Canelo signs 11-fight, $365M deal with DAZN

Canelo Alvarez signs five-year, 11-fight deal with DAZN worth £278m

Unified middleweight world champion Canelo Alvarez and the streaming service DAZN have agreed to a five-year, 11-fight deal that will pay the boxer at least $365 million - the highest-paying athlete contract in history.

It is the biggest contract in sports history, surpassing the $325m 13-year contract extension signed by baseball star Giancarlo Stanton at the Miami Marlins in 2014.

Alvarez (50-1-2, 34 KOs) is coming off a victory over Gennady Golovkin in a middleweight showdown in September. He will meet secondary world champ Rocky Fielding on December 15 at Madison Square Garden in NY.

It makes the middleweight world champion the highest paid sportsperson in the world, according to his promoter Oscar De La Hoya.

"This is only from my hard work", said Alvarez, speaking to ESPN after signing the contract. "By bringing Canelo's fights to DAZN, we will turn his pay-per-view success into a growth engine for subscribers - a truly transformational moment for our business and the entire industry".

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Now fans can pay a $9.99 subscription cost per month in the U.S.to see his fights on DAZN (pronounced Da-Zone).

'Being part of this historic deal will require me to prepare myself even more and offer fans even better performances.

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"It's very important for me to give the fans the biggest fights and the most important fights, and I promise you I will always do that". The December fight with Fielding is a risky fight. HBO recently announced they were getting out of the fight game after 45 years at the end of the year.

It has already signed another top flight boxer when it inked a deal with Anthony Joshua, who holds the IBF, WBA and WBO heavyweight belts. Joshua fought on the platform's debut card following its US launch when he defended his trio of world titles by stopping Alexander Povetkin in London on September 22.

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