Everybody loves money, right? Well, now we know how much WBC middleweight champion Miguel Cotto (40-4, 33 KO’s) and former light-middleweight titlist Saul ‘Canelo’ Alvarez (45-1-1, 32 KO’s) are going to make when they finally go toe-to-toe at the Mandalay Bay Hotel & Casino in Las Vegas on November 21st.
Is the pay higher than Mayweather-Pacquiao? No. In fact, it’s not even close, but we can expect a fight with a lot more action, more real boxing fans, and less private jets.
The 34-year-old Cotto, who self-promotes, will make at least $30 million, according to elnuevodiario.com.ni/deportes/367650-nuevo-capitulo-carrera-cotto/ whose article was translated from Spanish to English. Meanwhile, Canelo, who earned $12 million fighting Floyd Mayweather Jr. in Sept. 2013, will see his second-highest payday at $10 million.
“It is expected that the current monarch of the World Boxing Council (WBC) will earn at least $30 million while Alvarez could barely see $10 million,” elnuevodiario.com.ni stated Monday.
It appears to be closer to a 75-25 split on money, which is a little surprising considering how phenomenal Canelo has been over his last three fights, but Cotto is showing his younger competitor who the A-side is. In the end, it wasn’t going to matter because Cotto was never going to give Canelo any sort of leverage in the negotiations, especially after fights against the likes of Margarito, Pacquiao, and Mayweather.
The catch-weight shouldn’t be an issue in this fight. Yes, I don’t agree at all with catch-weights in title fights, but the drainage part of the equation, will not be an issue on November 21st.
The catch-weight is set at 155-pounds and Canelo has weighed-in on that mark in two of his last three fights.
With that being said, talk all you want about how the fight shouldn’t be for the middleweight title. Again, it shouldn’t. But don’t allow your disagreement to ruin the experience – be happy this fight is even happening – and enjoy what should undoubtedly be the Fight of the Year!