Cotto looking for $10 million for Canelo fight

By Boxing News - 05/09/2013 - Comments

cotto3By Dan Ambrose: If Golden Boy Promotions wants Miguel Cotto (37-4, 30 KO’s) to step in and fight WBA/WBC junior middleweight champion Saul “Canelo” Alvarez (42-0-1, 30 KO’s) on September 14th then they’re going to have to give Cotto a nice payday.

According to fightnews.com, Cotto is eying a payday of $10 million for a Canelo fight for what would be a pay per view bout if the fight takes place.

Considering that Canelo has never head-lined a PPV bout before and hasn’t proven himself yet as a PPV draw, it’s questionable whether a Cotto-Canelo bout would draw enough PPV buys for Cotto to get a $10 million guaranteed payday. If this were Floyd Mayweather Jr. he was facing, then a $10 million payday would be realistic, but against Canelo, I don’t think it’s possible.

Canelo would likely want as much money as Cotto, if not more, and I don’t think there’s going to be enough money to divvy up between them for both guys to get $10 million each. I think at best a fight between Cotto and Canelo could draw in the range of 300,000 PPV buys, but not more than that because Canelo isn’t well know with the casual boxing fans in American.

He’s been fighting on undercards until recently when he faced WBA junior middleweight champion Austin Trout and beat him by a questionable 12 round unanimous decision in a fight that was televised by Showtime in the U.S. That was not an impressive performance from Canelo, and he showed that he can’t work hard for a full three minutes of every round despite the fact that he’s only 22.

This is when a fighter is supposed to be in the best condition of his career, yet Canelo looked like a gassed out 35-year-old in the last six rounds of the fight. He rarely threw punches and yet was still given rounds by the three judges, and it wasn’t an impressive stuff compared to other top Mexican fighters like Julio Cesar Chavez Jr.

With Chavez Jr., he works hard for the full three minutes of every round, and works his backside off. You don’t see that with Canelo. He seems like he’s got limited endurance and he has to take it easy.



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