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Canelo vs Cotto: Negotiations difficult but legend is optimistic

Joseph Herron Updated
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The negotiation process in making Canelo Alvarez vs. Miguel Cotto a stark reality for 2015 is officially underway. According to numerous sources, negotiations began several weeks ago while Top Rank was supporting "Donaire vs. Walters" in Carson, California.

Although all parties involved share the common goal of putting together one of the biggest events on next year's boxing calendar, actually making it happen might prove to be a more daunting task than most realize.

"Obviously Canelo and Cotto both want the fight," stated Oscar De La Hoya to ESPN Deportes last week.

"It's the biggest fight that can be done next year. Miguel Cotto has been looking good and Canelo is a strong and fast fighter who has not yet reached his peak. It's a fight that everyone wants to see and Canelo wants the fight on May 2. We'll see what happens."

"But this is a very complicated negotiation. We have to see where we can make it, be it at Cowboys Stadium in Dallas, Texas, or in Las Vegas, or any where else that makes sense. I want what's best for the fight."

Because both superstars are PPV draws and have grown accustomed to having their druthers in the war room, negotiations of this nature can often resemble a divorced couple bickering over custodial rights.

Six decade fight legend Don "War a Week" Chargin points out the fact that both sides genuinely want this fight to take place, and ultimately it's the most crucial factor when conducting any fruitful negotiation in the sport.

The senior advisor to Golden Boy Promotions claims that this is nothing new to boxing.

"When attempting to put together a fight like Canelo vs. Cotto, one side is always more agreeable than the other for some reason," states the Hall of Fame boxing promoter and matchmaker.

"I think Cotto wants to get everything he can out of this fight. And because of all that he's accomplished in his career, he feels that he's earned that right."


"When putting together a really hot fight like this one, it's always going to be difficult. It's a process and you have to be patient. But all sides say that they really want this fight to take place, so we're very hopeful."

After putting together over 5,000 different fight cards throughout his sixty plus years as a fight promoter, "The Don" of boxing recalls one fight in particular that was extremely difficult to create.

But "the juice' eventually proved to be more than worth "the squeeze" according to the knowledgeable matchmaker and promoter.

"Putting together the rematch between Israel Vazquez and Oscar Larios in 2002 at the Municipal Auditorium in Sacramento was a real headache," claims Don Chargin.

"Team Larios agreed to the fight in just thirty minutes, while we went back and forth with Izzy's people for three straight days...morning, noon, and night."

"But that's how it was back then. We put on a different fight card every week, and we didn't have months to negotiate back and forth. Time was always of the essence. And when we had to get a deal made, we didn't quit until it was done."

"The fight ended up being named ESPN's fight of the year in 2002. It was such a big hit with the fans in attendance and the ones watching at home. So the pain staking negotiation process was well worth it."

"We're confident that we'll see a similar result with a hot fight like Cotto and Canelo."

Leading the charge for Team Canelo throughout the ongoing negotiations will be Hall of Fame prizefighter and Golden Boy Promotions President Oscar De La Hoya.

The 86 year old boxing legend has been impressed with the leadership that the Olympic gold medal winner has shown since former CEO Richard Schaefer's departure in May.

"I'm so proud of how Oscar has conducted himself since Richard left the company. He's really shown the qualities of a true professional and a real leader. I truly believe Oscar will be able to put this fight together."

"And it helps when there are no apparent obstructionists involved. At least that's the way it would seem up to this point."

"But don't be surprised about anything that happens in boxing. One just never really knows how things will eventually play out."


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