Canelo Alvarez Signs Record-Setting Contract With DAZN

Boxer Canelo Alvarez has signed a five-year, 11-fight contract worth a minimum of $365 million with new sports streaming service DAZN. The deal was finalized early Wednesday morning, making Alvarez the richest athlete contract in sports history. Alvarez, who’s part of Oscar De La Hoya’s Golden Boy Promotions, is the unified middleweight world champio, and has a 50-1-2 record — his only loss coming against undefeated Floyd Mayweather Jr. in September 2013. Alvarez also defeated Gennady Golovkin last month in a battle featuring two of boxing’s biggest superstars. With HBO recently announcing its plan to no longer provide boxing coverage by the end of 2018, DAZN hopes to step up. Alvarez will next fight Rocky Fielding on Dec. 15 at Madison Square Garden in New York.

Canelo signs record $365M deal with DAZN


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