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Sports is an industry where you can go from rags to riches in just one night, provided you put in the right efforts. Athletes have amassed billions through their widespread fame and achievements. One such example who has become a huge global figure is the Mexican king Canelo Alvarez. Let’s take a look at what legendary boxer Mike Tyson had to say about him.

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While talking to Hollywood actress Rosie Perez on the Hotboxin with Mike Tyson podcast, the boxer stated, “The guy has so much money, though, they are paying him for these fights. He’s been getting a lot of money. I’m talking about that he is making, this guy Canelo is making heavyweight money. Listen, he has so much endorsements, he is like a superstar. He doesn’t have to fight. I don’t know why he doesn’t get hit and hurt, it should be over for him.”

DIVE DEEPER: 4 Moments That Changed Mike Tyson’s Life Forever

‘Iron Mike’ feels that a massive figure like Alvarez can make a lot of money from endorsements and other things. He slyly suggested he should get hurt and retire. This would allow Alvarez to still make an enormous amount of money outside of boxing through endorsements without taking punishment like he does in the ring. Tyson is familiar with what it’s like to be a superstar because he was once a tremendous icon in his own right. The youngest heavyweight champion also knows the toll one has to take being a professional boxer, which is why he slyly suggested Alvarez to retire and make money outside of boxing.

Mike Tyson and his life as a superstar

‘The Baddest Man on the Planet’ made his professional debut in boxing at the age of 18, in the year 1985. Just after two years of his debut, the boxer became the youngest heavyweight champion in history. The legend is now 55 years old, and his life has thus far been nothing short of a roller coaster. Let’s take a look at his lavish life.

The multi-million empire consisted of a vast array of pricey items. Talking about his car collection, he bought a Ferrari 456 GT Spider, which cost him around $90,000. In addition, he also bought an Aston-Martin Laguna, Rolls Royce Corniche, Jaguar XJ220, Lamborghini Super Diablo Twin Turbo, and many other cars that add to his collection.

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Furthermore, Kid Dynamite owns a massive house in Las Vegas worth $2.5 million. The boxer also had a 24-karat gold bathtub worth $2.2 million at one of his residences. In addition, he spent over $2.1 million on a 7,700-square-foot mansion in Paradise Valley, Los Angeles. Additionally, the boxer lived in a massive 19,500-square-foot Ohio house during his prime. The tigers’ cages, a basketball court, and many other items are still on the abandoned property.

WATCH THIS STORY: Canelo Alvarez Net Worth: Five Biggest Fight Purses Of His Illustrious Boxing Career

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‘Iron Mike’ has lived his life king size, but it moved towards a decline because of his bankruptcy. The man had it all, but a lack of financial savvy cost him everything. Fortunately, Tyson is one of the biggest name in boxing, and because of that the former champion could find his way back to living a comfortable life.

Do Share your thoughts about Tyson’s remark on Alvarez in the comments section below. 

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