IMAGO / Torsten Helmke

Turki Alalshikh Raises Stake For Canelo vs Crawford Putting Lavish Belt On The Line

Originally posted on KO on SI | By Apratim Banerjee | Last updated Jun 20, 2025 7:10 PM ET

Canelo Alvarez vs Terence Crawford has the promise to be one of the biggest fights of this century. It's a showdown between two top pound-for-pound superstars in boxing.

They both have a long list of accolades. Canelo is a four weight world champion and a two-time undisputed super middleweight king. Crawford has also won world titles in four different weight divisions and became the undisputed champion in two. With a win against Canelo, he can become the first male boxer to become undisputed in three weight divisions.

The stakes are high for the fight, and Turki Alalshikh has now upped it further. He announced that there will be a knockout bonus on the line, although he didn't disclose the amount. He has introduced a custom-made belt worth $188,000 which the winner will take home. The current Ring Magazine super middleweight title, held by Canelo, is worth approximately $134,400. The belt for the Canelo vs Crawford fight is worth even more.

The official belt reveal for #CaneloCrawford
--
Canelo vs. Crawford
Saturday, September 13
LIVE on Netflix pic.twitter.com/UkNUe48ymL
— Netflix (@netflix) June 20, 2025

The new belt is manufactured by a British company with special gold. Speaking on the belt, a representative said:

For a mega fight of this magnitude, we wanted to create an exclusive mega belt. So we spoke to numerous companies all over the world and eventually settled on a top-tier company from the UK. This company often gets commissioned to create items for kings, for queens, jewelry, high end medals for the British army.

He added:

This is by far the most expensive ring magazine belt ever created. The finest gold, the finest craftsmanship. Canelo Alvarez and Terence 'Bud' Crawford are the two very best fighters of this era but there can only be one. And only one of them is going home with this belt Saturday night, September 13th in Las Vegas.

Canelo Alvarez vs Terence Crawford will have a record-breaking £140,000 ($188,000) Ring Magazine belt on the line #CaneloCrawford live on Netflix l Sept 13th in Las Vegas pic.twitter.com/4hjMFvrtk6
— Ring Magazine (@ringmagazine) June 20, 2025