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The 29-year-old Canelo (52-1-2, 35 KOs) is coming off an impressive unanimous decision over Daniel Jacobs in May to claim the IBF middleweight title, but he was stripped of the belt after failing to reach a purse bid with mandatory challenger Sergiy Derevyanchenko. Canelo Alvarez vs. Sergey Kovalev Purses: Alvarez Banking Big. Canelo Alvarez is moving up two weight classes for his latest attempt to cement his fighting legacy further. "The most dangerous thing about Kovalev is to climb two weight classes to where he fights. The 29-year-old Canelo (52-1-2, 35 KOs) is coming off an impressive unanimous decision over Daniel Jacobs in May to claim the IBF middleweight title, but he was stripped of the belt after failing to reach a purse bid with mandatory challenger Sergiy Derevyanchenko. ESPN has released the full salaries for those involved in the Alvarez vs. Kovalev card. Forbes reports that the boxing sensation earned $92 million in salary/winnings, with an additional $2 million coming by the way of endorsements from the likes of DAZN and Everlast. "We've trained for [fighting a bigger man], enduring the pace of a heavier weight than myself. According to Forbes, Canelo has a net worth upwards of $94 million. He then defended the title with an 11th-round TKO of Anthony Yarde in August. Boxing » Canelo Alvarez » Canelov vs. Kovalev negotiations cleared hurdle today. Our. Before the fight, Alvarez admitted he was taking a risk moving up to 175lb. https://images.daznservices.com/di/library/sporting_news/cb/2a/canelo-alvarez-050419-matchroom-ftr_1rk8uk7q4qj1p5mj4q77p29q.jpg?t=-1584734598&w=500&quality=80, Forbes reporting that he'll pocket at least $35 million per fight, Read the latest Canelo vs. Kovalev news at SN's fight HQ. Alvarez bids to win a world title at fourth different weight when he takes on light-heavyweight Kovalev Canelo Alvarez will earn a stunning £27million from his fight with Sergey Kovalev. Canelo Alvarez vs Sergey Kovalev prize money and purse for world title fight. Handing Alvarez the first loss of his career since 2013, at 36-years-old, would be a massive feat for the longtime light heavyweight champion. Privacy Statement l Cookies Policy l Boxing Resources l Back To Top l Contact Us. Canelo Alvarez will earn a stunning £27million from his fight with Sergey Kovalev. That was reported following his victory over Daniel Jacobs, but before facing Kovalev. MORE: Read the latest Canelo vs. Kovalev news at SN's fight HQ. 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Subscribe to our podcast -- State of Combat with Brian Campbell -- where we take an in-depth look at the world of boxing each week, including instant analysis of Canelo vs. Kovalev … Sergey Kovalev appears to have one less legal wrangle to worry about. This will mark the third bout of Canelo's five-year, 11-fight deal, worth a reported $365 million, that he inked with DAZN last year. 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