Despite the difficult and long process of getting the two boxers into the ring, the much awaited WBC championship fight between Miguel Cotto and Saul “Canelo” Alvarez is going to happen on November 21, 2015 at the Mandalay Bay Events Center in Las Vegas. Both boxers will fight at a catch weight of 155 pounds.
Cotto vs Canelo had reignited the Puerto Rico-Mexican rivalry in boxing. In this match, however, Cotto and Canelo are more or less evenly matched. Cotto has a 40-4 win-loss record with 33 KOs, while Canelo has it at 45-1-1, 32 KOs.
The fight promises to be the second biggest fight of 2015. Reports have it that Cotto will get at least $10 million excluding pay-per-view sales and sponsorships. Add these up and the total could reach up to $30 million. The last time, Cotto was guaranteed $8 million for his fight against Mayweather but he lost by a unanimous decision.
Although highly favored to win the fight, Canelo is guaranteed only roughly $6.5 million. In his most recent fight, Canelo earned $3.5 million by knocking out James Kirkland last May. Despite arguments regarding the disparity of the purse amount, Cotto is surely making more money than Canelo.
This is the fight that true boxing fans had been waiting for. Despite the outcome, both fighters will surely go home millions of dollars richer.