Sporting world stunned as boxer signs richest deal in history

Boxer Canelo Alvarez Inks $365 Million Contract With Streaming Network DAZN, Richest Deal in the History of Sports

Boxer Canelo Alvarez Inks $365 Million Contract With Streaming Network DAZN, Richest Deal in the History of Sports

The Mexican was a free agent in terms of a TV partner after HBO Boxing pulled out of the sport and it now appears as if the new streaming service has won the race for one of, if not the biggest, fish in the fight world. He will meet Rocky Fielding in a 12-round, super middleweight bout December 15, 2018.

Promoter De La Hoya told ESPN: "Canelo is the highest-paid athlete in the world".

Mexican star Alvarez, who dethroned Gennady Golovkin in their gruelling rematch in Las Vegas last month, will fight 11 times as part of the deal, starting with December's super-middleweight bout in NY against Rocky Fielding.

It will offer fans a monthly subscription service to watch the fights rather than having to pay hefty pay-per-view fees.

"We have No. 1 and No. 2".

Skipper promised fight fans will be able to buy fights "for a lot less expensive than they did before". "Canelo fighting on DAZN, we believe that that will help us attract some of the other fighters, some of the other premier fighters".

Fans face rain to greet Prince Harry and Meghan in Melbourne
The lights went out and both Harry and Meghan pressed the buttons to launch their cars along the state dining room table. The main focus of the tour is the Invictus Games, which start in Sydney on Saturday.

Off the heels of a historic decision victory over Middleweight juggernaut Gennady Golovkin, Saul "Canelo" Alvarez has secured himself a $375 million contract with a mandated string of bouts, eleven in total. That fight, like most of boxing's biggest, was shown on pay-per-view. It cost $84.95 to be seen in high definition.

DAZN became the broadcast home of boxing in the United States after HBO announced in September that it is getting out of the fight business.

'If he wants to come back and is still motivated to come back, he should do it right and give me the opportunity to have that rematch and demonstrate who is better'. We'll see how the weight affects me.

DAZN charges its subscribers $9.99 per month for a range of combat sports content.

A subscription in the U.S. will cost $9.99 under the five-year term with Golden Boy, which will also oversee another ten fights that will stream on DAZN in 2019.

Golovkin, who was also with HBO, has not agreed a deal with a new US TV network yet and his move could signal how likely he is to have a third fight with Alvarez in the near future.

Recommended News

  • Australia Open to Moving Its Israel Embassy to Jerusalem

    Australia Open to Moving Its Israel Embassy to Jerusalem

    Israel is the only nation on earth denied the right, in a practical sense, to choose its own capital. Mr Morrison said he would consult with his cabinet and other nations before making any decisions.
    Body found in rain-swollen lake amid Texas flooding

    Body found in rain-swollen lake amid Texas flooding

    The Llano River's crest of 39.91 feet in Llano was just below the record high of 41.5 feet there in June 1935. Last week, four people were swept away in floodwaters along the South Llano River in Junction .
    Markets Right Now: Stocks surge to biggest gain since March

    Markets Right Now: Stocks surge to biggest gain since March

    Johnson & Johnson and UnitedHealth, the nation's biggest health insurer, also rose sharply after releasing their results. At Morgan Stanley, Goldman's traditional rival, revenue from equity trading rose 6%, while bond trading rose marginally.
  • MAN's New FAR FROM HOME Suit Revealed

    MAN's New FAR FROM HOME Suit Revealed

    He posted an image of Spidey standing on a NY street alongside co-star Zendaya , with the simple caption: "THATS A WRAP". The differences between this suit and Spider-Man's Homecoming suit are subtle, but definitely noticeable.
    Canada is legalizing marijuana: Here's what Michiganders should know

    Canada is legalizing marijuana: Here's what Michiganders should know

    Quebec's newly elected, right-wing government also says it plans to raise the legal age to buy cannabis from 18 to 21. Canada's 13 provinces and territories are setting their own rules for cannabis use, leading to some confusion.
    Simona Halep earns second successive year-end top ranking

    Simona Halep earns second successive year-end top ranking

    Halep in the updated world rankings broke away from her nearest competitor Caroline Wozniacki on 960 points. The world No 1 said recent weeks had been "very stressful" because of the injury.
  • Prescott, Cowboys pack punch with pass, rout Jaguars 40-7

    Prescott, Cowboys pack punch with pass, rout Jaguars 40-7

    The Cowboys are set to face one of the AFC's best in the Jacksonville Jaguars , but the game does come at home in AT&T Stadium. The Cowboys not only beat the Jaguars 40-7, but they did so in an absolutely dominant fashion.
    Sreesanth expresses her anger with Dipika Kakkar

    Sreesanth expresses her anger with Dipika Kakkar

    The Ghoda Gaadi wala with the maximum distance covered will be the victor and will be one of the contenders for captaincy. He will also ask his lady love why she has not given her a massage up till now like how Sourabh gave her the other day.
    MLB Clears Astros of Any Wrongdoing in Sign-Stealing Scandal

    MLB Clears Astros of Any Wrongdoing in Sign-Stealing Scandal

    The incident isn't expected to amount to anything more than a fine for Houston , according to a report from ESPN . It's still fishy and the league told the Astros not to do that anymore and report it to the proper authorities.
  • Unapproved, Sometimes Dangerous Drugs Found In Dietary Supplements

    Unapproved, Sometimes Dangerous Drugs Found In Dietary Supplements

    Most supplement consumers wrongly believe that the products they are purchasing are regulated or vetted in some way. They also noted that another study found that 23,000 emergency visits per year are due to supplements.
    Sheriff says parents of missing Wisconsin girl were shot to death

    Sheriff says parents of missing Wisconsin girl were shot to death

    Fitzgerald told reporters Tuesday that Jayme is "missing and endangered", noting that there is an active Amber Alert for the teen. Fitzgerald said Wednesday that the sheriff's deputies arrived at the family's home only four minutes after that call was placed.
    A #MeToo novel wins the coveted Booker Prize

    A #MeToo novel wins the coveted Booker Prize

    The novelist has, however, said she is happy for the work to be taken as an inspiration by those involved in the movement. In 2001 she won the Winifred Holtby Memorial Prize, and was shortlisted for the 2002 Orange Prize for Fiction.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.