I think the agreement must be a little more involved than that. Both Cotto and Canelo have refused to sign it so far and to me that indicates that it is more than a simple 'Winner must fight or be stripped' kind of deal. There must be significant penalties involved for not going through with the fight. If not, why would either fighter refuse to sign it since they both claim that they would be willing to fight GGG next?
There is no logical reason that a step aside deal has not already been taken care of at this point other than neither fighter really intends to fight GGG next and wants a way out that costs them very little. But if they really do intend to fight him, they should have no problems signing the agreement - no matter what the terms may be.
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