Advertisement
Advertisement

Arum's Update on Cotto-Margarito II, Pacquiao-Marquez

By Lem Satterfield

Although Top Rank Promotions CEO Bob Arum still is undecided on where the Dec. 3 rematch between WBA junior middleweight champion Miguel Cotto of Puerto Rico and ex-titlist Antonio Margarito of Mexico will take place, he told BoxingScene.com that New York's Madision Square Garden is ahead in the considerations over the MGM Grand in Las Vegas.

The battle is the return bout of a 2008 clash that ended with Margarito (38-7, 27 knockouts) handing Cotto (36-2, 29KOs) the first loss of his professional career with an 11th-round stoppage the MGM Grand.

"It looks like New York, but Las Vegas still is in the running," said Arum. "New York is in the lead right it's not done yet."

A former two-time welterweight and one-time junior welterweight champion, the 30-year-old Cotto's fights have been arguably the most popular of any present-day boxer's at Madison Square Garden, where he often has fought in June on the eve of New York's City's annual Puerto Rican Day parade.

Cotto is 8-0, with three knockouts when fighting in New York, and he is 6-0 at Madison Square Garden, where four of those contests have taken place on the eve of the Puerto Rican Day Parade.

"Basically, Miguel prefers New York City," said Cotto's legal adviser, Gaby Penagaricano. "But he's willing to consider Las Vegas if financially it makes a significant change for the event."

Arum had said, however, that New York fights had been cost-prohibitive, particular for an inaugural winter bout featuring Cotto, whose closest bout to that time of year in New York was a November, 2007, unanimous decision victory over Shane Mosley at Madison Square Garden.

"The problems with New York is the expenses with the hotel situation. In the beginning of December, the rates are through the cieling,"  Arum had told BoxingScene.com on July 6., adding that Madison Square Garden, at the time, was "attempting to get us a really good hotel deal," and that, "Another problem is that the Garden, because of their union, is a very expensive building to operate in."

On Tuesday, however, Arum said New York officials came back with a nice package for the hotels, making MSG a more attractive and likely venue for the 33-year-old Margarito and Cotto to rematch.

Arum also said that he has not yet determined which network, HBO or Showtime, will get to televise either the Cotto-Margarito fight that or the Nov. 12, third bout between eight-division titlist and WBO welterweight king Manny Pacquiao (53-3-2, 38 KOs) and WBO and WBA light weight titlist Juan Manuel Marquez (52-5-1, 38 KOs).

The two networks are in a bidding war over the two bouts.

"We're expecting Showtime's proposal today or tomorrow," said Arum.

User Comments and Feedback (Register For Free To Comment) Comment by caredjo on 07-17-2011

[QUOTE=pugay_kamay;10832916]Now their rematch is officially on, what happened to Cotto's previous statement that he will not fight Marg again after the "plaster" incident?[/QUOTE] ... a 5-7 million $ payaday. :hitit:

Comment by eddysteady80 on 07-17-2011

so just miguel cotto is so popular in new york city he is going to win nothing but B/S ill make sure to bring alot of my tacos for margarito support and well see cotto get knock out again

Comment by borikua on 07-13-2011

Please make it in NY.

Comment by JOM'S on 07-13-2011

I am rooting for cotto, hopefully Miguel learned a lot from the first fight and his fight with PAC ...

Comment by tennis-legend on 07-13-2011

WOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO! i'm so pumped lets go cotto and pacman what great fights ahead

Post a Comment - View More User Comments (26)
Top Headlines Porter Plots Fall Return, Wants Immediate Thurman Rematch Hearn: Amir Khan Will NEVER Be The Same, NEVER Face Brook Whyte: Don't Be Shocked if Shannon Briggs Drills David Haye Wilder vs. Joshua Will Be Built Up as SHO PPV, Says Hearn Danny Garcia Hits Back at Keith Thurman With Sneaky Reply Haskins vs. Hall is Likely For Brook-Vargas or Golovkin-Eubank Koncz: If Pacquiao Returns, Crawford Not a Thought - Never Was! Mikey Garcia Names Terry Flanagan as Potential Target at 135 Froch Thinks Golovkin Will Struggle With Ramirez, 168 Power Arum: Manny Pacquiao Wants To Fight Again, Not Sure He Can Yet Klitschko Manager Wants Full Investigation on Fury Doping Claim Roman Gonzalez, Carlos Cuadras Trade Heated Words Oscar Valdez Ready For The Danger of Hard Punching Rueda Ryan Martin To Make Ring Return on Wilder vs. Arreola Card Povetkin Holds Meeting With WBC: Awaits Decision on Wilder Golovkin, Eubank Jr. Should Sign By This Weekend, Says Hearn SHO's Espinoza: Canelo-GGG in "Fall 2017" Was To Stop Bleeding Photos: Mario Barrios Putting in Work For World Title Eliminator Roman Gonzalez Focused on Cuadras Next, For The Right Price Parker's Promoter: Anthony Joshua Will Eat The Jab All Night! Cecilia Braekhus Returns, Tops First Card in Norway Since 1980 Manuel Avila Continues Unbeaten Run at Cache Creek Casino Smith's Trainer: We Can Beat Canelo, But Will The Judges Agree? News: Boxeo Telemundo Update; Skeete-Lepelley; Jay Harris Thurman Might Make Mandatory Defense Against Avanesyan Next Jonathan Guzman Ready For Wake Title Shot Rabchenko Handed IBF Eliminator On Santa Cruz-Frampton Card Hurd Wants Foes Like Bundrage, Ishe Smith For Upcoming Fights DiBella: Wilder vs. Joshua is Inevitable in Future, But Not Now Canelo Alvarez vs. Liam Smith is NOT a Bad Fight, Explains Hearn Haye: Bellew Fight Must Be at Heavyweight, He Must Add Weight Anthony Mundine Back in Talks For Danny Green Rematch Knockout CP Freshmart Decisions Rojas In A Stinker Ganigan Lopez vs. Jonathan Taconing Will Be a War, Says WBC Joseph Parker Ready To Take November Date For Anthony Joshua Amir Imam, Guillermo Jones Return on Pittsburgh Card Arum: After Ramirez Beats Golovkin, He Will Be a Big PPV Star! Keith Thurman vs. Danny Garcia: The Fight, Right Now Photos: Mayweather Takes Part in BET Celebrity Basketball Game Ramirez's Adviser: Golovkin One-Dimensional, He's No '85 Bears!
Advertisement

Latest Active Forum Threads
Advertisement
Advertisement