clock menu more-arrow no yes

Filed under:

Purses: Canelo Alvarez to make $1.25 million plus revenue, Alfredo Angulo $750K

New, comments

Canelo Alvarez is The Million Dollar Man for Saturday night, and will bring in much more than his $1.25 million base purse.

Jayne Kamin-Oncea-USA TODAY Spor

Canelo Alvarez will make $1.25 million in base purse on Saturday which will be much more than that when the pay-per-view money and what have you rolls in, and Alfredo Angulo will get $750,000 for the Showtime pay-per-view main event from the MGM Grand in Las Vegas, per the Nevada State Athletic Commission.

Alvarez (42-1-1, 30 KO) is coming back from his first pro loss to Floyd Mayweather last September, while Angulo (22-3, 18 KO) is also coming off of a loss to Erislandy Lara in June 2013. But the fight has generated some good interest anyway, in part because Alvarez remains one of boxing's top stars, and also because the fight is an attractive style matchup that on paper is better than most "mega-fight" events can promise.

According to Dan Rafael of ESPN.com, Alvarez has an 80-20 split deal with Golden Boy in addition to the $1.25 million purse, and Alvarez gets the 80%. So he'll make much more than just that purse figure.

In the main undercard bout, WBC super bantamweight titleholder Leo Santa Cruz will make $500,000 for his defense against Cristian Mijares, who has a purse of $92,000. Jorge Linares and Nihito Arakawa will each make $50,000 for their lightweight 10-rounder.

If the fight goes ahead as scheduled, Carlos Molina will make $275,000 for his defense of the IBF junior middleweight title, but that is in doubt right now. Challenger Jermall Charlo has a $100,000 purse, and will be paid whether or not the fight happens. Molina is currently detained by police in Las Vegas. If that fight is canceled, Ricardo Alvarez vs Sergio Thompson will move to the pay-per-view undercard.