Canelo vs Crawford: What You Need to Know Before Tonight’s Blockbuster Fight

What & When & Where

• Fight: Canelo Álvarez (undisputed super-middleweight champion) vs Terence “Bud” Crawford
• Date: Tonight, September 13, 2025  
• Time: Main card at 9:00 PM ET; prelims beginning at about 5:30 PM ET  
• Location: Allegiant Stadium, Las Vegas, Nevada  
• Streaming: Globally on Netflix — part of the fight is included with the subscription; no extra pay-per-view cost for Netflix members.  

• Canelo is defending his undisputed super-middleweight championship — that means his WBA, WBC, IBF, WBO, and The Ring titles are all on the line.  
• Crawford is moving up two weight divisions from his most recent fights to challenge for all of those belts.  

Money / Purses / Bonuses

• Expected payout for Canelo is somewhere between $100 million to $150 million for this fight.  
• Crawford’s guaranteed purse is reported to be around $10 million.  
• Beyond the guaranteed purses, there are special bonuses:
  
  • The winner will receive a custom championship belt from Ring Magazine valued at nearly $200,000.  
  • Undercard fighters have incentive bonuses being offered: $100,000 each for “Performance of the Night” and “Fight of the Night” done by Dana White and funded by Turki Al-Sheikh.  

Undercard Highlights

Some key undercard matchups to watch:

• Callum Walsh vs Fernando Vargas Jr  
• Christian Mbilli vs Lester Martinez  
• Mohammed Alakel vs John Ornelas  

Expect these fights to be intense, especially with those bonus incentives — every undercard fighter has more at stake than usual. 

Why This Fight Matters

• This isn’t just another title fight — it’s being promoted as a “once in a generation” clash: two of the best, undefeated vs champion. Legacy is on the line.  
• Also, Netflix streaming changes the game: no extra cost means more viewers can tune in, and this might alter how big fights are delivered in the future.  
• Since regulations requiring payout disclosures have changed, some of the money details (e.g. exact gate revenue, bonuses, shares of streaming or other income) may never be fully public.