“The upset of the century!” Canelo Álvarez collapses after losing $600 million in a stunning defeat to Terence Crawford!

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 at Allegiant Stadium in Las Vegas, Nevada. Canelo, the undisputed king of the super middleweight division, suffered a devastating tenth-round TKO loss against Crawford, a fighter who moved up from welterweight to face him. But beyond the fight loss, Canelo now faces a massive financial crisis: an estimated loss of over $600 million due to betting, endorsements, and contracts affected by this outcome.

Canelo Álvarez (60-3-2, 39 KOs), who had dominated the super middleweight division for years, was the overwhelming favorite to defeat Terence Crawford (41-0, 31 KOs), known for his speed and surgical precision in the lighter weight classes. However, Crawford, nicknamed “Bud,” showed why he is considered one of the best pound-for-pound fighters in the world. From the first round, Crawford used his speed and evasive movements to frustrate Canelo, landing quick combinations and dodging the Mexican’s powerful punches.

The turning point came in the tenth round, when Crawford landed 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 because he couldn’t defend himself properly. The crowd of 65,000 at Allegiant Stadium was silent, while Crawford celebrated his historic victory.

A visibly emotional Crawford told ESPN after the fight: “I knew I could do it. Canelo is big, but I’m a different fighter. I went to prove I’m the best in the world, and I did it!”

Canelo’s defeat not only marked the end of his reign in the super middleweight division, but also triggered an unprecedented financial collapse. According to Forbes, Canelo had invested more than $300 million in personal and promotional bets on this fight, confident of his victory. Furthermore, sponsors such as Under Armour and Tecate, who had signed multimillion-dollar contracts with him, have begun negotiations to withdraw after this defeat, representing an additional loss of $200 million.

Added to this is the impact on his promoter, Canelo Promotions, who had secured exclusive broadcast deals with DAZN worth $100 million, now at risk due to his declining reputation. In total, analysts estimate Canelo’s financial loss exceeds $600 million, a devastating blow to the Mexican boxer who was once considered one of the highest-paid athletes in the world.

After the fight, Canelo was seen leaving the ring with tears in his eyes, a rare moment for a man known for his stoicism. At a press conference afterward, visibly shaken, Canelo admitted, “I didn’t expect this. Crawford was better tonight, and I accept that. But it hurts, not just in the ring, but in everything I’ve built.”

Sources close to Canelo’s team revealed to TMZ that the boxer broke down emotionally in the locker room, unable to process the magnitude of the defeat and its consequences. His trainer, Eddy Reynoso, tried to console him, but Canelo, according to witnesses, was “devastated” and could barely speak.

Canelo’s loss has sparked a flurry of social media reactions. On X, fans expressed their disbelief: “I never thought I’d see Canelo go down like that. Crawford is a monster,” one user wrote. Another commented: “Canelo gave it his all, but the money he lost… that’s what really hurts.”

For his part, Terence Crawford is now positioning himself as the new Pound-for-Pound King of Boxing, and there’s already talk of potential clashes with other legends like Errol Spence Jr. or even a return to welterweight to unify more titles. Meanwhile, Canelo’s future is uncertain. At 34, some experts believe this defeat could mark the beginning of the decline of his career, while others are confident the Mexican will return stronger than ever.

Canelo Álvarez’s collapse, both in the ring and outside of it, has shaken the boxing world. The question now is: can the Mexican “king” rise from this historic fall, or will this be the end of an era? Only time will tell.