Miguel Cotto blasts WBC "Greed has to stop!" Reacts to 1.1 million fee & being stripp

Discussion in 'World Boxing Forum' started by Hulkamania, Nov 17, 2015.

  1. Kush

    Kush Obsessed with Boxing Full Member

    Joined:
    Dec 16, 2007
    Messages:
    27,095
    Likes Received:
    980
    Can't really blame him for giving up the belt

    One million is a ridiculous fee
     
  2. Peril

    Peril The Scholar Full Member

    Joined:
    Jan 6, 2011
    Messages:
    9,183
    Likes Received:
    664
    Roc still paid Genady $800 000 in step-aside money. He just didn't want to pay the extra $300 000 for the sanctioning fees, and offered them 125k instead.

    That is my understanding, at least.
     
  3. BlizzyBlizz

    BlizzyBlizz Loyal Member Full Member

    Joined:
    Jun 25, 2013
    Messages:
    31,293
    Likes Received:
    3,510
    Bingo!
     
  4. QuadrupleG

    QuadrupleG MAZAFAKA Full Member

    Joined:
    May 3, 2014
    Messages:
    4,309
    Likes Received:
    3
    Cotto is the crook. He deceived everybody having WBC promoting the fight till the very end. If he had a bit of honor, he would have refused to pay upfront.
     
  5. QuadrupleG

    QuadrupleG MAZAFAKA Full Member

    Joined:
    May 3, 2014
    Messages:
    4,309
    Likes Received:
    3
    What makes you think that he paid $800k ?
     
  6. Hotsauce

    Hotsauce Boxing Junkie Full Member

    Joined:
    Jul 21, 2011
    Messages:
    10,820
    Likes Received:
    26
  7. Doc Everlast

    Doc Everlast Boxing Junkie Full Member

    Joined:
    Aug 23, 2013
    Messages:
    11,371
    Likes Received:
    10
    Brian has lost a lot of weight. :D
     
  8. BlizzyBlizz

    BlizzyBlizz Loyal Member Full Member

    Joined:
    Jun 25, 2013
    Messages:
    31,293
    Likes Received:
    3,510
    I gotta stop posting in threads like this. I'm getting angry on how clueless you are.:lol: I'm out!
     
  9. Peril

    Peril The Scholar Full Member

    Joined:
    Jan 6, 2011
    Messages:
    9,183
    Likes Received:
    664
    Reading comprehension and common sense. There was an article on boxing scene where they described the details of the deal. Genady still got his 800k, but Cotto didn't wish to give 300k out of his own pocket (800k came from his promoter).

    I am wholly on Cotto's side on this issue. **** wbc, they made enough money off his blood and sweat.
     
  10. LordSouness

    LordSouness Boxing Addict Full Member

    Joined:
    Feb 15, 2014
    Messages:
    4,195
    Likes Received:
    691
    If that's the case, this should be cause for celebration for GGG then, should it not?

    It's about big fights. That's it.
     
  11. punisher

    punisher Boxing Junkie Full Member

    Joined:
    Jul 16, 2010
    Messages:
    9,534
    Likes Received:
    19
    They stripped Cotto, but, will deal with the same thing from Canelo. He is not moving to MW anytime soon. GGG will be bringing his a$s down to 155 if he wants to sniff that belt within the next year or so.
     
  12. QuadrupleG

    QuadrupleG MAZAFAKA Full Member

    Joined:
    May 3, 2014
    Messages:
    4,309
    Likes Received:
    3
    You are probably right. I just read Loefler's interview, and he said nothing about 800k.

     
  13. Peril

    Peril The Scholar Full Member

    Joined:
    Jan 6, 2011
    Messages:
    9,183
    Likes Received:
    664
    They want to keep this information on the down low. Which makes perfect sense, public does not need to know the ins and outs of their agreement.

    I always knew this was about money by the way. WBC is adamant to strip Cotto, but not because of GGG. The C stands for Crooks.
     
  14. Rumsfeld

    Rumsfeld Moderator Staff Member

    Joined:
    Jul 19, 2004
    Messages:
    49,475
    Likes Received:
    15,797
    :yep
     
  15. Cisco Route

    Cisco Route He Who Says Nay banned

    Joined:
    Apr 14, 2014
    Messages:
    7,156
    Likes Received:
    5
    Lol...

    :good