Floyd Mayweather will set new earnings record in fight with Canelo Alvarez

One of the greatest boxers of all-time will make the single largest purse of all-time when he sets foot in the ring on September 14th.

According to a published report from ESPN, Floyd Mayweather is set to earn a record $41.5 million for his scheduled fight against Canelo Alvarez, and for good measure, he’s breaking his own record in the process. The previous benchmark for record purses was Mayweather’s $32 million that was earned against Miguel Cotto, but this mark obviously takes that record and puts it to shame.

Mayweather’s promoter, Golden Boy Promotions representative Richard Schaefer, was quoted as saying this about Floyd:

"“This record purse shows you three things. No. 1, it shows you how big Floyd Mayweather is, which we all knew. But it shows you that he is not just breaking records, he [is] breaking them by far. And third, it just shows you [how] big this fight with Canelo is. It’s insane.”"

With whatever you think about the fight promotion business (it’s a circus), that analysis is pretty much spot-on. Mayweather is the singular big-money draw in boxing at this point, and he’s almost single-handedly carrying the industry. His pursuit of an undefeated career record is extremely noteworthy, but his flashy personality makes for an even bigger story. It’ll be incredibly intriguing to see what happens inside the ropes in a couple of weeks, but we already know where the money is.