The big news on Wednesday was sports streaming service DAZN announcing a five-year, 11-fight deal worth at least $365 million with middleweight boxing champion Canelo Alvarez (50-1-2, 34 KOs), bringing the Mexican superstar off of pay-per-view and onto a monthly subscription platform that is available in the United States, Canada, Japan, Switzerland, Austria, Germany, and Italy. According to Ring Magazine, this is actually a 10-fight arrangement for $350 million, which mathematically suggests that the “one-off” December 15th bout vs. Rocky Fielding is a $15 million guarantee. Everything else averages out to $35 million, with potential for more money based on meeting subscriber goals set by DAZN.
Boxing’s pay-per-view model has changed drastically, will UFC eventually follow suit?
