Miguel Cotto Concerned With Money First for Chavez or Margarito Fights

Miguel Cotto will take whatever fight makes the most money next. (Photo by Mike Stobe/Getty Images)

Miguel Cotto tells Ryan Burton of BoxingScene.com that he's concerned more about money than he is title belts, and that he'll fight Julio Cesar Chavez Jr or Antonio Margarito, whoever makes the most financial sense:

"I am not leaning either way. ... Of course I would like to do that (win a 4th title) but we won't make a decision just based on that. We will sit down and discuss all of our options and then do what makes the most sense."

Cotto (36-2, 29 KO) has been pretty reserved since losing to Manny Pacquiao in November 2009, fighting twice since then at junior middleweight, beating Yuri Foreman in June 2010 and Ricardo Mayorga in March of this year. He was in a position to fight Chavez last December, but decided to sit out the rest of the year to rest a shoulder injury. Since beating Mayorga, he supposedly had a date all but done for a rematch with Margarito, whose eye has been an issue in finalizing any return to the ring since his own November 2010 loss to Pacquiao.

Both fights would offer a payday -- not only do they renew the Mexico vs Puerto Rico boxing rivalry, which always sells, but the fights do so with big name stars on both sides. Chavez has youth and pure name value on his side, while Cotto and Margarito have serious history together from their 2008 war.

I get the feeling that Top Rank might be able to "come up with" more money for a Chavez fight, because a Chavez win over Cotto could mean quite a bit more than Margarito again beating Cotto, simply because Chavez could parlay that into more big fights and big paydays, and the notoriety of defeating Cotto could be bigger. Margarito is 33 and with that eye injury, fairly close to the end of his career. As cold as this sounds, there's only so much more money Top Rank can milk from Margarito, and if he were to defeat Cotto, it more importantly hurts Cotto, 30, than helps Margarito. Chavez, at 25, has a long-term money future either way, but the win would be big.

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