The MSG offer, which calls for the fight taking place Nov. 21, is for a guarantee north of $6 million -- cash, not tickets -- meaning the promotion gets the money and retains the rights to the top floor seats to sell.
Although Cotto (40-4, 33 KOs) loves fighting in New York, where he packs the house with his Puerto Rican fans, his camp said he'll go where the most money is for this fight, be it New York or Las Vegas.
The Golden Boy side would argue that even if the guarantee is bigger in New York, they feel they can generate more money overall in Las Vegas and that because this is such a hot fight there's nothing wrong with a little risk.
The Cotto side would argue that with a larger guarantee in New York, not to mention a bustling city the week before Thanksgiving, Madison Square Garden is the place for the big fight, as opposed to Las Vegas on either Nov. 7 or Nov. 21.
Mexico's Alvarez (45-1-1, 32 KOs) also is said to prefer Las Vegas because his tax liability will be much smaller than in New York, and for a fight for which he stands to earn eight figures, that's significant.
Although Cotto (40-4, 33 KOs) loves fighting in New York, where he packs the house with his Puerto Rican fans, his camp said he'll go where the most money is for this fight, be it New York or Las Vegas.
The Golden Boy side would argue that even if the guarantee is bigger in New York, they feel they can generate more money overall in Las Vegas and that because this is such a hot fight there's nothing wrong with a little risk.
The Cotto side would argue that with a larger guarantee in New York, not to mention a bustling city the week before Thanksgiving, Madison Square Garden is the place for the big fight, as opposed to Las Vegas on either Nov. 7 or Nov. 21.
Mexico's Alvarez (45-1-1, 32 KOs) also is said to prefer Las Vegas because his tax liability will be much smaller than in New York, and for a fight for which he stands to earn eight figures, that's significant.
Also the ticket sales go to the promotion so is double the revenue.. i think that is the best offer.
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