The Mexican boxer Saúl 'Canelo' Álvarez went from being one of the highest paid athletes in the world, in 2019, to the one who suffered the most losses due to the pandemic, after reducing his earnings by 57 million dollars in 2020, according to a report in the magazine Forbes.
The magazine specialized in economic issues, published the list of the highest paid athletes with the greatest losses in 2020 affected by the COVID-19 pandemic, where 'Canelo' appears as the most affected, since he could only appear in one fight, last December. Not the best news for the Mexican boxer.
In second place appears the golfer Phil Mickelson, who in 2019 generated earnings of 12.4 million dollars, then fell to 800 thousand dollars in 2020. In NBA basketball, Chris Paul, guard of the Phoenix Suns, stopped winning $ 6.8 million, going from $ 35.8 to $ 29 million between 2019 and 2020.
'Canelo' reported earnings of $ 92 million in 2019, but when he canceled his millionaire contract with DAZN, which was not getting him the fights he needed, he received "only" $ 35 million, a loss of 57 million. After his low harvest in 2020, ‘Canelo’ Álvarez is on his way to regain the throne and his juicy profits.
He already had his first fight of the four that he is expected to have in 2021, in which he will seek to be the first undisputed Mexican champion. His second fight this year will be on May 8 against Billy Joe Saunders. Canelo is expected to overcome criticism for his victory over Avni Yildirim, questioned by the low level of the rival.
Despite his disastrous fall, he was still the Mexican athlete with the highest earnings in the period. He continued to top the list above other men such as Raúl Jiménez, who earned $ 8.3 million; Javier Hernández with USD 7.2 million; Carlos Vela, who accumulated USD 6.5 million and Hirving Lozano, who did the same with USD 5.3 million.