“The surprise of the century!” Canelo Álvarez collapses after losing 600 million dollars in a surprising defeat against Terence Crawford!
April 15, 2025 – The boxing world is in shock after the unexpected outcome of the fight of the century between Saúl “Canelo” Álvarez and Terence Crawford, which took place last night in the Allegiant Stadium of Las Vegas, Nevada. Canelo, the undisputed king of the Supermedians, suffered a devastating defeat by technical knockout (TKO) in the tenth assault against Crawford, a fighter who rose from the welter weight to face him. But beyond the loss of combat, Canelo now faces a massive financial crisis: an estimated loss of more than 600 million dollars due to bets, sponsorships and contracts affected by this result.
The fight that changed everything
Canelo Álvarez (60-3-2, 39 kos), who had dominated the division of the supermedians for years, was the absolute favorite to beat Terence Crawford (41-0, 31 kos), known for its speed and surgical precision in the lighter categories. However, Crawford, nicknamed “Bud”, showed why he is considered one of the best pound for the world. From the first assault, Crawford used its speed and evasive movements to frustrate Canelo, connecting fast combinations and dodging the powerful blows of the Mexican.
The turning point came in the tenth assault, when Crawford connected a left hook to Canelo’s liver, followed by a devastating uppercut that sent him to the canvas. Although Canelo got up, the referee stopped the fight to see that he could not defend himself properly. The multitude of 65,000 spectators at Allegiant Stadium was silent, while Crawford celebrated his historical victory.
Crawford, visibly excited, told ESPN after the fight: “I knew I could do it. Canelo is a big one, but I am a different fighter. I went on weight to show that I am the best in the world, and I succeeded!”
A monumental financial loss
Canelo’s defeat not only marked the end of his reign in the Supermedians, but also triggered an unprecedented financial collapse. According to Forbes, Canelo had invested more than 300 million dollars in personal and promotional bets for this fight, confident in his victory. In addition, sponsors such as Under Armor and Tecate, who had signed billionaire contracts with him, have initiated negotiations to retire after this defeat, which represents an additional loss of 200 million dollars.
To this is added the impact on its promoter, Canelo Promotions, which had secured exclusive transmission agreements with Dazn for 100 million dollars, now at risk due to the fall of its image. In total, analysts estimate that Canelo’s financial loss exceeds 600 million dollars, a devastating blow to the Mexican boxer who was once considered one of the best paid athletes in the world.
Canelo’s emotional collapse
After combat, Canelo was seen abandoning the ring with tears in his eyes, a rare moment for a man known for his stoicism. In a later press conference, visibly affected, Canelo admitted: “I did not expect this. Crawford was better tonight, and I accept it. But it hurts, not only in the ring, but in everything I have built.”
Sources close to the Canelo team revealed to TMZ that the boxer collapsed emotionally in the locker room, unable to process the magnitude of the defeat and its consequences. His coach, Eddy Reynoso, tried to comfort him, but Canelo, according to witnesses, was “devastated” and could barely speak.
Reactions and the future of Canelo
Canelo’s defeat has generated a whirlwind of social networks reactions. In X, fans expressed disbelief: “I never thought I would see Canelo fall like this. Crawford is a monster,” a user wrote. Another commented: “Canelo gave everything, but the money he lost … That is what really hurts.”
For its part, Terence Crawford is now positioned as the new Libra Boxing King by Libra, and there is already talk of possible clashes with other legends such as Errol Spence Jr. or even a return to the Welter weight to unify more titles. Meanwhile, Canelo’s future is uncertain. At 34, some experts believe that this defeat could mark the beginning of the decline of his career, while others trust that the Mexican will return stronger than ever.
The collapse of Canelo Álvarez, both in the ring and outside it, has shaken the world of boxing. The question now is: Can the Mexican “king” get up from this historical fall, or will this be the end of an era? Only time will say it.
