In 1993, Wu-Tang Clan used the backronym C.R.E.A.M. (Cash Rules Everything Around Me) to discover the concept that we are all slaves to the greenback and that money is king. Throughout the tune, numerous members of the group took it in turns to rap about promoting medicine or sticking up white boys on ball courts, anything to get by. It was, for all its swaggering power, a cautionary story; nearer to a lamentation than a celebration.
In boxing, the same backronym is relevant. It can be utilized not only in its authentic kind, but will make just as much sense if you substitute the phrase “Cash” with “Canelo.” After all, in boxing, Saul “Canelo” Alvarez guidelines everything around us. He has for some time.
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For proof of this, take into account how the Mexican’s WBC tremendous middleweight title problem against Christian Mbilli in Saudi Arabia on Saturday will proceed as deliberate despite the ongoing missile and drone attacks in Riyadh and the closing of King Khalid International Airport. Consider, too, if only for context, the truth that last Wednesday the U.S. State Department was involved enough to order non-emergency authorities workers and their households to depart Saudi Arabia following a sequence of lethal attacks by Houthi rebels, which have so far claimed the lives of at least 20 people and injured at least 370.
“Iranian-supported Houthis have increasingly engaged in hostilities against Saudi Arabia, including attacks on civilian airports and other critical infrastructure resulting in civilian casualties and severe travel disruptions,” said State Department spokesperson Tommy Pigott. “The safety and security of Department personnel and their families remain our highest priority, and we will continue to take all necessary steps to protect and support them.”
As expected, several main sporting occasions in Saudi Arabia have been cancelled due to the current attacks, including the Six Kings Slam tennis match, the Saudi International golf match, and even a world title combat on Alvarez’s own card. However, the world championship boxing match between Alvarez (63-3-2, 39 KOs) and Mbilli (29-0-1, 24 KOs) has in some way stood firm and survived. Not only has Canelo made the journey to Riyadh, but Canelo, according to Turki Alalshikh at least, “fears nothing.”
True or not, we can be sure of this much: Canelo, now 36 years of age, has not boxed since dropping to Terence Crawford 13 months in the past and would, in an very best world, box again after this weekend as soon as February. The motive for that is fairly easy. “I want to fight quick, like in February, because I have two fights left in Riyadh,” he instructed The Ring. “So, I want to fight this one in Riyadh [against Mbilli], and then in February, the next one.”
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In other phrases, Canelo desires to get in and get out — as fast as he can. This pertains to Saturday evening, when he challenges once more for the WBC tremendous middleweight belt, and perhaps more usually, too. He is, after all, now on borrowed time. His conqueror, Terence Crawford, announced his own retirement at the finish of last 12 months and Alvarez, who turned skilled at the age of 15, will be conscious he has only so many massive fights left. For now, he might be content material to take the huge sums of money on offer in Saudi Arabia. But, beyond that, one would presume he has other plans. The sort of plans that carry him nearer to home. The sort of plans that make him really feel more snug and further improve his legacy.
Until then, he will naturally go where the money is, protected in the information that everyone will comply with. They will comply with Canelo, irrespective of risk, because the sport in the end revolves around him. More than that, the sport still wants him.
One man who has adopted Canelo to Riyadh this week is Robert Diaz, the former longtime matchmaker for Golden Boy Promotions who has adopted the Mexican great for some time. His spouse, Karla, has labored for Alvarez for 15 years and therefore it was never a query that the couple would finish up in Riyadh this weekend. Both knew it would not be as simple getting there as it was when Alvarez fought William Scull in 2025, of course, but that wasn’t to say it could not be achieved.
“It was alright,” Diaz instructed me last Friday. “I flew from LA to Rome, which was fine, and then Rome to Qassim Airport [in Buraidah, Saudi Arabia], but we couldn’t take off because of luggage. There was a little delay, but it wasn’t to do with the attacks or anything.
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“Then, once we got in the air and landed, we had to go to Riyadh on the street for 4 hours. But we got here ultimately and everything seems fantastic — so far.”
Though keen to stress “so far,” Diaz was just as keen to affirm his confidence in a situation like this one. “There’s been no indication that it [the event] would get cancelled,” he said. “You would think that would be a risk, but when everything appeared to be transferring ahead, we were like, ‘Are you sure?’ And yeah, they were. They were shopping for journey and arranging everything, so at that level it was, ‘OK.’
