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BOXING

Canelo vs Berlanga purse money: How much will they make and how will they split it?

The ways of the boxing world’s paydays are shrouded in mystery and none more so than the finances of a Canelo fight, but we try to separate fact from fiction.

(FILES) Mexican boxer Canelo Alvarez gestures during the weigh-in ceremony prior to his fight against British boxer John Ryder for the WBA, WBC, IBF and WBO super middleweight titles in Guadalajara, Mexico, on May 5, 2023. Mexican superstar Canelo Alvarez announced on July 25, 2024 that he will defend three super-middleweight world boxing titles on September 14 against undefeated Edgar Berlanga in Las Vegas. (Photo by ULISES RUIZ / AFP)
ULISES RUIZAFP

Canelo Álvarez is stepping into the ring once again, this time against Edgar Berlanga, on Saturday, September 14, at the T-Mobile Arena in Las Vegas. It’s the kind of fight you’d expect to see on Mexican Independence Day - a date Canelo rarely misses. With three belts on the line - WBC, WBO, and WBA - the stakes are sky-high, and so is the money.

Canelo has built a career as a powerhouse in boxing, both in skill and earning potential. For his recent bout with Jaime Munguía, Canelo walked away with a guaranteed $30 to $35 million, and that’s not even counting his cut from pay-per-view (PPV) sales, which pushed the total even higher. The fight with Berlanga is expected to follow a similar pattern. While the exact numbers are still up in the air, Canelo is likely to take home anywhere between 50% and 80% of the PPV earnings. That puts him in line for another massive payday, potentially exceeding the $35 million mark.

On the other hand, Berlanga, a rising star with Puerto Rican roots, is looking at the biggest opportunity of his career. Up to now, Berlanga has earned between $500,000 and $700,000 per fight. This time, though, he’s stepping onto a much bigger stage, and the money will reflect that. Although the specific purse hasn’t been made public, it’s expected that Berlanga will see a significant boost. There were rumors floating around that Berlanga could be making up to $30 million for this fight, with $17.5 million guaranteed. But Berlanga himself shot down that figure, calling it “too high.”

“No, no, no, no. Let’s see, let’s see. I don’t want to talk about that, but that’s not it. That’s too high. Oh, my God. That’s a lot,” he said, while also admitting, “Yes, yes, yes, of course, yes, of course,” when pressed on whether it’s still a large amount.

So, while the exact breakdown isn’t clear, one thing is certain: both fighters stand to make millions. For Berlanga, this fight isn’t just about titles - it’s a shot at transforming his career and bank account. And for Canelo, it’s another day at the office, where the rewards are as massive as his reputation.

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