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Cotto Could Earn $6 Million for Margarito Rematch on 9/17 - Boxing News
 
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 Last update:  4/15/2011       Read more by Rey Colon         
   
Cotto Could Earn $6 Million for Margarito Rematch on 9/17
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By Rey Colon

The WBA junior middleweight champion Miguel Cotto will face Antonio Margarito in a rematch on September 17 at the MGM Grand in Las Vegas, Nevada, and the purse of the Puerto Rican could be worth as much as $6 million dollars, according to Bob Arum, CEO of Top Rank. Margarito is having additional tests conducted to ensure that his injuries, suffered in the bout with Manny Pacquiao last November, are fully healed.

"That fight was going to happen on July 16 but I met with Margarito's team and the doctor said that he wants to conduct additional tests on his right eye because he wants to ensure [Margarito] has perfect vision. So we are going to move to it to September 17 when Independence Day is celebrated in Mexico. And we are going to do it at the MGM Grand. Cotto will likely earn $6 million," Arum said. "The Puerto Ricans will go to Las Vegas to support Cotto. This has been seen in the past and therefore we will stage it there. It's the ideal site."

Tags: Miguel Cotto , Antonio Margarito , Cotto vs Margarito , Cotto-Margarito



 User Comments and Feedback (must register to comment)

comment by Hyper Knuckles, on 04-18-2011
[QUOTE=Iceta Lives]That much money to quit in front of your wife and kids again. Sounds like a bargain.[/QUOTE] Just don't call Margarito "shot" when he loses.

comment by Iceta Lives, on 04-15-2011
That much money to quit in front of your wife and kids again. Sounds like a bargain.

comment by vicmatic1, on 04-15-2011
he shud walk away with 10 mil plus....other than may pac...whos gonna make even close to that?

comment by Mr. Fantastic, on 04-15-2011
[QUOTE=Southpawology]not saying that tax isnt an issue....but there didnt seem to be a tax problem when cotto fought foreman at yankee stadium. cotto vs marg at yankee stadium could prob draw 22,000-25,000 ppl...maybe even more with HBO 24/7. i wish it was at yankee stadium but whatever i'm j...

comment by Southpawology, on 04-15-2011
[QUOTE=Mr. Fantastic]Haven't you learned on why it is in Vegas?? Tax issue. Plus, Vegas is where the majority of all the major big fights in the U.S. happen. Personally, it's fair for the fight to happen in the east but it is what it is.[/QUOTE] not saying that tax isnt an issue....but there d...

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