Don’t let the trash talk fool you. Under the facade of verbal warfare, crowd cheers, and the flashlights of cameras, the green currency rules the boxing world. The age of super fights is upon us, and so is the glorious opportunity for boxers to rack in hefty money. The latest beneficiary will be Jermell Charlo when he walks to the middle of T-Mobile this Saturday, September 30, and stands across Canelo Alvarez.
Despite doubts surrounding the American fighter’s skills and lingering questions about ring rust, he is already a winner. A winner on the business side of things. While a few might hotly debate whether Charlo can reign in the Mexican bull, it is a no-brainer that he would be heading back to Houston with bags filled with cash.
Jermell Charlo’s biggest payday against Canelo Alvarez, why?
ADVERTISEMENT
Article continues below this ad
How will one feel when they are booked to face one of the biggest names in their respective sports: feared, anxious, or lucky? In Charlo’s case, he would definitely have mixed feelings. But one thing is sure: he will bathe in gold. To set the context, a fan has to shell out a minimum of $429 per StubHub to witness the exciting fight between two fighters from neighboring countries.
The price range further fluctuates and goes as high as $31,000. A premium price for a premium view, maybe? Additionally, T-Mobile, home to multiple UFC PPVs, can host up to 20,000 capacity, and therefore, the gate revenue will be off the roofs. It might even threaten to dislodge Floyd Mayweather Jr. vs. Alvarez, which amassed $20 million in gate revenue, making it the highest-grossing gate receipts fight in Las Vegas history. Hope is indeed a dangerous thing for boxing fans.
Such numbers are possible when you have Alvarez, at 59-2-2, fighting on the card. Especially in a rare, never-seen undisputed vs. undisputed champion clash. Likewise, the PBC is hopeful of enormous PPV revenue, selling at $74.95, making the much-awaited fight a blockbuster commercial success. The huge revenues in gate receipts and PPV buys will also add a fat balance to both fighters’ bank accounts.
The super middleweight bout will help realize Alvarez’s recent entrepreneurial endeavors. From ‘VMC’, a Tequila-based canned cocktail, to his recent appearance on the silver screen, the $200 million-worth boxer is doing it all. Meanwhile, Charlo, who will receive his own chunk of PPV buys and gate receipts besides his huge fight purse, might spend it on expanding his luxurious entourage. However, his chunk will be significantly smaller than Alvarez, who collects tens of millions every fight.
Jermell Charlo average per fight earnings in comparison to Alvarez
The junior middleweight champion burst on the scene when he defeated John Jackson and clinched the WBC title in 2016. However, it wasn’t until his defense against Erickson Lubin in 2017 that rough purse estimates were available. The 33-year-old boxer earned $430,000, which included a 65% PPV share. The purse increased to $500,000 when he fought Austin Trout, and it was further boosted to $750,000 when he and Tony Harrison squared off.
His career soon picked up an upward trajectory, and he broke into the $1 million money fight club. It became his standard purse in his last four bouts, including with Tony Harrison, Jeison Rosario, and his subsequent two fights with Brian Castano. The Lafayette native even became the undisputed light middleweight champion in his most recent outing. On the heels of these fights’ revenue, the caknowledge has listed his estimated net worth to be around $8 million.
ADVERTISEMENT
Article continues below this ad
Meanwhile, Alvarez has been the man of big fights for a long time. His notable fight with Floyd Mayweather saw him earn $12 million. His next big paycheck came when he flatlined Amir Khan in 2017 and took home $25 million. Further, his paycheck ballooned to $40 million when he stepped into the squared circle against Gennady Golovkin. Their second meeting also reaped benefits, as Alvarez earned an estimated $30 million.
Notably, Alvarez’s fight with Caleb Plant also left him wealthy by $40 million and made him the undisputed super middleweight champion. However, his biggest payday came in the recent Golovkin trilogy fight. He received $45 million, and his total earnings reportedly touched $100 million, including PPV buys.
ADVERTISEMENT
Article continues below this ad
That’s exactly 100 times what Charlo earned in his last fight. Hence, the Canelo fight offers Charlo not only a shot at getting inducted into boxing folklore but also promises him excessive economic gains. What do you make of this business side of boxing affairs? Let us know in the comments below.
Watch This Story: Jermell Charlo Intense Training and Diet Routine for Canelo Alvarez Fight