How Much for Canelo vs Crawford: Unraveling the Purse and Payouts
Hello, fight fans! Welcome back to our blog. Today, we're diving into the Canelo vs Crawford mega-fight, set to take place on May 6, 2023. You might be wondering, "How much is the purse for Canelo vs Crawford?" Well, buckle up, because we're going to break down the expected purses, payouts, and everything in between. Let's get started! Guys, explore more in Guides And Explainers and how much is the purse for canelo vs crawford.
The Main Event: Canelo vs Crawford
Canelo Alvarez and Terence Crawford are two of the best pound-for-pound fighters in the world, and their highly anticipated showdown is set to take place at the T-Mobile Arena in Las Vegas. But first, let's talk money!
Canelo's Purse: The A-side
Canelo Alvarez, the current undisputed super-middleweight champion, is the A-side of this fight. He's coming off a historic 2022, where he unified the 168-pound division and knocked out Gennady Golovkin in their trilogy bout. So, how much is Canelo making for this fight?
Well, Canelo's purse is expected to be around $40 million. This includes his base salary, as well as his share of the pay-per-view (PPV) revenue. Canelo has consistently been one of the highest-paid athletes in the world, and this fight is no different.
Crawford's Purse: The B-side
Terence Crawford, the undefeated WBO welterweight champion, is moving up in weight to face Canelo. Crawford is widely regarded as one of the best fighters of his generation, but he's still the B-side in this matchup. So, how much is Crawford making for this fight?
Crawford's purse is expected to be around $20 million. This is a significant payday for Crawford, who has consistently called out Canelo and other top fighters in the sport. Crawford's share of the PPV revenue will also contribute to his total earnings.
The PPV Revenue: The Elephant in the Room
The PPV revenue for Canelo vs Crawford is expected to be massive. With both fighters having huge fanbases and the fight taking place in Las Vegas, the PPV numbers are projected to be through the roof. Here's a rough breakdown of how the PPV revenue will be split:
- Canelo's share: Around 65% - Crawford's share: Around 35%
This means that for every $100 in PPV revenue, Canelo will take home $65, and Crawford will take home $35. Keep in mind that these are just projections, and the actual numbers could vary.
The Other Purses: Undercard and More
While Canelo vs Crawford is the main event, there are several other fights on the card that will also have purses attached. Some of the notable undercard fights include:
- Gervonta Davis vs. Ryan Garcia: Both fighters are expected to make around $10 million each for this highly anticipated lightweight showdown. - Josesito Lopez vs. Abner Mares: Lopez is expected to make around $500,000, while Mares is expected to make around $300,000 for their super lightweight bout.
The Payouts: Taxes and Expenses
Before fighters like Canelo and Crawford can spend their earnings, they have to pay their uncle Sam. Here's a rough breakdown of how much tax they'll have to pay:
- Canelo: Around 37% of his earnings will go towards federal income tax, plus another 13.3% for state income tax (assuming he lives in California). That's a total of around 50% in taxes. - Crawford: Assuming he lives in Nebraska, which has no state income tax, Crawford will only have to pay around 37% in federal income tax.
After taxes, fighters also have to pay their team and expenses. This includes their trainers, managers, lawyers, accountants, and more. The exact percentage varies, but it's not uncommon for fighters to pay around 30% of their earnings to their team.
Conclusion: The Money is in the Fight
So, how much is the purse for Canelo vs Crawford? Well, the A-side (Canelo) is expected to make around $40 million, while the B-side (Crawford) is expected to make around $20 million. The PPV revenue is projected to be massive, with both fighters taking home a significant share.
But remember, folks, it's not just about the money. It's about the legacy. Canelo vs Crawford is a fight that could solidify either fighter's status as the best pound-for-pound fighter in the world. So, buckle up, because this fight is going to be a barnburner!
Thanks for joining us, fight fans. Stay tuned for more updates on Canelo vs Crawford and all things boxing. Until next time, this is [Your Name] signing off!