Former four division world champion Miguel Cotto is planning to retire from the sport on December 31, 2017. Cotto has been out of the ring since losing a twelve round unanimous decision to Saul 'Canelo' Alvarez last November at the Mandalay Bay in Las Vegas. Their fight generated 900,000 purchases on pay-per-view - which is the closest any boxing event has come to reaching a million PPV buys since last May's mega-fight between Floyd Mayweather Jr. and Manny Pacquiao.
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