Canelo Alvarez has signed a five-year contract worth $ 365 million, the most profitable sports history deal, according to his promoter, Oscar De La Hoya. Canelo's deal is for 11 boxing matches in the next 5 years with the broadcasting company "Canelo is the most paid athlete in the world, he is very happy," De La Hoya told ESPN.
Alvarez's fame in recent years has risen sharply after matches with boxing stars Gennady Golovkin, Amir Khan and Julio Cesar Chavez Jr. The first Canelo's affair under the new contract will be December 15 at Rocky Fielding at New York's Madison Square Garden. "This contract will motivate me to better prepare and offer to fans the presentation best, "says Canelo for ESPN.