BoxRec

Song: The Black Eyed Peas, J Balvin - RITMO (Bad Boys For Life)

Canelo is living that sweet-good life. He is making huge money. He was marketed very well to the public.

If he’s spent that on a boat, add him to the list of fighters going broke in the future

Nightmare Roy wrote: ↑06 Jan 2020, 05:20 If he’s spent that on a boat, add him to the list of fighters going broke in the future

Canelo’s is an incredibly wealthy man, with his future long long-term income seemingly assured by his $365m contract with DAZN (guaranteeing him in the region of $35m per bout).

Also, luxury yachts don’t depreciate very much. Some of them (of course not all) can retain their resale value by as much as 80% after four to five years ownership.

We also don’t know how much Canelo actually paid for his new yacht or whether some of the cost of this new acquisition was off-set by him agreeing to advertise the company that sold/manufactured it, since a lot of celebrities receive freebies or heavily-discounted products in exchange for them providing services.

Hard to hide it.

Nightmare Roy wrote: ↑06 Jan 2020, 05:20 If he’s spent that on a boat, add him to the list of fighters going broke in the future

That boat must cost a fortune to maintain, etc but Canelo is a very wealthy fighter. Also there is a possibility that he was lease it.

Enlightened-One wrote: ↑06 Jan 2020, 05:36

Nightmare Roy wrote: ↑06 Jan 2020, 05:20 If he’s spent that on a boat, add him to the list of fighters going broke in the future

Canelo’s is an incredibly wealthy man, with his future long long-term income seemingly assured by his $365m contract with DAZN (guaranteeing him in the region of $35m per bout).

Also, luxury yachts don’t depreciate very much. Some of them (of course not all) can retain their resale value by as much as 80% after four to five years ownership.

We also don’t know how much Canelo actually paid for his new yacht or whether some of the cost of this new acquisition was off-set by him agreeing to advertise the company that sold/manufactured it, since a lot of celebrities receive freebies or heavily-discounted products in exchange for them providing services.

Indeed. Canelo was a wealthy fighter even before to sign DAZN.

It could be a possibility.

It costs a lot to crew, fuel and maintain a yacht, they are toys for billionaires really.

Sports Yacht "Black Legend" model was launched in 2014.

Nightmare Roy wrote: ↑06 Jan 2020, 06:03 It costs a lot to crew, fuel and maintain a yacht, they are toys for billionaires really.

Yup but I guess it's a lot of fun to party like a rockstar and go to paradise places aboard a yacht.

It's a hugely impressive yacht. I wish I was wealthy enough to own one.

I imagine if Mr T had a yacht, it would have to look like this

What impress me most is fact that Canelo is still 100% dedicated to boxing despite how rich he is. Reminds me of Floyd Mayweather with this. Imagine if someone like Adrien Broner has that amount of money, he will end up being dead probably

Cent0089 wrote: ↑06 Jan 2020, 08:09 What impress me most is fact that Canelo is still 100% dedicated to boxing despite how rich he is. Reminds me of Floyd Mayweather with this. Imagine if someone like Adrien Broner has that amount of money, he will end up being dead probably

Yes agreed, imagine Ruiz junior

Cent0089 wrote: ↑06 Jan 2020, 08:09 What impress me most is fact that Canelo is still 100% dedicated to boxing despite how rich he is. Reminds me of Floyd Mayweather with this. Imagine if someone like Adrien Broner has that amount of money, he will end up being dead probably

Canelo has a good work ethic and he's all about hard work and dedication. He's not fooling around 'playing' boxing.

Good for him I reckon.

I can't imagine how stupid rich I'd need to be before I even thought about buying a Yacht, but if he can afford it and it makes him happy I say live it up.

I've been 'yachting' a few times and it was boring as hell tbh

Are we supposed to care?