CANELO ALVAREZ was once considering quitting boxing because he couldn't afford a car with his PS35 fight purses... Now he is the sport’s richest star.
Although he was just 15, the Mexican ring legend became a professional at age 15. However, he was only making modest incomes at the beginning of his career.
Canelo alvarez thought about quitting boxing because he couldn't afford a car.
The Mexican once made just $35 per fight
Canelo Alvarez made his pro debut aged 15
Canelo, now almost twenty years later, is still the most prized boxer and biggest box office attraction.
As a nine-year old, the current champion of super-middleweight began his journey on Juanacatlan streets.
Canelo, inspired by Rigoberto, would put on the gloves and take on all challengers.
He said in a DAZN documentary: "I started boxing due to my oldest brother. His professional debut was the first time I saw him.
It's almost like my eyes have become gloved-shaped hearts since then. "I said that I wanted to become a boxer.
"Since then I couldn't get this out of my head. After he had moved to Tijuana for two years, I asked him, "Please take me with your." I would like to be a boxer just like you.
"But my father wouldn't allow me to go."
Canelo was the youngest brother of seven, with three other brothers also fighting. He finally got the green light at 13 to pursue his boxing dreams.
PADDY POWER BETTING OFFER - GET PS50 BACK AS CASHIt led him to Chepo's gym. The trainer ran it with his son Eddy. Canelo is still being coached by the pair.
Canelo won 46 amateur bouts and lost only twice. He also won national titles. Canelo impressed against sparring veterans.
Brother Gonzalo stated that he loved watching him train with "Chatiti", the world champion, when he was only 15.
"He would stand firm and the world champion could not dominate."
After only two years of experience, Canelo became a professional in 2005 and fought for very little pay throughout Mexico.
It was so hard work that the future fighter icon was ready to retire prematurely to make money in a more normal way.
Gonzalo stated that there was a time when he considered quitting boxing. He was reminded of the fact that they paid him very little when he began.
Canelo Alvarez was a national amateur champion
Canelo Alvarez started boxing at 13
Eddy Reynoso and Canelo Avarez
"Sometimes they would pay him $40, and the rest in tickets to him to sell.
"If he sold them, he would make some money. If not, that was his problem.
"He wanted to purchase a car, so he would say, "I'm going looking for a job." He was losing patience.
"So, I said to him, "Brother," that you are a Mexican redhead who is very skilled at what you do. You will be a world champion, and I am certain you will make history. '"
At 17 Canelo was a father to his oldest daughter Emily.
He stated that there were many difficult moments when I couldn’t afford milk, diapers or bus fare to train.
"But one way or the other, I would figure out how to move forward and push ahead."
Canelo Alvarez turned pro in 2005
Canelo Alvarez and his eldest child Emily
Canelo now has three daughters, and one son. He credits his father Santos for his inspiration and success.
In the beginning of his career, however, he was motivated by his first child.
Canelo stated, "At home I would think, "I don't want that for my daughter. I want something better."
"So I set out to give my best to my daughter."
Canelo was a household name in his homeland, winning 21 races before making his Stateside debut with the Stateside in 2008.
He became the world champion in 2011, after only 37 fights, when he defeated Ricky Hatton and Matthew for the light-middleweight title.
A total of 1.4MILLION people watched the show and a star was created overnight.
Canelo Alvarez and Maria Fernanda
Canelo and his daughter, Canelo Alvarez
Canelo has inherited the pound for pound crown that Floyd Mayweather lost in 2013, which he won by beating the Mexican.
The 32-year old has been awarded belts up to light heavyweight and is now the highest-paid fighter in the sport.
Forbes reports that Canelo earned around PS74m in 2021 for his wins over Billy Joe Saunders (33), and Caleb Plant (30).
He makes less than PS5m from sponsorships, while he previously claimed that he earned PS1.1m per month through his real estate investments.
Canelo, a man who could not afford a car is now spoiled for choice.
His collection includes a Bugatti Chiron worth PS2.8m, a PS1m LaFerrari, and a PS520,000 Lamborghini Aventador SVJ.
The bulk of Canelo’s wealth came from his fights with Gennady Gorlovkin (40), which each sold more than 1m pay-per view.
According to some reports, he earned PS24 for 2017 and then about PS43m for the rematch that he won one year later.
Supercars are a part of the super-rich boxer's fleet
Canelo Alvarez and his white Ferrari
Canelo Alvarez poses by a Lamborghini
They will complete their trio in Las Vegas this weekend, which will boost Canelo’s net worth.
The fight is more than a number on a check, and Canelo cannot afford to lose.
He stated that he thought they had two really great fights. People want to see all three fights.
"For me, the end of the second bout was the end of all the fights against Golovkin. It's enough.
"But people want to know who the best is. He says that I am not a good champion and I'm embarrassing my country. But when he's in front of me, he doesn’t say anything.
"That's why i'm mad. He is a strong, tough, and good fighter. He is one of the most important fighters of all time. They are great for fighting.
"I believe I am more mature, stronger, have more experience, and that I'm in my prime. This is what will make the difference.
"I believe it will be a great fight, but my goal to end the fight before the 12th round is.
"Nobody likes losing, but losing is not an option."
Gennady Golovkin and Canelo Alvarez drew in 2017
Gennady and Gennady Golovkin were defeated by Canelo Alvarez in their 2018 rematch
Canelo and Gennady Alvarez ahead of their Trilogy
