Canelo Alvarez signs highest-earning sports contract of all time

Floyd Mayweather sent Alvarez to his sole professional defeat in September 2013

Floyd Mayweather sent Alvarez to his sole professional defeat in September 2013

The deal kicks off with the WBA and WBC middleweight king's move up to super-middleweight to take on Liverpool's Rocky Fielding on December 15 at Madison Square Garden in NY.

"We are thrilled to be exclusive partners with Golden Boy Promotions and Oscar De La Hoya", John Skipper, executive chairman of Perform Group, DAZN's parent company, told ESPN of this new deal with Canelo.

"This is only from my hard work", Alvarez told ESPN shortly after signing the deal at 1 a.m. ET at a hotel in Times Square.

Mexico's Alvarez, who recently dethroned Gennady Golovkin in Las Vegas, has committed his future to the sports streaming service for the next five years and his next 11 fights.

Alvarez's deal is the richest athlete contract in sports history, eclipsing the 13-year, $325 million agreement that batter Giancarlo Stanton signed in 2014 with the Miami Marlins.

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Overall, super, super stuff for boxing. "That was the most important thing, more important than what I am making".

"It's very important for me to give the fans the biggest fights and the most important fights, and I promise you I will always do that".

Alvarez and Britain's Fielding will hold a news conference in NY on Wednesday to promote their fight at Madison Square Garden.

As part of the partnership, Golden Boy Promotions will put on up to 10 high-caliber fight nights per year that will stream live on DAZN beginning in early 2019.

'I am moving up in weight, and I don't know how my body will feel.

That deal included a total of 16 bouts each year across the USA on top of Matchroom's existing 16 fight nights in the UK.

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