“It’s funny because last year, after Canelo fought here [against Scull], I ended up going to Pakistan to do a WBA (World Boxing Association) event and they were at war with India. The airspace kept closing while I was there and there was a chance we weren’t going to get out in time. In the end, though, we were fine. So, with this one, there was a sense of, ‘Been there, done that. Let’s go.'”
Canelo Alvarez vs. Christian Mbilli seems destined to occur, for higher or worse.
(Steve Marcus via Getty Images)
The factor is, they could have all been in Las Vegas, the combat capital of the world, this weekend. That is where combat followers usually collect in giant numbers and where Canelo Alvarez is always welcome. It is there that, since the retirement of Floyd Mayweather, Canelo has become a headline attraction, typically showing at the T-Mobile Arena or MGM Grand on Cinco de Mayo and Mexican Independence Day.
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In truth, the last time I saw Canelo in Las Vegas, he was there to full his trilogy with Gennadiy Golovkin in 2022. It was September, the weekend of Mexican Independence, and for the Grand Arrivals at the MGM Grand the fighter was welcomed by the trumpets and violins of a mariachi band, as properly as scores of screaming women carrying bandanas. Then on Friday evening, 24 hours before the combat, there was sudden gridlock along The Strip as numerous heavy-duty autos sporting Mexican flags and relentlessly beeping horns crawled into city, home windows down, heads out.
At one level, just to gauge the stage of his reputation, I determined to go to the Grand and Co. store in the MGM Grand foyer. That tends to be where combat merchandise is offered forward of a massive occasion and, for Canelo-Golovkin III, they were promoting merch for both boxers, with one clearly outselling the other. “Canelo sells more by quite a distance and always outsells his opponents whenever he fights here,” revealed Jodi, who ran the store and had been working there “too long to remember and long enough to remember them all [the great boxers].” She then shot me a look of horror when I had the nerve to suggest Canelo’s promoting energy might be comparable to Floyd Mayweather’s. “Oh, come on,” Jodi said. “Mayweather was much more popular. Him against [Manny] Pacquiao [in 2015]?” She rolled her eyes while making a whooshing sound with her mouth. “That was like nothing else. But, of course, they’re both retired now and we miss them. Canelo is the next best thing.”
While Mayweather stays the undisputed king of Las Vegas, Canelo did handle to do something in America Mayweather never did: combat frequently in stadiums. This he did against Terence Crawford in his last combat (Vegas’ new Allegiant Stadium), as properly as in fights against Liam Smith and Billy Joe Saunders (AT&T Stadium in Texas), and Avni Yildirim (Hard Rock Stadium in Miami).
September 2025: 70,482 spectators attended Canelo vs. Crawford, the largest-ever attendance for an occasion held at Las Vegas’ Allegiant Stadium.
(Harry How via Getty Images)
“Canelo was a stadium fighter,” said Doug Fischer, the Editor-in-Chief at The Ring magazine. “They were huge fights and it didn’t matter who the f*** he was fighting. You think the people in Texas knew who Liam Smith was? Liam put up a hell of a fight that night, it was entertaining, but they didn’t know who the f*** he was.
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“Stadium fights are uncommon in America. What I seen that evening [in Texas] was that one, Mexico positively confirmed up, and two, there were complete households there. I was struck by the quantity of younger females and older ladies: Moms, aunties. Somebody would be holding a child or pushing a stroller. They all had the Canelo stuff on. They had the merch, the headbands. It reminded me of [Julio Cesar] Chavez, back when he was the man, the idol. I’m considering, ‘This must have been what it was like to be at a Julio Cesar Chavez combat back in the early nineties.’ I do not think he [Alvarez] reached the heights of Chavez, but he got close — as close as anyone has since. I can’t think of a Mexican fighter or American fighter who can attain those heights now. I just do not see it.”
The key to seeing anything, I suppose, is visibility. In the case of Canelo, that means showcasing him on stages that are large, accessible, and safe. His next fight with Mbilli, for instance, could have quite easily found a home in a stadium, whether in the U.S. or elsewhere. It is arguably a better fight than some of those stadium fights previously mentioned and Mbilli is no less famous than some of those Canelo opponents in the eyes of the public. Besides, Canelo is someone who is by now accustomed to having the biggest stage and audience possible. Anything less would seem to undermine what got him here.
