Boxing champion Saul Alvarez signs 'richest sports contract ever'

"The most important thing to me was being able to give the fans the opportunity to see me fight without having to pay the US$70 or US$80 for my fights on pay-per-view". "Being part of this historic deal will require me to prepare myself even more and offer fans even better performances".

Canelo Alvarez, fresh off his razor-thin split decision "victory" over Gennady Golovkin, which, in this writer's opinion, was an absolute shambles of a result, has signed the highest-earning sports contract of all time.

The reported value of the deal would top the previous most-valuable contract - the $325m 13-year deal of baseball star Giancarlo Stanton in 2014.

Floyd then implored his fans on social media to "leave the most disrespectful caption you can think of" about Oscar.

The Mexican was a free agent in terms of a TV partner after HBO Boxing pulled out of the sport and it now appears as if the new streaming service has won the race for one of, if not the biggest, fish in the fight world.

In what has been described as a massive coup for boxing fans, the deal will allow those interested in watching the fight to pay substantially less for a subscription service, rather than forking out pay-per-view fees. De La Hoya told ESPN that in addition to Alvarez, Golden Boy signed an undisclosed deal to promote 10 cards annually on DAZN beginning in 2019.

De La Hoya is expected to announce the deal at Wednesday's press conference in NY to promote Alvarez's December 15 return at New York's Madison Square Garden when he moves up in weight to challenge secondary WBA super middleweight titleholder Rocky Fielding in the first bout of his new DAZN deal. It cost $84.95 to be seen in high definition.

Now fans can pay significantly less - $9.99 subscription cost per month in the USA - to see his fights on DAZN (pronounced Da-Zone). "Forget about what the price is, the amount of money that we're making".

John Skipper, executive chairman of Perform Group, DAZN's parent company, had the following to say on the deal being made.

  • Stacy Allen