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If Cotto could make 147 he'd still be there. He had to make 150 or 151 to fight Manny and it drained him so there's no way he could make 147 now.
The fight with Alavarez would have been a massive Mexico-Puerto Rico Cinco De Mayo weekend PPV. Not Mayweather or Manny massive but a big fight. Even though Cotto lost it's probably still a bigger moneymaker than Alvarez-Trout/one of the other top guys at 154. It's definitely the biggest payday Cotto is going to get so it may well get made.
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Cotto is not a special light middle champion, his best weight was at light welter where he was a beast of a fighter. He carefully manoeuvred himself to win a title and fight some easy defences to build his confidence and get his revenge against Margarito. No shame for Cotto to have a good fight with Floyd and lose to Trout.
Cotto will carry on and try to maximise as much money as he can before he retires in 2013. Cotto would lose to Saul, Cotto could try and manoeuvre himself for another title but he is just delaying the inevitable that he needs to retire. Cotto did not show the fire and relentless pressure that he would have applied in a close fight to pull the victory.
I do not think Cotto can go down in weight he is in the comfort zone and does not have the hunger to fight at welterweight. (Pun intended).
Do not let success go to your head and do not let failure get to your heart.
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