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Canelo Alvarez vs Miguel Cotto: Negotiations at advanced stage

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It’s no mystery to most fight fans that both Floyd Mayweather Jr. and Canelo Alvarez want to stage their next fights on Saturday, May2nd, of next year.

What does remain a mystery is which superstar will eventually claim the coveted “Cinco de Mayo” weekend on the 2015 boxing calendar.

Senior advisor to Team Canelo and Golden Boy Promotions Don “War a Week” Chargin believes that the first fighter to secure their respective opponent will more than likely obtain the popular fight date.

“Both fighters want the date, because it’s traditionally the biggest fight weekend of the entire year,” states the six decade matchmaker and promoter.

“My guess is that the first superstar to announce their fight will more than likely stake their claim for that weekend.”

The Mexican favorite is hopeful that a fight with lineal Middleweight Champion Miguel Cotto will be announced within the next few weeks.

“The negotiations are advanced, very advanced talks, and hopefully in the next few weeks the fight will be done,” stated Saul “Canelo” Alvarez to RED FM 88.1 Radio in Mexico. “I want that fight to be done before the end of the year, and we are working hard on those negotiations.”

Although rumors have circulated over the past few days that Floyd Mayweather Jr. has reached out to Team Cotto to negotiate a possible rematch for his next fight, Canelo remains confident that he will indeed be facing the current WBC Middleweight Champion for his title next year.

“We are at a difficult stage in negotiations,” admits the 24 year old fighter. “I want to stay at Junior Middleweight. But if the fight with Cotto is done, it will be for his Middleweight Championship although it would be at a 155 pound catch weight.”

Other sticking points have admittedly been the purse split, venue, and sponsorship.

“I love fighting in Las Vegas, where most of the Cinco de Mayo event dates are held. But another venue could be Cowboys Stadium in Arlington, Texas. We’re looking at several options. But most importantly, this fight has to be a 50/50 split.”

“Although Cotto is traditionally difficult to negotiate with, we’re confident a deal will be reached within the next few weeks.”

According to Miguel Cotto Promotions CEO, Bryan Perez, the four division world champion is planning to report to camp on December 7th and discuss plans with Hall of Fame trainer Freddie Roach.

“We’ll be in Los Angeles next week to train with Freddie for about a week, just to maintain and discuss where we are currently,” stated Perez to ESPN Deportes. “Nothing is official yet with Canelo, but we’re in the middle of negotiations.”

It will be interesting to see if Miguel’s renowned trainer, who also works with eight division world champion Manny Pacquiao, will have any influence concerning which opponent Cotto chooses for next year.

All will be revealed within the next few weeks…stay tuned.

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