WBC Declares Cotto Is No Longer WBC Middleweight Champ

The WBC threw a sharp haymaker, it looks like, at Miguel Cotto, days away from his superfight against young Mexican gunner Canelo Alvarez.

The sanctioning body, based in Mexico, sent out a release, announcing that they are no longer recognizing Cotto as WBC world middleweight champion.

He has held that belt since the summer of 2014, when he wrested it from Sergio Martinez.

Here is the WBC release:

The World Boxing Council worked tirelessly through a process that began over two years ago to secure the celebration of the highly anticipated fight between Miguel Cotto and Saul “Canelo” Alvarez. The WBC is proud of that accomplishment that is giving boxing fans around the world a very important fight to see.

After several weeks of communications, countless attempts and good faith time extensions trying to preserve the fight as a WBC World Championship, Miguel Cotto and his promotion did not agree to comply with the WBC Rules & Regulations, while Saúl Alvarez has agreed to do so.

Accordingly, the WBC must rule on the matter prior to the fight. The WBC hereby announces that effective immediately has withdrawn recognition of Miguel Cotto as WBC World Middleweight Champion. If Saul “Canelo” Alvarez wins the fight against Cotto, he will be recognized as the WBC middleweight world champion.The WBC’s decision is premised on the fact that Miguel Cotto and his camp are not willing to abide by the governing WBC Rules & Regulations, and the specific conditions the WBC established to sanction the fight.

Simply put: they are not willing to respect the very same rules and conditions which applied to Cotto becoming WBC champion. The WBC wishes Miguel Cotto the best of luck as we truly regret the course of action which led to them taking such decision.

The WBC is a non-profit governing organization founded 53 years ago. The WBC has implemented all of the current rules in the sport, paving the way to a much safer boxing. The WBC creates, implements and enforces, its Rules & Regulations to bring safety, order, unity, justice and equality to a sport that was marred with abuse and unfairness. Since the first day of existence of our organization, the WBC has taken countless actions for the protection of the boxer and it is a fact that most if not all boxers dream of conquering the green belt.

The WBC stands by its honorability and will not participate in the abuse of power and greediness, which has taken our boxing world to regrettable actions from different parties. The WBC wishes the promotion great success and we are satisfied that this great fight for boxing will be enjoyed by millions of fans around the world.

The WBC didn’t specify how Cotto didn’t comply. Did he refuse to pay a quite healthy sanctioning fee? I checked, and asked WBC boss Mauricio Sulaiman for specifics. “Cotto and Roc Nation as well as Alvarez and Golden Boy had to sign the agreement to abide by the WBC ruling, including the payment of fight cerification fees,” he told me.

So, we wonder how the chips might fall on this matter. If Canelo (ranked No. 1 by WBC, Jorge Heiland is No. 2, Arif Magomedov No. 2) wins, he has the belt. If not, the belt is now up for grabs.

Or is it?

Gennady Golovkin is the WBC “interim” champ and has waited with exceeding patience for a crack at the “real” crown. Maybe the WBC will simply transfer the “real” belt to him, if Cotto beats Canelo. That makes sense…but this is boxing..and life…how often does what makes sense occur?

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COMMENTS

-Radam G :

What a bunch of alphabet-sanction organization crap. When the WBC got sued years ago, and had to declare bankruptcy; on its corrupted arse, it should have been a rap. Talking about one-bytch arse organization! The WBC prez/CEO/chairman-for-life claimed that he was not going to be a bias, corrupted _____ _____ as his late pops was. Shame on you, WBC! That acronym "WBC" must stand for WE BE CONNING. Holla!


-miguel1 :

Yes, I tend to agree, the news reeks of trying to get a little attention for themselves. But I could see that Cotto is becoming hard to deal with, and the idea of forcing him to fight a bigger guy in Golovkin is just something I dont see him ever agreeing to.


-Radam G :

Yes, I tend to agree, the news reeks of trying to get a little attention for themselves. But I could see that Cotto is becoming hard to deal with, and the idea of forcing him to fight a bigger guy in Golovkin is just something I dont see him ever agreeing to.
In just due time, M-Co was going to go get some from 3g. Of course at a agreed-upon catch weight. The last dude that M-Co fought would make 3g look like a bone-skinny midget. And look how big "Tijuana Tornado" Tony Margarito was over M-Co. M-Co is not scare of size. And in the theatre of the unexpected," upsets are up in ev'ybodee's and dey momma's grills. Holla!


