Both undisputed, Canelo Alvarez and Jermell Charlo have dismantled the competition within their respective divisions. Their paths will now cross when Canelo defends his status as undisputed super middleweight champion at the T-Mobile Arena on September 30. The 12-round bout, plus undercard action, will air on Showtime PPV and PPV.com in the U.S.
Charlo, the undisputed super welterweight champion, hasn’t fought since May 2022, when he knocked out Argentinian Brian Castano. “Iron Man” now moves up two weight classes to face Canelo and believes the timing is right for this matchup.
“When you got the right people operating the system and handling the business on the other end, it always makes it the right moment,” Charlo said during a media workout via Boxing Scene. “Now is the right moment. We’re both 33 years old. We’re at our prime, at our best, our fastest, our strongest.”
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Canelo became undisputed at super middleweight in just 11 months. The Mexican star is known for taking risks, having competed in four weight classes and claimed world titles in all of them. The future provides endless possibilities for him, especially after signing a long-term deal with Premier Boxing Champions.
A money fight like this should result in a big purse for both. The Sporting News looks into the purse history of both men and what they can expect to earn on fight night.
Canelo Alvarez vs. Jermell Charlo fight purse: How much will Canelo and Charlo make?
As of this moment, it is unknown the exact amount Canelo and Charlo will earn for this fight.
Canelo signed a three-fight deal with Premier Boxing Champions worth $100 million, with Charlo being the first fight of the deal. An option to fight David Benavidez first would have had Canelo earning somewhere around the $35–$40 million mark.
Canelo Alvarez vs. Jermell Charlo purse history
Per Essentially Sports, Canelo made $12 million against Floyd Mayweather in 2013. Facing Amir Khan in 2016, Canelo made about $25 million, per Sports Zion. Against Caleb Plant, when he became the undisputed super middleweight champion, Canelo made $40 million. Facing Dmitry Bivol for light heavyweight gold, Canelo had a guaranteed purse of $15 million.
Canelo earned $40 million in the first fight against Gennadiy Golovkin and $30 million in the rematch, per Celebrity Net Worth. In the trilogy fight, he earned about $45 million, reaching $100 million following PPV sales.
Per Sports Payouts, Canelo earned a guaranteed $15 million against John Ryder. It was rumored he took a $10 million pay cut for the fight to be in Mexico.
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Per Sports Payouts, Charlo took home a guaranteed purse of $430,000 against Erickson Lubin in 2017. In the first Tony Harrison fight, which he lost in 2018, Charlo earned $750,000. In the rematch a year later, where he won back the WBC super welterweight title, Charlo took home his first guaranteed million-dollar purse.
When he fought Brian Castano to a draw in 2020, Charlo had a reported guaranteed purse of $1 million. Total Sportal reported that Charlo would receive another $1 million purse with a 60/40 purse split totaling $3 million. Total Sportal also revealed Charlo was supposed to earn $1.5 million against Tim Tszyu plus a 70/30 edge in PPV shares before his hand injury scuppered the bout.
What is Canelo Alvarez’s net worth?
Per Celebrity Net Worth, Canelo Alvarez has a net worth of around $200 million.
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In 2018, the Mexican hero signed a $365 million contract with DAZN and Golden Boy. Eventually, Canelo filed a lawsuit against DAZN and Golden Boy, accusing both of a breach of contract. He requested damages of up to $280 million and pledged to leave the platform. Canelo later returned to DAZN to fight Callum Smith, Avni Yildirim, Billy Joe Saunders, Dmitry Bivol, and Gennadiy Golovkin under the Matchroom banner.
What is Jermell Charlo’s net worth?
Per Idol Net Worth, Jermell's net worth is around $1.2 million ($1.5 million per Media Referee).
Jermall, his brother, has a net worth of around $3 million per Celebrity Net Worth.