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Boxing’s biggest draw, Canelo Alvarez, has entered Forbes’ top-ten highest-paid athlete club. This is the first time in his career when the Mexican made it to the elite club of athletes across all sports. Interestingly, his on-field earnings have stunned all sports fans. The champ knocked out even the highest-paid on the list. The fortunes he made in the ring have surpassed even top earner soccer star, Lionel Messi, and NBA legend LeBron James.
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LAS VEGAS, NV – SEPTEMBER 15: Boxer Canelo Alvarez poses on the scale during his official weigh-in at MGM Grand Garden Arena on September 15, 2017 in Las Vegas, Nevada. Alvarez will challenge WBC, WBA and IBF middleweight champion Gennady Golovkin for his titles at T-Mobile Arena on September 16 in Las Vegas. (Photo by Ethan Miller/Getty Images)
According to Forbes, the former pound-for-pound has improved his money-making ability. He is at number 8 on the 2022 list of top-ten highest-paid athletes across the globe. The previous year, Forbes has given him the 48th spot on the list.
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Canelo’s campaign for the undisputed super-middle throne has amazed him with back-to-back lucrative purses. Therefore, despite losing against Dmitry Bivol, he made $85million by trading leather in the ring.
His off-field earnings are probably the lowest among top athletes. He made only $5million through endorsements and investments. Which totals around $90million.
Whereas leading earners on the list like Messi, and King James are far behind when it comes to making money entirely through sports. Forbes has reported the on-field earnings of Messi as $75million, and James as $41.2million. It is their off-field earnings that gave them an edge over Alvarez.
Comparison between the Net worth of Canelo Alvarez, LeBron James, and Lionel Messi
Canelo Alvarez is the biggest pay-per-view star in modern-day boxing. His fights earned him a lucrative sum. The Mexican has terrorized the ring for over decades. This has not only established him as the greatest technician but also made him the highest-paid boxer of this generation.
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LAS VEGAS, NEVADA – MAY 04: Canelo Alvarez poses with his championship belts after his unanimous decision win over Daniel Jacobs in their middleweight unification fight at T-Mobile Arena on May 04, 2019 in Las Vegas, Nevada. (Photo by Tom Hogan/Golden Boy/Golden Boy/Getty Images)
According to Celebrity Net Worth, Canelo has a net worth of $140million. The major source of his income is boxing. Along with that, his business ventures and endorsement deals have also contributed a lot.
Whereas the net worth of LeBron James is roughly around $850million. The debatable NBA GOAT is on the verge of entering into the billionaire’s club. He is among the highest-paid athletes for many years.
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SHENZHEN, CHINA – OCTOBER 12: #23 Lebron James of the Los Angeles Lakers in action during a preseason game as part of 2019 NBA Global Games China at Shenzhen Universiade Center on October 12, 2019 in Shenzhen, Guangdong, China. (Photo by Stringer/Anadolu Agency via Getty Images)
On the other hand, the highest-paid athlete in the year 2022 is a soccer magician, Lionel Messi. The Argentinian legend’s net worth is around $600million.
The majority of the money he made is as a striker and winger for FC Barcelona. Along with that, the massive endorsement deal with Adidas also contributes to his wealth.
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PARIS, FRANCE – NOVEMBER 29: Lionel Messi is awarded with his seventh Ballon D’Or award during the Ballon D’Or Ceremony at Theatre du Chatelet on November 29, 2021 in Paris, France. (Photo by Aurelien Meunier/Getty Images)
Though Canelo’s on-field earnings are the highest in the world, James and Messi’s deals and investments assisted them in making the lucrative sum in the end.
Watch This Story–Everything You Need to Know About Canelo Alvarez’s Golf Stints
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What do you think of Canelo’s on-field earnings? Let us know in the comments below.
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