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Miguel Cotto: Is 'Junito' being ‘Khan-ed’ by Floyd Mayweather?

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Joseph Herron Updated
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While Golden Boy Promotions was in Las Vegas, Nevada this weekend to promote the WBC Heavyweight title fight between newly-crowned champ Deontay Wilder and Bermane Stiverne, Hall of Fame fighter and GBP president Oscar De la Hoya made the shocking announcement that all offers regarding a potential blockbuster event featuring Canelo Alvarez and Miguel Cotto were currently “off the table”.

“We set a deadline on our latest offer sent to Cotto and Gaby (Penagarciano) on Friday night, and they refused the offer,” stated the Golden Boy to various members of the boxing press on Saturday, January 17. "

“Our focus is now on locking down an opponent within the next couple of days for Canelo to fight on May 2nd.”

“We’ve spent several months trying to negotiate a deal with Cotto, but Canelo has decided that it’s time to move on and resume his career with another opponent."

"We had no choice but to move on after Cotto and Gaby turned down our most recent offer.”


It’s believed by several boxing insiders that a contributing factor to the eventual breakdown in negotiations between Canelo and Cotto could have been an alleged offer recently made to the lineal Middleweight Champion by Team Mayweather for a potential rematch of their 2012 meeting.

Hall of Fame promoter and Golden Boy adviser Don “War a Week” Chargin believes that the offer was strategically made to keep “Cotto vs. Canelo” from materializing.

“Team Mayweather recently made an offer to Miguel Cotto,” stated the six decade fight promoter and matchmaker. “It’s being made for one reason…to stop the bout between Canelo and Cotto.”

According to a longtime friend and adviser to Team Mayweather, a mega fight with Pacquiao on May 2nd is the only match-up currently on the mind of Floyd Jr.

“Floyd wants the fight with Pacquiao really bad,” claims Sam Watson of Haymon Entertainment.

“They’re putting it together right now. They’re planning to do a Showtime/HBO PPV like they did with Lennox Lewis and Mike Tyson.”

“I truly believe in my heart and soul that the fight between Mayweather and Pacquiao will happen. And when it does happen, it will be like a boxing Super Bowl.”

Based on Watson’s commentary, as well as confirmed activity from both camps in negotiating a Mayweather/Pacquiao super fight, it seems highly unlikely that a rematch between Cotto and Mayweather will happen for May 2nd.

Is Miguel Cotto being “played” by Team Mayweather to secure the coveted “Cinco de Mayo” PPV date?

And did Team Mayweather’s offer play an integral part in breaking up the negotiations between Miguel Cotto and Canelo Alvarez?


The four division world champion’s current scenario seems eerily similar to the ill-fated career path former Super Lightweight title holder and popular British fighter Amir Khan chose to follow in late 2013 and early 2014.

It was largely presumed that lengthy negotiations for a proposed December 2013 bout between Khan and former IBF Welterweight titlist Devon Alexander eventually fell apart because of an alleged, “more lucrative” offer made by Team Mayweather and former Golden Boy CEO Richard Schaefer for a potential May 3, 2014, PPV fight between the former Olympic Silver medalist and the pound for pound king.

As a result, Amir Khan remained inactive for 13 months, ostensibly waiting for the mega fight with Mayweather to materialize, only to see the sport’s biggest money maker grant the coveted slot to hard punching Argentine Marcos “El Chino” Maidana instead.

Although the bout between Alexander and Khan was eventually made a year later, the British Welterweight would have preferred to take on the St. Louis native in December of 2013 when he possessed the IBF world title.

Is the proud Caguas native currently receiving the “Amir Khan treatment” by Floyd Mayweather Jr.?


Did the negotiations with Canelo Alvarez ultimately break down because of a false sense of leverage created by the dubious “offer” allegedly made by Team Mayweather?

Although Cotto remains one of the top candidates to replace Manny Pacquiao for a May 2nd fight date should negotiations break down in the advanced stages of the lengthy, give-and-take process, most insiders are projecting the long awaited showdown between Manny and Floyd will be announced by the end of the month.

When asked if a clamored match-up between Canelo and Cotto could be salvaged for June of 2015, the Golden Boy president gave an ambiguous response.

“I can’t speak for Canelo,” stated Oscar De la Hoya. “But as of right now, Canelo wants to move on. He’s made up his mind.”


Was Miguel Cotto "Khan-ed" by Floyd Mayweather Jr. in rejecting what would have been a career high payday of at least $10 million plus PPV incentives for a bout with Canelo Alvarez?
 

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