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Cotto's Adviser: De La Hoya's Public Pressure Won't Work

By Miguel Rivera

In an earlier article on BoxingScene.com, Golden Boy Promotions President Oscar De La Hoya, who promotes Mexican superstar Saul "Canelo" Alvarez, told our very own Steve Kim that a single hurdle remains with respect to finalizing a deal to fight WBC middleweight champion Miguel Cotto on November 21 at the Mandalay Bay in Las Vegas.

De La Hoya said the two sides are at odds over some minor details pertaining to the rematch clause, and they are waiting for an answer from Cotto's legal adviser Gaby Penagaricao.  

"All we need is to negotiate one little point.  Look Golden Boy's on board, Roc Nation (Sports) is on board, Canelo's on board, Cotto's on board, Vegas is on board, The only person we're waiting for is Gaby Penagaricano," De La Hoya told BoxingScene.com.

"I know Cotto wants the fight, I know he's already training, same for 'Canelo, he's already training, he's ready to do. We're waiting for an answer from Gaby."

Penagaricano has responded and says he and Cotto won't allow themselves to agree to certain items through public pressure. 

"The information supplied by my friend Oscar is false," said Peñagarícano to El Vocero. "We have come a long way and have agreed to most of the issues related to this fight. But there are still several important components that we have to agree on."

"I see no major impediment to the agreement being reached. But to apply pressure through the press during the negotiations will have zero effect on Miguel Cotto and his team. That strategy has not worked for Oscar in the past, nor is it going to work now."

"The mere fact that Oscar went to the press and said what he said, I think it's the best evidence that his side feels cornered. He saw that through private negotiations that he was not getting what he wanted to get. We have never entered into negotiations through the press. Nor will I think about doing it now."

User Comments and Feedback
Comment by Scipio2009 on 08-07-2015

[QUOTE=BreWall;15941585]Tell that idiotic Cotto adviser that there is no A-side in this fight. It's 50/50 fight. He doesn't have to be antagonistic, combative and all these useless negative emotions unless he's ready to take Golovkin as a replacement.[/QUOTE] It's not…

Comment by Scipio2009 on 08-07-2015

[[email protected];15941511]You ladies need to the understand that a rematch cluase is not the hold up. Cotto and Roc Nation wants the fight in NY. Cotto will accept 50/50 if the fight is in NY(which a lot of people are pushing…

Comment by thatdudespits on 08-05-2015

[QUOTE=shoog;15939708]This is cottos legacy unfortunately, hes now become morCotto's warrior at the negotiating table than he ever was as a boxer.[/QUOTE] The ignorance on this forum is incredible. Oscar is clearly bull****ting about what's remaining on the negotiating table, but…

Comment by Da Boxer on 08-05-2015

[[email protected];15941511]You ladies need to the understand that a rematch cluase is not the hold up. Cotto and Roc Nation wants the fight in NY. Cotto will accept 50/50 if the fight is in NY(which a lot of people are pushing…

Comment by BreWall on 08-05-2015

[[email protected];15941511]You ladies need to the understand that a rematch cluase is not the hold up. Cotto and Roc Nation wants the fight in NY. Cotto will accept 50/50 if the fight is in NY(which a lot of people are pushing…

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