Cotto to make big money for Margarito rematch
By Jason Kim: WBA junior middleweight champion Miguel Cotto (36-2, 29 KO’s) is going to make big cash in his September 17th rematch with Antonio Margarito (38-7, 27 KO’s). The two fighters are slated to go it on pay-per-view at a still to be determined venue. Cotto will likely make the bigger money of the two fighters and could make $5 million or more depending on the number of PPV buys that the fight generates.
It also depends on the competition that will be competing with this fight on 9/17, because there is talk that Golden Boy Promotions will be having WBC junior middleweight champion Saul Alvarez fight on the same night and with his huge popularity, which is arguably a lot greater than Margarito with Mexican boxing fans, it could put a real damper on the numbers that the Cotto-Margarito 2 rematch brings in.
Margarito defeated Cotto by an 11th round TKO three years ago. However, some boxing fans wonder whether Margarito beat Cotto with the aid of loaded hand wraps Cotto himself has wondered, as he wasn’t hit all that much in the fight but was left a bloody mess at the end of it. Margarito’s success since that fight has been less than spectacular, losing to Shane Mosley and Manny Pacquiao, while beating a little known fighter by the name of Roberto Garcia.
Margarito lost his last fight to Pacquiao last November and is still recovering from that beating. It’s one of the reasons why the Cotto-Margarito 2 rematch was pushed back to September from the original date in July. Hopefully, Margarito’s injury doesn’t push the fight back even further.