Boxer Alvarez signs $365M deal, richest contract in sports history

Boxer Alvarez signs $365M deal, richest contract in sports history

Saul "Canelo" Alvarez says he has signed an "historic" contract after agreeing a reported £278m ($365m) deal with streaming service DAZN.

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

Álvarez's next fight is against Britain's Rocky Fielding on 15 December at New York's Madison Square Garden.

But since then the Mexican has grown to become the sport's biggest star and last month he picked up the unified middleweight titles with a controversial win over Gennady "GGG" Golovkin.

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As part of the partnership, Golden Boy Promotions will put on up to 10 high-caliber fight nights per year that will stream live on DAZN beginning in early 2019.

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DAZN is already home to plethora of boxing content, thanks in large part to a deal with Matchroom Boxing, as well as wealth of MMA attractions, such as Bellator, KSW, and Combate Americas.

The potentially good news for fight fans: Alvarez's bouts typically have cost around $80 apiece on pay per view, but the DAZN all-sports streaming service charges $9.99 a month and features an assortment of combat sports offerings, per ESPN. "The most important thing is that fans can enjoy this fight at a very low price".

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'I think in that first fight, experience beat me as I was very young.

Will you be watching Canelo fight on DAZN this December? I am moving up in weight and I don't know how my body will feel.

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. Joshua fought on the platform's debut card following its USA launch when he defended his trio of world titles by stopping Alexander Povetkin in London on September 22.

Former ESPN boss John Skipper now heads DAZN, which is owned by London based sports media company Perform Group.

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England's Fielding (27-1, 15 KOs) is largely unknown in the US but brings with him a substantial size advantage as a former light heavyweight. Fielding was knocked out in the first round when they met in Liverpool in 2015.

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