Terence Crawford has defeated Canelo Álvarez in front of a record-breaking crowd at Allegiant Stadium in Las Vegas. The clash between the two champions was considered by fans as one of the sport's most significant matchups in recent times.
Crawford is from Omaha, Nebraska. He moved up two weight classes to challenge Canelo Álvarez, the super middleweight champion from Mexico. With this win, Terence Crawford has become the first male fighter to hold titles in three different weight divisions.
The fight also spotlighted the financial records of the two boxers. According to Celebrity Net Worth, Alvarez entered the fight with a net worth of around $300 million. On the other hand, Crawford's net worth stood at an estimated $30 million. The difference in numbers is notable.
Net worth of Terence Crawford and Canelo Alvarez in 2025
Canelo Alvarez
Saul "Canelo" Alvarez turned professional at the age of 15. Within a few years, he captured titles in the light middleweight division. He eventually climbed divisions and won championships in four weight classes: light middleweight, middleweight, super middleweight, and light heavyweight.
He signed an 11-fight, $365 million contract with DAZN in 2018. It was then the largest deal in sports history. However, that partnership ended in dispute. Canelo later sued DAZN and Golden Boy Promotions for breach of contract.
Alvarez' career earnings are reported to exceed $600 million before taxes. The 2025 fight reportedly guaranteed him at least $100 million. Moreover, in Mexico, he owns Canelo Energy, a chain of gas stations, and has more than 20 Upper convenience stores.
Alvarez has also launched a clothing line, a fitness app, and two beverage brands: VMC and Yaoca. Notably, Canelo's long-term deal with Anheuser-Busch is reported to be worth $2 million annually.
Terence Crawford
Terence "Bud" Crawford turned professional in 2008 after an amateur run. Six years later, he captured the WBO lightweight title against Ricky Burns in Scotland.
He eventually became the undisputed champion at 140 pounds in 2017 and repeated the feat at 147 pounds in 2023 after defeating Errol Spence Jr. That victory earned him around $25 million. It was reportedly his highest career payday before Alvarez.
Notably, Terence Crawford's net worth of $30 million is significantly lower than Canelo's. It might imply that Terence has not seen many lucrative sports contracts. However, his purses grew from $1.2 million against Hank Lundy in 2016 to $6 million against Shawn Porter in 2021. Notably, he never secured the blockbuster deals that Alvarez enjoyed.
For the 2025 showdown, Terence Crawford was guaranteed $10 million before PPV bonuses. This figure is likely to rise due to the gate of $47.23 million and high streaming numbers on Netflix.
According to Wrestling World, Terence Crawford mentioned in an official statement after the win:
"I told y'all, I am not here by a coincidence, God blessed me. It's not my fault, it's God's. Canelo is a great champion. I have got to take my hat off to him. He is a strong competitor."
He also added:
"I am a big fan of Canelo, and he fought like a champion today. I just like to say, thank you, thank you to all the supporters. Thank you to all the haters. We made this a great event. Shout out to everyone that came to support Canelo."
Congratulations, Terence Crawford!
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