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Canelo vs GGG base salaries: Alvarez $5M, Golovkin $3M, but both will earn significantly more

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Article Source – bloodyelbow.com

Here are the base purses for the massive boxing fight between Canelo Alvarez and ‘GGG’ Gennady Golovkin

Canelo Alvarez and Gennady Golovkin have made weight, making the highly anticipated boxing match official for Saturday night. The California State Athletic Commission have also since released the base purse for the contest, with Canelo getting $5 million, and GGG at $3 million.

Both will earn significantly more than these base salaries reported to the commission though. As Dan Rafael notes, both fighters will take home “well into the eight figures based on their guarantees from their promoters,” along with a big percentage of the profits from the PPV and the entire event in general.

Alvarez also has a lucrative TV deal in Mexico.

Canelo’s last bout against Chavez also had the same exact base salaries of 5 and 3 million dollars that was reported, with both fighters also earning much more. Forbes estimated that Alvarez took home $27 million in salaries against Chavez, and he is expected to get a bigger payout for this bout with GGG.

Here are the complete disclosed base salaries for the event:

  • Canelo Alvarez ($5 million) vs. Gennady Golovkin ($3 million)
  • Joseph Diaz ($200,000) vs. Rafael Rivera ($15,000)
  • Diego De La Hoya ($80,000) vs. Randy Caballero ($50,000)
  • Ryan Martin ($50,000) vs. Francisco Rojo ($25,000)

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