Categorized | Sports

Floyd Mayweather Reportedly Guaranteed Record $41.5M For Canelo Alvarez Bout

The sum of money Floyd Mayweather, Jr. is making for merely appearing in the ring reportedly reached a new record high, according to news that broke Wednesday.

According to Leonard Ellerbe, CEO of Mayweather Promotions, and Golden Boy Promotions head Richard Schaefer, Mayweather will receive a $41.5 million guarantee for his impending Sept. 14 fight against Canelo Alvarez.

Mayweather has shattered his own record in guarantees for this latest bout, which will be held at Las Vegas’ MGM Grand Hotel and Casino. In each of his previous two showdowns against Miguel Cotto and most recently Robert Guerrero, Mayweather received a guaranteed $32 million, according to Forbes’ Kurt Badenhausen.

The 36-year-old boasts a perfect 44-0 record in his illustrious pro career, but faces a formidable foe in Alvarez who himself has never lost as a professional, with a 42-0-1 record.

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