Canelo Alvarez knocked out Amir Khan in round 6 with devastating right, ending the night early. Canelo who was A-side in the negotiations for the fight will be getting $3.5 million guaranteed purse plus share of PPV revenue and his domestic Azteca tv deal while Amir Khan is guaranteed $2 million but he is all set to clear around $13 million from this fight with share of HBO ppv and his BoxNation tv deal back in native UK.
Its a ballsy move by Khan and by all account if he manages to win this one he will be right up there as the biggest draw in boxing but its a big if. Canelo Alvarez has improved alot since his defeat against Floyd Mayweather and he is widely regarded as the biggest draw in boxing alongside Gennedy Golovkin who he was suppose to fight this year. But boxing politics are playing its part in delaying probably the biggest fight available at the moment.
Khan vs Canelo Purse details: Apparently Amir Khan has been guaranteed a $2 million purse for Canelo Alvarez fight plus share of HBO ppv revenue and his domestic tv deal with BoxNation in UK is set to earn him well over $10 million. Canelo Alvarez purse is officially disclosed purse is guaranteed $3.5m but with tier based contract with HBO he is set to clear well over $15 million from this fight.
|FIGHTER||Official Purse||PPV SHARE|
|Canelo Alvarez||$3.5 million||Plus share of PPV sales of around $2 or $3 for every PPV sold if the total PPV buys numbers reaches over 500,000. Taking Canelo’s Potential earnings between $15-20 million|
|Amir Khan||$2 million||Khan will also get slice of PPV revenue plus his BoxNation TV deal wil ensure a total of $13 million from his nights work.|
Undercard Purses: Khan vs Canelo is not the only fight on the night and goldenboy promotion has already revealed all fighter’s purses for 7th May.
- David Lemieux $200,000
- Glen Tapia $150,000
- Mauricio Herrera $175,000
- Frankie Gomez $90,000
- Curtis Stevens $65,000
- Patrick Teixeira $50,000
Eddie Hearns recently stated that negotiations for Khan vs Brook fight broke down due to the fact Amir Khan camp were looking for a guaranteed £10 million ($14.5) purse which is way beyond what Eddie Hearns and Matchroom boxing were prepared to offer. So Khan taking such a dangerous Canelo fight with less than half of what he was asking for Brook makes no sense for most part. But it looks like Khan is prepared to get a decent check getting beaten by Canelo and still keep Brook fight alive. So business wise Khan-Canelo is a good move but it might end up in tears if Khan get caught with a big punch putting his career into jeapordy.