“Canelo had a couple of issues going for him when he began more than 20 years in the past,” said Fischer. “One, he was in a position to keep lively by trendy requirements. Also, being Mexican, he turned professional when he was 15 and he caught the eye of certain community executives. Because he had white pores and skin and purple hair, there was a community, Televisa, that began showcasing Canelo and the scores were actually good. They appreciated him. He was a humble child. He seemed like a boy but he was in there with males and he was combating tooth and nail and exhibiting a lot of coronary heart. He had an entertaining type and most of the time he would get a knockout, too, which helps.
“I think probably by the time he was 16 years old he was moved up to main-event status because he was boosting their ratings. For a couple of years, from 16 to 18, he was headlining shows on network television the way boxing stars used to in America. ‘Sugar’ Ray Leonard out of the Olympics was doing the same thing. He would be fighting at seven o’clock or eight o’clock on ABC to a huge market share.
July 22, 2009: An up-and-coming Saul Alvarez works out at Mexico City’s New Jordan Gym.
(Jam Media via Getty Images)
“That’s how all these guys turned family names. Someone like Ray ‘Boom Boom’ Mancini was a man I grew up watching on common TV on a Saturday afternoon, and Canelo got that same remedy in Mexico as a teenager. Before he had even set foot on American soil as an 18-year-old, he was a family title in Mexico. Because of that, and because of the giant Mexican contingent in Southern California, if there’s a buzz about an athlete in Mexico it’s going to translate here. So, there was already curiosity about him. He already had a ready-made fan base. For his first combat in the U.S., at a on line casino out here [Morongo Casino Resort & Spa in Cabazon, California], there were followers that had made banners and stuff. Even before ‘Canelo’ had caught on as a nickname, these banners would say: ‘Saul Alvarez.’ There was already a group — a little cheering part — ready for him.”
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With his heart set on becoming an international star, this early interest from the Mexican people didn’t go unnoticed or unappreciated. It was in fact something Canelo and his team were eager to cultivate.
“To his credit, he needed to be a star; he needed to be that man,” said Fischer. “When he would do a media exercise, or a exercise open to the public, he would spar. He did that for a long time. Only Mexican fighters ever did that. Nowadays fighters are so secretive. They really feel self-conscious even working the mitts in public. But the Mexicans, around the time I began protecting the sport, would be having sparring classes and the followers would take the day without work work to go watch.
“That kind of ended in the nineties, but Canelo brought it back and was doing this until maybe 2012 or 2013. I appreciated it. So did others. He got it: I’ve got to give the dudes something to make them become Canelo fans. He understood that.
“Today, followers are not high on the precedence record. And if the followers aren’t a precedence, then the followers aren’t going to prioritize these fighters. So, how do you construct somebody into an attraction, to the stage of Canelo, if you do not have that sort of connection or relationship?”

Sept. 15, 2009: Mexico’s Saul Alvarez cheers with the WCB youth welterweight belt after winning a fight in Puebla, Mexico.
(Jam Media via Getty Images)
“Solitude is an Anglo-Saxon idea,” wrote Lucia Berlin in her short story “Fool to Cry.” “In Mexico City, if you’re the only particular person on a bus and someone gets on they’ll not only come next to you, they will lean against you.”
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Since beating Kermit Cintron in Mexico City in 2011, Canelo Alvarez has fought just once in his home country and that was against John Ryder, from Great Britain, in 2023. That, too, is somewhere he could have fought Christian Mbilli this weekend. He could have fought him in Mexico City, where he stopped Cintron in Round 5, or even in Guadalajara, where he was pushed hard for 12 rounds by Ryder and where Alvarez was born and raised.
“It’s unusual,” said Ryder, the last man to box Canelo in Mexico. “I do not really think Canelo is as fashionable as you think he is in Mexico. Lots of people see him as a bit of a ‘sellout.’ He has always been considering about the legacy he desires to depart behind, but he in all probability wants to take a combat back to Mexico and win the followers back. I know the stadium was packed for our combat, but around the resort and stuff, there wasn’t a lot of curiosity in it. It wasn’t like everybody was speaking about Canelo or supporting him. I think they genuinely see him as a ‘sellout.'”
Ryder, who is now retired, added: “He has been a exceptional sportsman for Mexico and what he has achieved in the sport has been wonderful. But I think a lot of his followers needed these massive occasions — these career-defining fights — in Mexico and to really feel like they were half of it. Most people in Mexico can’t afford these massive journeys to the U.S. to watch him at the T-Mobile Arena or the MGM Grand. That will have damage his legacy a bit in their eyes. It won’t damage his legacy in phrases of who he has fought and what he has achieved, but when most of your massive moments have occurred in Vegas …
“Once he is back from Saudi, all he probably needs is a fight at the Azteca [Stadium in Mexico City] to finish off his career. Get 100,000 fans in there and that will be the cherry on the cake for him and his career.”
