In an unexpected turn that has captured the attention of the world, the Mexican boxing icon Saúl “Canelo” Álvarez has rejected an offer of 10 million dollars of the technological tycoon Elon Musk. According to reports, the undisputed supermedian champion declined the proposal with a blunt message: “Stay with money and gasta it in something that really helps people!” The news, which was quickly spread after the Las Vegas Grand Prix on April 12, 2025, has generated a whirlwind of reactions between fans and international media.
The context of Musk’s offer is not entirely clear, but sources close to Canelo’s environment indicate that it was related to a high profile project that sought to link the boxer with an advertising campaign for one of the businesses of the billionaire, possibly Tesla or Spacex. During the weekend of the Grand Prix, where Canelo was seen wearing a Czech Pérez cap and congratulating Max Verstappen for his victory, Musk would have taken the opportunity to present the proposal personally. However, Álvarez, known both for his skill in the ring and for his firm character, did not hesitate to reject it, prioritizing its principles on financial attractiveness.
“I don’t need that money. I prefer to be used for causes that make a real difference,” Canelo would have said, according to witnesses in the event. This response resonates with the trajectory of the pugilist, who has allocated millions of his profits to beneficial works in Mexico, including children’s hospitals and educational programs in his native Jalisco. With a fortune estimated at 275 million dollars, the result of its 61 victories (39 per knockout) and advertising contracts with global brands, Canelo has repeatedly demonstrated that money is not its only motivation.
Álvarez’s decision arrives at a peak of his career. After his recent defeat by knockout against Terence Crawford in an epic fight that lasted 25 minutes, the Mexican has faced criticism and rumors about his future in boxing. Some speculate that Musk’s offer could have been an attempt to involve Canelo in a new media project to divert the attention of that defeat. However, Álvarez’s rejection suggests that he is more focused on recovering his crown than in adventures out of sport.
In social networks, Canelo’s gesture has been applauded by thousands of followers, who see it as an example of integrity. “That is being a real champion. Great, Canelo!”, An user wrote in X. Others highlighted his humility, comparing it with figures such as Rafael Nadal, who was also linked to similar rumors about an offer of Musk without official confirmation. For its part, Musk has not publicly commented on rejection, although his history of extravagant proposals, such as draws of one million dollars in Wisconsin, suggests that he will not stop before this setback.
The impact of this decision transcends the sports field. In a world where millionaire figures usually issue decisions, Canelo has sent a clear message about their priorities. While preparing for his next fight, possibly a rematch with Crawford or a confrontation with David Benavidez, Álvarez remains a figure that inspires both inside and outside the quadrilateral. For now, its legacy grows not only for its fists, but for its ability to say “no” to millions in the name of a greater purpose.
