Saul ‘Canelo’ Alvarez signs ‘most lucrative’ deal with sports service DAZN

Alvarez (left) will take on Liverpool’s Rocky Fielding in New York on 15 December

Saul ‘Canelo’ Alvarez says he has signed a “historic” contract after agreeing a £278m ($365m) deal with streaming service DAZN.

The Mexican, who holds the WBA and WBC world middleweight titles, has signed a five-year, 11-fight deal that could be the most lucrative in sports history.

The 28-year-old said he was “humbled” to be selected for the contract.

Alvarez’s first bout of the deal sees him step up to super-middleweight to face Rocky Fielding on 15 December.

“Being part of this historic deal will require me to prepare myself even more and offer fans even better performances,” added Alvarez, who joined Britain’s Fielding in New York on Wednesday to promote their fight at Madison Square Garden.

“At the same time, I am humbled to be selected to lead this new vision for the sport of boxing, which will without a doubt be for the benefit of the fans.”

Alvarez’s new contract is being described as the biggest in sports history by ESPN.