Golden Boy Promotions has offered Miguel Cotto a deal worth at least $10 million to face Saul “Canelo” Alvarez according to CEO Richard Schaefer, who outlined the deal structure during Tuesday meeting with the Puerto Rican star. Schaefer also discussed a rematch with Floyd Mayweather and title shot against Peter Quillin and Carlos Molina with Cotto.
Schaefer says Alvarez is already on board with fighting Cotto.
"I've already worked out the deal structure with Canelo, so it's just up to Miguel," he said. "It will definitely be in the U.S. It could be in New York, or it could be in Las Vegas, whatever the situation is." -@RingTv
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