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Although at present in Riyadh taking one day at a time, Robert Diaz is still in a position to think about and predict Alvarez’s future. He, like Ryder, sees the significance of bringing the show back home and repaying those followers who once made banners and booked days off work to watch their hero spar.
“I think that is definitely a goal Canelo has,” said Diaz. “There have been reports that he has talked to the owner of the Azteca Stadium, where Julio Cesar Chavez once fought [against Greg Haugen in 1993]. There have also been talks regarding his last fight being in Guadalajara, where he is from. So, I believe that is something that is on his mind. It would be huge for him to be able to go back and say, ‘Thank you for all the love and support.'”
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Fighting Canelo in Mexico was, according to Ryder, a “crazy experience,” of which he has only fond recollections. He might have lost the combat, but the acclaim he acquired from the Mexican followers, all of whom acknowledged his warrior spirit, felt virtually as good as profitable it. Indeed, whereas some of Canelo’s earlier opponents deemed victory the signing of the contract — that is, securing a career-high payday — Ryder considered Canelo as more than just a money cow. For the 12 rounds he spent in his company, he saw him as a beatable equal.
“I was a Canelo fan long before I was a rival of his,” Ryder said. “It was kind of a pinch-me moment, but I had done the work not to show him too much respect or get too emotionally involved. The fight was just work time. It was the way it had to be. We were there to have a fight and that’s how I wanted it to be. I didn’t want to be all nicey-nicey with him. It was strictly business.
“On the evening he wasn’t as bodily sturdy as I thought he would be. I was in a position to push him around a bit. If not for my nostril ‘going’ in spherical two, I might have had even more success. But his accuracy was unbelievable, good. When he throws a shot, he throws it with unhealthy intentions and 9 out of 10 instances he lands it. His ring craft is great: his little double steps, how he feints, how he purposely telegraphs something and then throws something else. He is a particular fighter.”
Zapopan, Mexico: Fans rush to take a photo of Canelo Alvarez prior his fight against John Ryder at Akron Stadium on May 6, 2023.
(Hector Vivas via Getty Images)
Unlike world champions, who can be located on every street corner in boxing, special fighters are rare. Customarily, a special fighter is the kind of fighter who can bring tens of thousands of Mexicans to Las Vegas on Cinco de Mayo and Mexican Independence weekend; a special fighter is a fighter who can fill outdoor stadiums in countries not known for stadium fights; a special fighter is a fighter who can ensure a fight in a “warzone” somehow takes place.
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A special fighter is also someone whose absence the sport tends to feel.
“One hundred p.c we will miss him,” said Ryder. “We never actually changed Mayweather, did we? Once Canelo goes, we need someone who can command those two massive dates — in May and September — and ship massive fights every 12 months. Canelo tried to fill that hole when Mayweather retired, but he still wasn’t in a position to reside up to the hype of Mayweather.”
“We go through this course of of lacking fighters and mourning them with each era,” said Diaz. “We missed Julio [Cesar Chavez] when he was gone, we missed Oscar [De La Hoya] when he was gone, and we missed Floyd when he was gone. We will miss Canelo the same method. But there seems, at least traditionally, to always be that next man who fills in. Hopefully we discover it in a [Jaime] Munguia, or an [Rafael] Espinoza, who I am actually high on. He also fights on Saturday’s card [in Riyadh] and he is a child with a lot of self-discipline and expertise.
“Throughout history Mexico has always been very important to boxing and boxing has always been very important to Mexico. We have had a lot of world champions and idols from Mexico, but we haven’t always had a lot of big global stars. Now, because the focus is no longer on creating these heroes and these idols, I think Canelo is that last Mohican; the last guy capable of drawing thousands of people over to the big events. He has maybe two or three fights left and we need to appreciate that. It always happens: once they are gone, even the haters start missing them. We will soon miss the kind of nights Canelo has given us.”
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This Saturday, on shaky ground, Saul “Canelo” Alvarez will give us another one of those nights, albeit barely totally different from the common. After that, at some level in 2027, he will get on a bus in Mexico City, sit beside someone who speaks his language, and lean against them in order to relaxation his heavy head on their shoulder. “Bienvenido a casa,” he will then hear them say. “Te extrañamos.”
Or in English: “Welcome home. We have missed you.”
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