LAS VEGAS—Boxing is at a crossroads. Yes, another one. Much of the last month has been filled by the promotional noise of Saturday night’s Floyd Mayweather Jr.-Miguel Cotto super-welterweight bout. We are told the tickets are “virtually sold out,” which apparently is similar to being almost pregnant. Also, the pay-per-view is “certain to be” the second-biggest take since Mayweather and Oscar de …

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