Boxing

Canelo Alvarez ranks 5th on Forbes’ list of highest paid athletes in 2023


Canelo may be on the decline as a boxer but he clearly retains his earning potential.

The Mexican star ranks 5th on Forbes’ list of highest paid athletes of 2023, with earnings of $110 million from May 1, 2022 to the same date this year.

All but $10 million of that number was generated in battle wallets. Alvarez played against Dmitry Bivol on 7 May last year and Gennadiy Golvokin on 17 September last year.

Alvarez ranked 8th on last year’s list with $90 million.

No other boxer made the Top 10 this year.

The Top 10 list is as follows:

  1. Cristiano Ronaldo (soccer), $136 million
  2. Lionel Messi (soccer), $130 million
  3. Kylian Mbappe (soccer), $120 million
  4. LeBron James (basketball), $119.5 million
  5. Canelo Alvarez (boxing), $110 million
  6. Dustin Johnson (golf), $107 million
  7. Phil Mickelson (golf), $106 million
  8. Stephen Curry (basketball), $100.4 million
  9. Roger Federer (tennis), $95.1 million
  10. Kevin Durant (basketball), $89.1 million

Alvarez (58-2-2, 39 KOs) is expected to defend his undisputed 168-pound weight championship against John Ryder (32-5, 18 KOs) in a pay-by match views on Saturday near Alvarez’s hometown of Guadalajara.

He lost to Bivol by a unanimous decision but returned to overtake Golovkin in their third battle.

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