As we all know Miguel Cotto‘s contract with Top Rank is expected to expire by the end of the year. Many people, including myself, expected Cotto to leave Top Rank and with Golden Boy courting him, I had no doubt he was going to explore his options.
It turns out that the Golden Boy didn’t bribe him with a suitcase full of money or not a big enough suitcase because Miguel Cotto has extended his contract with Top Rank as part of the deal to fight the Filipino icon Manny Pacquiao on November 14 at the MGM Grand in Las Vegas.
“We have a contract extension, which was the arrangement made as part of the negotiations for the Pacquiao fight,” Bob Arum told Primera Hora.
I would have loved to be in the room while Top Rank negotiated the deal. It makes you wonder what Bob Arum offered Miguel Cotto to extend his contract till 2011 and what he offered Manny Pacquiao to fight at 145lbs.