero questions about it (on Alvarez’s rise as USD1-billion boxer). When? Probably next year,” Schaefer said.
MEXICAN MULLS RETIREMENT AT 37 OR 38 YEARS OLD
The Mexican champion is mulling retirement around 37 or 38 years old despite several opportunities to still grow his wealth.
Furthermore, Alvarez has fought against Mayweather, Gennady Golovkin, and Shane Mosley.
Moreover, he clarified that he is still fighting “not just about money.”
“I’ve been the pound-for-pound king, fighter of the year; in everything. If we talk about money, it’s never enough,” Alvarez said.
“I’m going to do my thing, and then, at 37 or 38 years old, it’s time to retire,” he added.
