Canelo vs. Kovalev purse, salaries: How much money does Canelo Alvarez make per fight?

Canelo Alvarez is moving up two weight classes for his latest attempt to cement his fighting legacy further.

The face of boxing will move up from middleweight to face WBO light heavyweight champion Sergey Kovalev at the MGM Grand Garden Arena in Las Vegas on Nov. 2, live on DAZN. If he’s victorious, Alvarez will become a four-division world champion.

The 29-year-old Canelo (52-1-2, 35 KOs) is coming off an impressive unanimous decision over Daniel Jacobs in May to claim the IBF middleweight title, but he was stripped of the belt after failing to reach a purse bid with mandatory challenger Sergiy Derevyanchenko.

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At 36, Kovalev (34-3-1, 29 KOs) regained his WBO light heavyweight strap by scoring a unanimous decision over Eleider Alvarez in their rematch February. He then defended the title with an 11th-round TKO of Anthony Yarde in August.

Will Canelo add a beefy chapter to his growing legend or will Kovalev prove that the Mexican superstar is biting off a bit too much with this intrepid move? Whatever transpires in less than a month’s time, both Canelo and Kovalev are set to be paid handsomely for this title fight. Here’s a breakdown of that purse, including how much each fighter is expected to make.

Canelo vs. Kovalev fight purse, prize money

This will mark the third bout of Canelo’s five-year, 11-fight deal, worth a reported $365 million, that he inked with DAZN last year. That means this fight against Kovalev will pay him eight figures, with Forbes reporting that he’ll pocket at least $35 million per fight for the remainder of the contract, including this bout.

Meanwhile, Kovalev is set to earn an eight-figure payday also, as reported by multiple outlets, including the Los Angeles Times.

MORE: Read the latest Canelo vs. Kovalev news at SN’s fight HQ

What is Canelo Alvarez’s net worth?

According to Forbes, Canelo has a net worth upwards of $94 million. That was reported following his victory over Daniel Jacobs, but before facing Kovalev. Forbes reports that the boxing sensation earned $92 million in salary/winnings, with an additional $2 million coming by the way of endorsements from the likes of DAZN and Everlast.

Canelo Alvarez career record

A September 2013 majority decision loss to Floyd Mayweather Jr. remains the only defeat on Canelo’s pro ledger, although his September 2017 split draw with Gennadiy Golovkin and even his majority decision win over GGG the following September remain highly controversial.

Still, sporting a 52-1-2 record (including 35 KOs) and threatening to become a four-division world champion at under 30-years-old is nothing short of remarkable. What’s scarier is the reigning WBA (Super) middleweight champion seems to be improving with every fight.