Cotto can't escape his contract, pays GGG his 800k step aside fee

[BoxingIsGreat]

What's fair is fair. Good that he did the right thing.

[firstborn]

Well thats dumb. If he had no intention of keeping his belt he would be $800,000 richer today. Cotto, is just a dummy who thought he was being smart by trying to prove to everyone that he was the man.

So the step aside fee wasn't necessary to allow him to take a more lucrative fight with Canelo?

[BattlingNelson]

So the step aside fee wasn't necessary to allow him to take a more lucrative fight with Canelo?

Yes. He could just have vacated straight away and fought canelo for some JMW title ie WBC diamond emerald belt. I think the trouble was that canelo cannot make 154. He can only make it to his 155 lb division.

[Hougigo]

How that $800k fee was even being disputed was weird to me, but good to hear Cotto did the right thing as GGG had nothing to do with the Cotto vs the WBC sanctioning fee bs.

Yea, i don't understand that either.

People saying he doesn't have to since he's not the WBC champ anymore... but GGG was being paid so Cotto didn't have to fight him and could fight Cotto instead. Keeping the WBC or not, the step aside action already happened.

Also didn't help that Cotto was mouthing off about the amount with a confidentiality clause

[Don Pichardo]

Well thats dumb. If he had no intention of keeping his belt he would be $800,000 richer today. Cotto, is just a dummy who thought he was being smart by trying to prove to everyone that he was the man.

Wtf

He made 20 mil doe.

20 mil minus 800000 equals 19 mill 200000. Cottos no dummy. It's called smart investing.

[bigjavi973]

Yaayyy a win for the gggroupies

[US Dirk Killer]

Yaayyy a win for the gggroupies

Yaayy a L for the KneeTards

[.!WAR MIKEY!.]

This doesnt surprise me one bit, Ricans stay taking L;s

[-PBP-]

that literally makes no sense at all. the only reason he paid the 800k was so he could keep the belt but then he dropped the belt anyway....did he know he could just drop the belt and not pay ggg anything? is this man the ******est person ever?

The belt gave him leverage to negotiate a higher split. He still made more money from holding on to it.

[RED REP]

That was always been the plan. Cotto agreed to pay the $800k step-aside fee but not the $300k sanctioning fees..

You do know that Pac isn't an 8 divison "world champion" fact. 6 is the number you're looking for!