-amayseng :

In just due time, M-Co was going to go get some from 3g. Of course at a agreed-upon catch weight. The last dude that M-Co fought would make 3g look like a bone-skinny midget. And look how big "Tijuana Tornado" Tony Margarito was over M-Co. M-Co is not scare of size. And in the theatre of the unexpected," upsets are up in ev'ybodee's and dey momma's grills. Holla!
What happened Cotto would not pay the FEES?? Floyd had a 154 belt for like 4 years and didnt defend it but they let him keep it. Cotto not scared of size? Then why ask GGG to shrink down his size to a cw? GGG would destroy Cotto


-miguel1 :

Margarito is real limited, so the size was that big of a factor. Geale isnt really top shelf guy either. Im not 100 percent sodl on Golovkin, but I dont know if it would be that big a deal for him to beat a smaller guy. Id prefer Triple GGG take on the winner of Quillin - Jacob.


-Radam G :

Margarito is real limited, so the size was that big of a factor. Geale isnt really top shelf guy either. Im not 100 percent sodl on Golovkin, but I dont know if it would be that big a deal for him to beat a smaller guy. Id prefer Triple GGG take on the winner of Quillin - Jacob.
Neither Quillin or Jacob want that work. They are also really limited and protected. Holla!


-miguel1 :

They are at least the right size. I would rather see Triple GGG fight tEubank or the winner of Lee/Saunders tahn Cotto honestly.


-miguel1 :

Now there is word that Cotto paid 800k to sidestep Golovkin and do this fight, now they wanted another $300k for sanctioning. Intersting that their Spanish press releases talk about their integrity and in fact mention that they are NOT FOR PROFIT. That is a lot of expense money there lol


-Radam G :

Now there is word that Cotto paid 800k to sidestep Golovkin and do this fight, now they wanted another $300k for sanctioning. Intersting that their Spanish press releases talk about their integrity and in fact mention that they are NOT FOR PROFIT. That is a lot of expense money there lol
Hehehe! I wouldn't expect any telling of the truth by the WBC -- WE BE CONNING. HOLLA!


-deepwater2 :

I would say the WBC might be rooting for Canelo just a bit more than Cotto.


-stormcentre :

I sense Top Rank's involvement here. Cotto deserves to be stripped in my opinion. Even though this may not be the (sole) reason why the WBC are doing this; it's not like Cotto is really genuinely defending that title -especially with all the Roach designed catch-weights. Don't be tricked gents; as this (whether expected/planned by Roc Nation, Cotto, the WBC, and/or Top Rank or not) is Cotto's ready made excuse to not fight Golovkin. Watch Top Rank and/or Garcia (assuming Antonio goes back there) position Margarito into the mix now. :) :)


-stormcentre :

I sense Top Rank's involvement here. Even if it is from the background and pulling the light/middleweight puppet strings from the shadows. Still, stripping Cotto is not entirely undeserved in my opinion. And yes, like the WBC are going to give a lot of love to Cotto; over a popular and investment worthy Mexican like Canelo. Especially if not doing so just happens to please other promoters that have the means to introduce another popular, and proven, Mexican fighter that the WBC already knows is money in the bank; Antonio Margarito Even though this may not be the (sole) reason why the WBC are doing this; it's not like Cotto is really genuinely defending that title -especially with all the (embarrassing/dangerous) Roach designed catch-weights. Don't be tricked gents; as this (whether expected/planned by Roc Nation, Cotto, the WBC, and/or Top Rank or not) is Cotto's ready made excuse to not fight Golovkin. Watch Top Rank and/or Garcia (assuming Antonio goes back there) position Margarito into the mix now. :) :)


-King Beef :

I see rumblings that Cotto supposedly did not want to pay the 300K fee, .....Is that the normal going rate??? seems a bit much.


-stormcentre :

It was a bit more than 300K. It's hard to say what's normal, as all these things (fights and PED testing protocols/approaches included) can be negotiated on an individual basis; with any costs/charges applied that the parties see fit to agree to. What makes it more complex is step aside fees (for Golovkin) and other legal/financial interests. I would say that the overall amount Cotto was asked to pay - provided all the separate amounts all "actually" went to the destinations that they were meant to go to (think not for profit charity organisations that have a very wealthy CEO) - that is, the round figure of ~ $1.2M was probably not too far off the mark; all things mentioned above considered. That said, it "appears" that Roc/Cotto were not legally obliged to pay the money, and the WBC were merely (for want of better words) "asking" for it. I certainly would not be paying that money, unless I were legally obligated. But I can see how it jacks of a lot of people that Cotto didn't, including Golden Girl. This sport is nuts. :) :)


-vasja :

Does this mean that ggg is no longer coto's mandatory should he win? :)


-stormcentre :

Does this mean that ggg is no longer coto's mandatory should he win? :)
As far as the WBC is concerned' yes. Please see my above post #12.


-Radam G :

I see rumblings that Cotto supposedly did not want to pay the 300K fee, .....Is that the normal going rate??? seems a bit much.
The cheats wanted him to pay $1.1mil. ($800,00 to the WBC to keep 3g from bytching for next.) And the fee is generally based on 3 percent of your purse. And that is up from 2.5 percent from back in the day. Holla!


