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Nevada Commission Reveal Base Salaries For Canelo Alvarez Vs. Gennady Golovkin Fight

They aren’t going to make off with the sort of ludicrous paychecks that Floyd Mayweather Jr. and Conor McGregor did for their fight at the same venue just three weeks ago, but Gennady ‘GGG’ Golovkin and Saul ‘Canelo’ Alvarez are set to make some nice coin from their massive middleweight title clash tonight at the T-Mobile Arena in Las Vegas.

On Friday, the same day that both men weighed in right on the middleweight championship limit of 160lbs, the Nevada State Athletic Commission revealed that Alvarez’s base salary is $5 million, while Golovkin’s is $3 million. However, Dan Rafael of ESPN reports that both fighters have been given larger, undisclosed, eight-figure guarantees by their respective promoters. Several other media outlets have already suggested that Alvarez’s is worth $20 million, while Golovkin’s is $15 million.

Of course, the two fan-friendly middleweights are also entitled to percentages of the profits brought in through various revenue streams, such as Pay-per-view, television deals and so forth. Thus, with fight is expected to do north of 1 million Pay-per-view buys in North America alone, they stand to make more than that when all the numbers are tabulated.

This is the fourth time that Alvarez has earned a disclosed purse of $5 million. ‘Canelo’ also received this sum for his fights with Floyd Mayweather Jr., Miguel Cotto and Julio Cesar Chavez Jr. While the Mexican superstar earned a disclosed $3.5 million for his starching of Amir Khan in May 2016. In each of those cases however, Alvarez pocketed significantly more through his shares in various revenue streams.

$3 million is Golovkin’s highest disclosed purse thus far. His previous high was a $2 million payout for an April 2016 bout with Dominic Wade at the Inglewood Forum in California, but many of the Kazakh’s biggest fights have taken place under the the auspices of commissions that don’t disclose this kind of financial information. Reports suggest that he was guaranteed $2.5 million for his March bout with Daniel Jacobs in New York and a hefty $5 million for his clash with Kell Brook in London last year.

His share of the Pay-per-view revenue for the fight against Jacobs probably didn’t earn the 35-year-old a huge amount of extra cash, as it drew just 170,000 buys in North America. Golovkin vs. Brook was shown on regular HBO in North America rather than on Pay-per-view, but it is believed that the bout drew a very healthy number on Sky Box Office in the U.K. Promoter Eddie Hearn claimed in a May interview with iFL TV that it garnered somewhere in the region of 400,000 buys. It’s unclear if Golovkin was entitled to a cut of the revenue generated by these purchases, however. The $5 million guarantee suggests he may have opted to take more money up front than gamble on the success of the Pay-per-view in the U.K.

Alvarez vs. Golovkin airs live on BoxNation in the U.K. and Ireland, with coverage beginning at 1 a.m. All information on how to view the fight is available here.

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Author: The PA Team

This article was written by a member of The PA Team.