As he looks to cement his place as the top draw in boxing, Canelo Alvarez will defend his middleweight title on Saturday in one of the biggest fights of 2016. He’ll take on Amir Khan at T-Mobile Arena in Las Vegas just one month after the opening of the venue.
The new arena holds 20,000 fans for boxing events, and if any active fighter can fill the venue, it's probably Alvarez. Floyd Mayweather and Manny Pacquiao had been the most popular fighters in the sport, but if they stick to their respective retirements, Alvarez appears to be boxing's No.1 draw.
With less than a week to go before the fight, tickets are available at axs.com. The cheapest seats, which cost $150, are sold out. But seats can still be purchased for as low as $250, while the best tickets cost $1,500. Other tickets cost $400, $600, $800, $1,000 and $1,200.
The Mexican fighter is looking to take over Cinco de Mayo weekend, which had previously been dominated by Mayweather. Last year, Mayweather and Pacquiao squared off in Las Vegas on the Saturday before Cinco de Mayo, generating close to $600 million for the most profitable fight in history. Only 500 tickets were sold to the public, and prices ranged from $1,500 to $10,000.
A week after Mayweather defeated Pacquiao, Alvarez knocked out James Kirkland at Minute Maid Park in Houston in front of 31,588 fans. Six months later, Alvarez and Miguel Cotto sold out Mandalay Bay Events Center as Alvarez became the WBC middleweight champion by unanimous decision. That fight generated 900,000 pay-per-view buys, making it the second-biggest fight of 2015.
— GoldenBoyPromotions (@GoldenBoyBoxing) May 2, 2016
Alvarez was part of the second-most profitable PPV. His fight against Mayweather in Sept. 2013 generated 2.2 million PPV buys and $150 million in revenue. The average ticket price for the bout was over $2,000.
Alvarez lost by majority decision, but he’s won his last four bouts.
After unsuccessful attempts to face Mayweather or Pacquiao, Khan has finally landed the big fight that has eluded him since his 2005 debut. Khan has a sizeable following from his native Great Britain, and he’s won five fights in a row after consecutive defeats to Lamont Peterson and Danny Garcia. A large number of British fans are expected to turn out to support Khan this weekend, though Alvarez should have more supporters in attendance.
A win for Alvarez could set up a future mega-fight against Gennady Golovkin, who is perhaps boxing's best pound-for-pound fighter. Golovkin recently won his 22nd straight fight by knockout.