Big Bucks in the Ring: Canelo Alvarez vs. Jermell Charlo’s 2023 Boxing Purse Revealed!

by · September 26, 2023

Key Takeaways:

  • Canelo Alvarez and Jermell Charlo, both undisputed champions in their respective divisions, are set to face off on September 30 in a highly anticipated boxing bout.
  • The fight, scheduled for 12 rounds, will take place at the T-Mobile Arena and will be available on Showtime PPV and PPV.com in the U.S.
  • While the exact purse amounts for Canelo and Charlo are undisclosed at this moment, this article delves into their purse histories and potential earnings for this matchup.

Background and Expectations

Canelo Alvarez, known for his versatility across multiple weight classes, recently became the undisputed super middleweight champion in just 11 months. He signed a significant three-fight deal with Premier Boxing Champions, with Charlo being his first opponent under this arrangement. The anticipation surrounding this fight suggests a substantial purse for both fighters.

Purse History

Canelo Alvarez: His earnings have seen remarkable growth throughout his career. Notably, he made $12 million against Floyd Mayweather in 2013. His fight against Amir Khan in 2016 earned him about $25 million. When Canelo became the undisputed super middleweight champion by defeating Caleb Plant, he made $40 million. His bout against Dmitry Bivol for the light heavyweight title had a guaranteed purse of $15 million. In the trilogy fight with Gennadiy Golovkin, he earned about $45 million, totaling $100 million after PPV sales. These figures reflect his status as one of the sport’s biggest draws.

Jermell Charlo: Charlo’s earnings have seen steady progression. In 2017, he had a guaranteed purse of $430,000 against Erickson Lubin. His first fight against Tony Harrison in 2018, which he lost, earned him $750,000. In their rematch, where Charlo regained the WBC super welterweight title, he received his first guaranteed million-dollar purse. His fight against Brian Castano in 2020, which ended in a draw, had a reported guaranteed purse of $1 million. It’s evident that Charlo’s purses have been on the rise as he solidified his position in the sport.

Net Worth

Canelo Alvarez: His net worth is estimated to be around $200 million. Canelo signed a groundbreaking $365 million contract with DAZN and Golden Boy in 2018, but legal disputes led to his departure from DAZN. He returned to DAZN to face notable opponents under the Matchroom banner, enhancing his financial standing.

Jermell Charlo: Jermell’s net worth is estimated to be around $1.2 million, as reported by Idol Net Worth. His brother, Jermall Charlo, boasts a net worth of approximately $3 million, per Celebrity Net Worth.

As the boxing world eagerly awaits the showdown between Canelo Alvarez and Jermell Charlo, it’s expected that the purse for this fight will reflect the significance of this clash between two undisputed champions at the pinnacle of their careers.

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Tyler Potts

Tyler Potts is experienced football tipster and blogger. He has over two years of experience as a freelance football analyst and journalist. His hobbies include team sports, windsurfing and climbing. He loves the Bundesliga and the German national team. Tyler is invariable part of BettingID’s journalist team.

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