Cotto was in a situation where he needed to agree to fight GGG by a certain period of time. He agreed to pay GGG to avoid fighting him within that certain period of time. What Cotto does from there doesn't really matter. GGG agreed to the money thus backed off of his position of forcing Cotto into a fight GGG or drop the belt decision. GGG performed his side of the deal already.
Comments Thread For: Miguel Cotto, The WBC, and Much Ado About Nothing
Collapse
-
-
Solid point about the Andrade situation. I just assumed Andrade was nuts with all that, but if there is something to that & something to this situation RN is shady as f#ck (although it is boxing so being somewhat shady seems like a prerequiste to working in boxing). I'll see what develops with all that before I make a call.
As far as K2's obligation to GGG I don't think its unreasonable of them to say okay to a desire by Cotto to wait til "the next payday" to payoff the $800k. $800k is a lot of money for these guys still. And I think its a big assumption to assume Cotto is necessarily that liquid in his assets vs his normal expenses between paydays/etc. to expect him to randomly be able to afford coughing up $800k or even want to go into his stocks or mutual fund investments or w/e & take out $800k when he's gonna have a easily flipable $25M+ in a couple months.
I think this agreement is more binding than others seem to think it is so I think K2 was being professional & understanding of the details I'm entirely speculating on right now lol (but with the given info all we can do is speculate at this point). Mainly doe I can see how K2 doing something that others would do in a similar situation could easily be what happened & the failsafe of legal measures is there thus its a low risk business decision.Comment
-
Cotto was in a situation where he needed to agree to fight GGG by a certain period of time. He agreed to pay GGG to avoid fighting him within that certain period of time. What Cotto does from there doesn't really matter. GGG agreed to the money thus backed off of his position of forcing Cotto into a fight GGG or drop the belt decision. GGG performed his side of the deal already.
Yes, but then he had an unification bout against Lemieux in that period!Comment
-
The timeline goes:
Step aside agreed to
Cotto vs Canelo talks get serious
GGG vs Lemeiux gets made
Cotto vs Canelo gets madeComment
-
I think you're right. In fact an agreement doesn't even need to be on paper for it to constitute an agreement. If GGG can demonstrate with oral testimony that he really did step aside and thereby forfeited financial benefit and that Cotto renegaded on that agreement then he has a valid lawsuit and one that I think he has a real chance of winning. GGG's brand, however, of being a nice guy, may be inconsistent with sueing a HOFer no matter how badly Cotto behaved, so we may not see this lawsuit. It's going to be interesting. Personally, I find it hard to imagine GGG hasn't actually been paid.Comment
-
He's not paying for the fight really doe. You can pay a guy to step aside & take a nap for 6 months or whatever period of time you're working with.
Cotto was in a position where he needed to agree to a fight with GGG by a certain time period. If he didn't agree to that he'd be stripped of the title. He agreed to pay GGG step aside money to not have to agree to fight him within a certain time frame. Cotto fighting Canelo or whoever doesn't matter. For a title or not doesn't matter. The stepping aside happened already.
If not for that $800k agreement Cotto vs Canelo for a title doesn't even get talked about. Cotto, Roc Nation &/or the WBC is clearly f#cking GGG over or imo attempting to as I fully expect GGG will get his step aside money & its just a matter of who's paying it even if he has to sue someone.Comment
-
And yea I'm pro-the WBC getting stuff shoved up their asses all day every day I'm just not pro-fighter getting f#cked over & it seems like GGG is potentially being f#cked over here. Having said that I think Cotto is a words are important type mfer who guards the things he says & he's saying in a video I watched that he made a $800k agreement with GGG & that he owes $800k to GGG so my assumption is this gets worked out just perhaps without the WBC being the middleman as it seems like they were or were trying to be for this exchange.Comment
-
How disrespectful to a man like Cotto to suggest that he deliberately shafted GGG and is going to be laughing about it, the way you are.
Sorry to disappoint you, POS, but GGG will get his step aside money, if he hasn't got it already, and I don't think he'll need to sue anybody for it.
Some people understand the meaning of honour and integrity, even if you don't.Last edited by kafkod; 11-18-2015, 01:52 PM.Comment
-
i'm not a fan of either, as much as Cotto is a legend he's always been a paper champ at middleweight, he won that belt and kept it due to technicalities, these guys for a 154 lb belt would be more like it but that means they'd have to fight some real competition to get a title and face each other which, neither has fought real competition for almost 2 yrsComment
Comment