Shane Mosley had to give up his title belts in his divorce. (Photo by Chris Trotman/Getty Images)
TMZ reports some of the details of Shane Mosley's divorce from his ex-wife Jin, and well, they're at least kind of interesting if you're the voyeuristic type:
The settlement provides that ex-wife Jin "shall maintain custody and control of three championship belts for each of the respective parties' three minor children." Each of the kids get a belt when they turn 18.
And Jin will get half of Sugar Shane's cut of profits from videotapes and DVDs of his big fights, including bouts with Oscar De La Hoya, Miguel Cotto and Fernando Vargas.
Since the divorce was filed in California and community property rules apply, Jin gets half of Sugar Shane's fight purses during their marriage. But luckily for Sugar, his big fight against Manny Pacquiao was held after the couple separated, so his $3 mil is his alone.
Mosley has been rumored to have had some money issues thanks to the divorce and a settlement that we previously knew gave Jin what seemed like an absurd amount of money per month (not saying she's not entitled to anything, but it was a lot), so what you are probably going to be able to take from this is that Shane Mosley is likely to fight on, even though he's a promotional free agent right now. He has his own promotional company, but it's extremely small potatoes compared to what he's been used to working for CKP and Golden Boy, and most recently what became a one-off with Top Rank. Top Rank chose not to pick up their option on Mosley after his terrible performance on May 7 against Manny Pacquiao.
To be honest, the belt thing is being reported all over like some big deal, but they are being held for his kids, so it doesn't seem like that terrible a thing to me. I only wonder if we're talking about three WBC belts, which without question look the best of the major belts, or if someone gets stuck with an ugly IBF belt.
Most fight fans have expressed a lack of desire to see Mosley fight again, but the realists also know that if someone sees a chance to feed him to a rising name -- e.g. Canelo Alvarez with Golden Boy, Junior Chavez with Top Rank -- we'll probably see him again, with promoters lying about what he is today.