By Dan Ambrose: Gabriel Peñagarícano, the adviser for WBC middleweight champion Miguel Cotto (40-4, 33 KOs), says they’re making a lot of progress in the negotiations with former WBA/WBC junior middleweight champion Saul “Canelo” Alvarez (45-1-1, 32 KOs) for their mega-fight on HBO pay-per-view.
Peñagarícano says they’re looking at November 21st as a possible date for the fight, and they’ve narrowed the cities down to Las Vegas, Nevada or New York. Las Vegas is the No.1 choice right now with New York No.2. Dallas, Texas is also a possibility. They’re hoping to announce the fight in July once they have the signatures on the contracts.