-King Beef :

"It was a bit more than 300K. It's hard to say what's normal, as all these things (fights and PED testing protocols/approaches included) can be negotiated on an individual basis; with any costs/charges applied that the parties see fit to agree to. What makes it more complex is step aside fees (for Golovkin) and other legal/financial interests. I would say that the overall amount Cotto was asked to pay - provided all the separate amounts all actually went to the destinations that they were meant to go to (think not for profit charity organisations that have a very wealthy CEO) - that is, the round figure of ~ $1.2M was probably not too far off the mark; all things mentioned above considered. That said, it "appears" that Roc/Cotto were not legally obliged to pay the money, and the WBC were merely (for want of better words) "asking" for it. I certainly would not be paying that money, unless I were legally obligated. But I can see how it jacks of a lot of people that Cotto didn't, including Golden Girl. This sport is nuts." "The cheats wanted him to pay $1.1mil. ($800,00 to the WBC to keep 3g from bytching for next.) And the fee is generally based on 3 percent of your purse. And that is up from 2.5 percent from back in the day. Holla! " Thanks, and good info fellas!! I don't know about you guys, but I see that 800K as an expensive investment. I see Cotto/Canelo doing bigger numbers than Cotto/GGG (especially after GGG's latest PPV #s)..and less risk for Cotto.


-vasja :

As far as the WBC is concerned' yes. Please see my above post #12.
Sorry storm, I missed it. Thought so. I don't think Cotto is affraid of anyone, but i do think that the ggg risk/reward balance helped him make the decision. I don't blame him, family comes first. I am happy that he vacated the belt though.


-stormcentre :

That's OK Vasja. There is a lot more to the story than what has been written in the forum and also by paid boxing writers. The WBC appear to have no legal footing to support their claims and interests/requests for the monies above ~ $300K. So unless that changes there is nothing anyone can do other than say it was a clever strategic move on RocN/Cotto's behalf. Who knows, perhaps K2 will mount a legal challenge for the "step-aside" component of the claimed <$1M fee that (RocN/Cotto rejected) 3G/K2 are said to now be short of. I would if it was legally enforceable. And, if it's not legally enforceable; then K2 really screwed up and placed too much faith in the WBC. Moving on . . . . . I don't think Cotto is afraid of anyone that's a welterweight; agree there. But I think - as his interest in catch-weights shows - he is (perhaps justifiably) afraid of the middleweights. Cotto is not a big guy in physical stature and weight. And I doubt he want's to end his genuinely incredible career on a stretcher. When Cotto is retired and inducted into the HoF; people will long forget (and not judge him as harshly as other welterweight fighters) how he did a little side step here/there at the end of his career to avoid and/or contractually diminish the heavier and more capable opponents. Also, I think Cotto knows that he would probably not see round 12 if he fought 3G at the weight that his recently stripped WBC title stipulates. Cotto didn't officially vacate the belt; as the WBC took it back after RocN/Cotto elected not to pay above-mentioned monies that they requested. Still, you could argue that since Cotto probably knew what the WBC would do - in response to his decision not to pay the monies the WBC are said to have requested - was almost the same as vacating the belt. At least this way - as opposed to just vacating and not fighting 3G - there "appears to be" more credibility with what Cotto did. :) :) :)


-vasja :

I agree and I am sure that Cotto is aware of his limitations. I still don't think Cotto is afraid of GGG in terms of getting beaten up. Cotto has big balls, this was proven by 24/7. :) But my speculation is that he is more concerned for his revenue stream decreasing, or losing it in total. He said himself that it's all business for him now. Of course this is just my speculation for which I cannot provide anything more substantial. Nevertheless, a bit of honest speculation can also make a nice conversation. I do wonder if the WBCs contribution is worth 3%. I guess it depends on a fighter by fighter basis. Their main contribution is marketing. Being a championship fight increases viewership. This guys have enough brand name recognition on their own and it is questionable how much WBC can contributed here.


-stormcentre :

Yes OK. Cotto has balls, pedigree, and is a proven brand; there's no doubt about that. He may even win this weekend too. I disagree about Cotto being afraid of 3 though; but that's cool. Nothing wrong with being afraid provided it makes sense and/or you know what to do with the feeling. I wonder too (with you) whether the WBC's request for $300K is worth it. Hard to say it is. But as you rightly say/infer, with guys like Cotto, it's highly doubtable that they can't sell the show without the sanction and it's trinkets there as an advertising attraction. I think the recent trend (the last 10 years or so) with really popular and/or PPV fighters dumping the belts/sanctions and pushing back against the sanction's monetary and other requests; worries and frustrates the WBC. The last thing they and other sanctions need is the top level fighters setting a standard, and also proving/showing that *viewings and *earnings really do not drop when their belts, titles, and sanctions are dropped from the show. Not in the least, as all those *considerations are what usually underpins the sanction's assessment/justification of their own values and fees. :) :)