DAZN, the sports streaming service that launched last month in the U.S., has announced a five-year deal with boxing superstar Canelo Alvarez. The arrangement includes 11 fights annually.
According to DAZN, the deal, valued at a minimum of $365 million, is the “richest sports contract in history.” Historically, the biggest sports contracts have all been in baseball, including Giancarlo Stanton’s $325 million, 13-year deal with the Miami Marlins and Alex Rodriguez’s $275 million, 10-year deal with the New York Yankees.
Alvarez’s DAZN debut is slated for Saturday, Dec. 15, when he’s set to challenge Rocky Fielding at Madison Square Garden for Fielding’s WBA Super Middleweight World Title.