Canelo Alvarez Reportedly Planning To Fight Three Times This Year In A Deal With DAZN Worth Up To $160 Million

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‘2022 is going to be a big year for Canelo Alvarez.

On Friday afternoon, it was revealed that Alvarez was planning on fighting two times in a deal with DAZN.

Sources: Canelo Alvarez and Dmitry Bivol have finalized a deal for a May 7 fight for Bivol’s light heavyweight title. An annoucement is imminent for the DAZN PPV. It’s a two-fight deal for Canelo with Matchroom. Story coming to ESPN.

— Mike Coppinger (@MikeCoppinger) February 25, 2022

This is a special day! Honoured to announce a multi fight deal with P4P King @canelo – first up he challenges @bivol_d for his WBA Light Heavyweight World title on May 7 live on @daznboxing – Press conference next Wednesday in San Diego! 🇲🇽 pic.twitter.com/RQt3Y6sPyo

— Eddie Hearn (@EddieHearn) February 25, 2022

According to ESPN’s Mike Coppinger, Alvarez is negotiating to fight a third time in 2022 that would put the value of his contract with DAZN at $160 million.

Sources: Canelo Alvarez and manager/trainer Eddy Reynoso are also planning a third fight with Matchroom that will take place in December. The three-fight plan with DAZN is worth up to $160 million.

— Mike Coppinger (@MikeCoppinger) February 26, 2022

Canelo apparently turned down a two-fight $100 million deal with PBC to fight under DAZN.

The other package that was presented to Alvarez, ESPN’s No. 1 pound-for-pound boxer, came from PBC. Al Haymon offered Alvarez a one-fight deal worth upward of $45 million for a May 7 defense of his undisputed super middleweight championship against Jermall Charlo, sources said. Another PBC offer extended to Alvarez, 31, was for two fights and more than $100 million for a May fight with Charlo and a September bout with David Benavidez, sources said.

Instead, Alvarez (57-1-2, 39 KOs) chose the DAZN route and the appeal of another megafight with Golovkin. Alvarez fought Golovkin twice for middleweight supremacy, and both bouts were commercial bonanzas. Each produced more than $20 million in gate receipts and more than 1 million pay-per-view buys.

Canelo’s trainer/manager Eddy Reynoso appeared to confirm the reports.