Boxing News

Cotto eyes $10 million purse against Canelo

By Rey Colón -The Sport Press

Three-time world champion in different divisions Miguel Cotto reportedly could earn a purse of $10 million in a September 14th showdown against undefeated WBC/WBA 154-pound champion Saul “Canelo” Alvarez. The fight would be a production of Canelo Promotions, Golden Boy Promotions and Miguel Cotto Promotions so the negotiations to reach a financial agreement shouldn’t present problems given Cotto’s close relationship with Oscar de la Hoya, President of GBP. Although Cotto has lost his last two fights, his market value hasn’t diminished dramatically due to how close the fights were against Floyd Mayweather Jr. and then Austin Trout.

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