(PHOTO CREDIT: Gene Blevins – Hoganphotos/Golden Boy Promotion) By Dan Ambrose: 31-year-old WBA junior middleweight champion Miguel Cotto (37-2, 30 KO’s) is going to make a lot of money for this Saturday’s fight against Floyd Mayweather Jr. (42-0, 26 KO’s).
According to boxing news from Dan Rafael at ESPN, Cotto will get a cool $8 million right off the bat for the Mayweather Jr. fight. However, it’s likely to go even higher with the pay-per-view upside. We’re talking possibly well over $10 million for a fight that Cotto is likely to lose.
If the fight brings in 1.4 million pay per view buys or higher, Cotto is going to be a a lot richer than he already is come Saturday night. Trying to predict the number of buys the Mayweather-Cotto fight will bring is difficult at this point because it’s hard to say how many boxing fans are going to be willing to pay $59.95 for what amounts to be two mismatches plus some obscure fighters on the undercard that mainly hardcore fans are aware of.
The undercard fights are as follows:
Saul Alvarez vs. Shane Mosley
Deandre Latimore vs. Carlos Quintana
Jessie Vargas vs. Steve Forbes
These are the undercard fights that will make onto the PPV card. The other additional five bouts on the undercard likely won’t be shown because there are only a limited number of fights that can be shown unless all three undercard television fights end in early knockouts, which is a definite possibility.
Saul Alvarez will be hauling in $1.2 million for his fight against 40-year-old Shane Mosley. Not bad money for a fight that will likely be one-sided from start to finish. Mosley will bring in $650,000. That’s really good money given that Mosley hasn’t won a fight in over three years. Can you believe that? Mosley’s last win was in January 2009 against Antonio Margarito. Mosley has fought three times since then, losing two of the bouts and getting a draw in the third. He’s fought poorly and yet the World Boxing Council has him ranked #4 in the junior middleweight division.
Mayweather’s purse hasn’t been disclosed as of yet.
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