Miguel Cotto’s Net Worth
What is Miguel Cotto’s net worth?
Miguel Cotto, a boxer from Puerto Rico, has a net worth of $25 million. Cotto’s 17-year career spanned 2001 to 2017, during which time he won multiple world championships. He is the first Puerto Rican boxer in history to win world titles in four weight classes, from light-welterweight to middleweight.
Cotto began his professional career in 2001 after representing his home country of Puerto Rico in a number of amateur championships (including the 2000 Olympics). He then defeated Kelson Pinto in 2004 for the WBO light welterweight title, which he successfully defended six times.
He was never knocked out in his title defenses, but he did relinquish the title to move to welterweight. He won the World Boxing Association welterweight title in 2006 and defended it four times before losing to Antonio Margarito. He went on to win the vacant WBO welterweight title in 2009, but he was defeated by Manny Pacquiao later that year.
Miguel won the WBA title after moving up to light middleweight, only to lose it to Floyd Mayweather Jr. in 2012. This was one of the most famous fights in boxing history. This would prove to be the beginning of the end for Cotto, as a string of poor results eventually led to his retirement in 2017.
Miguel Cotto Quick Biography & Other Detail
| Full Name | Miguel Cotto (Miguel Ángel Cotto Vázquez) |
| Net Worth | $28 million |
| Profession | Boxer |
| Birth Place | Providence, Rhode Island, United States |
| Date Of Birth/Birthday | October 29, 1980 |
| Age/How Old | 42 years old |
| Father’s Name | Miguel Cotto Sr. |
| Mother’s Name | Juana Vasquez |
| Siblings | José Cotto |
| Weight | In kilograms:- 68kg In Pounds:- 152lbs |
| Height | In Feet And Inches:- 5’6″ In Meters:- 1.70m |
| Eye Color | Black |
| School/College | Will Update Soon |
| Nationality | Puerto Rican |
| Zodiac Sign | Scorpio |
| Gender | Male |
| Marital Status | Married |
| Wife/Spouse Name | Melissa Guzman |
| Kids/Children Name | Alondra Cotto, Miguel Cotto III And One More |
| Social Media Profile | Instagram, Twitter |
| Last Updated | 2022 |
The First Years
Miguel Angel Cotto Vázquez was born in Providence, Rhode Island on October 29, 1980. Despite being born in the United States, he and his family moved back to Puerto Rico before he turned two. Miguel was raised in a boxing-loving family. Miguel Cotto Sr., his brother Jose Miguel Cotto, his second cousin Abner Cotto, and his uncle Evangelista Cotto were all professional boxers at one point in their lives.
Despite his family’s strong ties to boxing, Miguel began boxing as a child as a way to lose weight, never expecting it to lead to a successful career. Cotto eventually made his way to Caguas’ Bairoa Gym, where he honed his skills. It was clear early on that he had the makings of a great boxer, and he quickly rose to the top of the amateur ranks.
Private Life | Family
Miguel Angel Cotto Vzquez’s marital status
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Career
He became the first and only Puerto Rican to win titles in four different weight classes during his amateur boxing career, which began in the lightweight and light welterweight divisions. He is the current WBC & The Ring World Middleweight Champion. In 2001, he began his professional career. In 2004, he defeated Kelson Pinto to win the WBO junior welterweight title. Cotto successfully defended his title six times.
Cotto has fought in a number of notable fights and is widely regarded as one of the best fighters in the world. One of his most memorable fights was against Floyd Mayweather Jr. in 2012. One of his most memorable battles. His second most famous match was in 2011 with Antonio Margarito, which netted him nearly $5 million in PPV profits.
In previous fights prior to 2009, Cotto earned more than $20 million against many notable boxers, including Michael Jennings, Manny Pacquiao, and Antonio Margarito. He has also received numerous endorsements for an undisclosed fee from companies such as GlaxoSmithKline. When he faced Saul Alvarez in 2015, he was paid $15 million.
Miguel Cotto’s net worth is estimated to be approximately $25 million.
Highlights
Here are some of Miguel Cotto’s best moments:
- Pan American Games (1999)
- Cotto defeated Kelson Pinto (2004)
- Cotto successfully defended his WBO welterweight title (2009)
Fighting Technique
Miguel Cotto was dubbed a “pressure fighter” early in his career. This boxing style is characterized by an abundance of strikes, stamina, and power. During his early years, Cotto relied on his knockout power, combining speed, toughness, and head movement to win.
Miguel’s style became more refined as his career progressed, and he began to adopt a more boxer-puncher approach. His hand speed and jab combinations improved, as did his counter-punching abilities. Defense became a higher priority for Cotto, though he could still bring tremendous power when needed. This was viewed as a necessary evolution for Miguel, especially as his mobility began to deteriorate as he grew older.
Endorsements of Brands
Miguel has teamed up with Eck Unltd., a brand that chose Cotto as its boxing ambassador due to his “fearless” demeanor. As a result of this collaboration, Eck Unltd. began producing boxing gear for Cotto as well as clothing accessories for the general public.
Money for Fighting
Miguel Cotto’s biggest payday came from his fight against Floyd Mayweather Jr. in 2012. Cotto walked away with an estimated $8 million in pay, plus a cut of the PPV profits. Given that the fight grossed $94 million in PPV sales alone, it’s reasonable to assume that Cotto’s cut was significant. He made $5 million in 2011, plus his usual share of PPV profits.
He also received a $15 million purse for his fight against Saul Alvarez in 2015. Although this is a higher pay cut than his fight against Floyd Mayweather Jr., he most likely earned more overall from the Mayweather fight due to PPV earnings. He has earned more than $20 in purse money alone from various fights since 2009.