On Tuesday, Canelo Alvarez filed a lawsuit against his promoter, Golden Boy Promotions, and his broadcast partner, DAZN, alleging breach of contract and seeking a minimum of $280 million in damages. Two years ago, Alvarez and DAZN agreed to the richest deal in boxing history.

Alvarez and Golden Boy Promotions officially parted ways in November after Alvarez's lawsuit for breach of contract against Golden Boy and streaming service DAZN was settled.

Canelo Alvarez Official result: Canelo Alvarez retains his undisputed super middleweight championship via unanimous decision against Gennadiy Golovkin: 116-112, 115-113 and 115-113. Fair scores. Had it 116-112 with GGG sweeping final four rounds.

The payout for both stands to be massive, with Canelo reportedly set to take home $65 million between guarantees and a pay-per-view bonus - Golovkin isn't too far behind at $43 million. Let Canelo - who has a 57-2-2 record with 39 knockouts - tell it, we care more about the money than he does.

$280 million Canelo sues DAZN, Golden Boy; Did Herring quit? Brian Campbell and Rafe Bartholomew provide instant analysis to the bombshell dropped in California federal court by Canelo Alvarez to the tune of $280 million against DAZN and Golden Boy Promotions for breach of contract.

Oscar De La Hoya Los Angeles-based Golden Boy Promotions was established in 2002 by 10-time world champion in six divisions Oscar De La Hoya, the first Hispanic to own a national boxing promotional company. Golden BoyPromotions is one of boxing's most active and respected promoters, presenting shows in packed venues around the world.

By establishing his own promotional company, Canelo Alvarez secured control over the terms of his bouts. It seems that Canelo Promotions has been active in Mexico throughout the past decade.

Canelo is one of the active fighters with the most fights in his career, having featured in 63 fights so far. His footwork, movement, and powerful punches have given him the win in most of his fights, but he has also tasted defeat: Álvarez has won 59 out of his 63 fights, losing two and drawing another two.

Both men slugged it out, landing as many power punches as they could. The final decision had Canelo winning 115–113 on 2 cards as one judge had it 114–114. Álvarez made good use of his body attacks, landing 46 compared to Golovkin's 6 landed.

Canelo earned $40 million in the first fight against Gennadiy Golovkin and $30 million in the rematch, per Celebrity Net Worth. In the trilogy fight, he earned about $45 million, and his salary has reportedly reached $100 million following PPV sales.

The LA Times reported the fight generated 1.3 million domestic PPV buys.

Oscar De La Hoya Los Angeles-based Golden Boy Promotions was established in 2002 by 10-time world champion in six divisions Oscar De La Hoya, the first Hispanic to own a national boxing promotional company. Golden BoyPromotions is one of boxing's most active and respected promoters, presenting shows in packed venues around the world.