Miguel Cotto Net Worth – $25 Million

What is Miguel Cotto’s net worth?

Miguel Cotto’s net worth as of October 2022 is about $25 Million.

Net Worth:

$25 Million

Age:

41

Born:

October 29, 1980

Country of Origin:

United States of America

Source of Wealth:

Former Professional Boxer

Last Updated:

October 19, 2022

Who is Miguel Cotto ? What is his Profession?

A former professional boxer from Puerto Rico is named Miguel Cotto.

From 2001 to 2017, he was a competitor. Cotto has won many world championships and is the only boxer from Puerto Rico to do so in four different weight divisions.

He peaked as the sixth most active person for every pound in The Ring magazine’s rankings in 2007 and 2009.

He started his professional career in 2001 and won the WBO light welterweight championship in 2004 by defeating Kelson Pinto. Although he competed for Puerto Rico as an amateur in the lightweight and light welterweight weight classes.

Miguel Cotto’s estimated net worth as of October 2022 is about $25 Million.

How was the Early life of Boxer Miguel Cotto?

In Rhode Island, Miguel Angel Cotto Vazquez was born on October 29, 1980.

Cotto was born in Caguas, Puerto Rico, to Puerto Rican parents. Cotto started boxing as a kid to shed weight; he had no idea it would become his career. He was brought to Caguas’s Bairoa Gym.

Cotto took part in a lot of international competitions. These include the Buenos Aires 1998 Junior World Championships, where he competed in the Lightweight division and came in second.

Cotto participated in the Pan American Games that were held in Canada in 1999. He only competed once, losing by points to Canadian Dana Laframboise with a final score of 2–5.

Professional Career of Boxer Miguel Cotto

He earned the distinction of being the first and only Puerto Rican to win titles in 4 different weight classes via his amateur boxing career, which began in the lightweight and light welterweight divisions. He is currently the WBC & The Ring World Middleweight Champion.

In 2001, he began his professional career. He defeated Kelson Pinto in 2004 to win the WBO junior welterweight title. Six times in total, Cotto successfully defended his title.

Cotto is recognized as one of the best fighters in the ring and has participated in a number of noteworthy contests. In 2012, he fought Floyd Mayweather Jr. in one of his most famous matches. One of his most enduring battles was this one.

His second-most well-known match, which took place in 2011, featured Antonio Margarito and netted him nearly $5 million in additional PPV profits.

Cotto has won fights against numerous renowned fighters, including Michael Jennings, Manny Pacquiao, and Antonio Margarito, for more than $20 million prior to 2009. Additionally, he has gotten numerous endorsements from companies like Glaxo Smith Kline for an undisclosed sum. When he faced Saul Alvarez in 2015, he received a $15 million purse.

Miguel Cotto’s estimated net worth as of October 2022 is about $25 Million.

How was the Miguel Cotto’s Boxing Style?

Miguel Cotto was regarded as a “pressure fighter” early in his career. This boxing technique uses an excessive number of punches and is powerful and long-lasting. During these early years, Cotto relied on his knockout power to prevail, combining speed, tenacity, and head movement.

Miguel’s style evolved throughout his career, as he began to use a more boxer-puncher strategy. His hand speed, jab combos, and counterpunching abilities all increased. Cotto began to put more emphasis on defense, even if he could still exert a ton of power when called upon. For Miguel, this was considered as a necessary evolution, especially as his mobility began to deteriorate with age.

Endorsements of brands of Miguel Cotto

Miguel has teamed up with Eck Unltd., a company that selected Cotto as its boxing-related ambassador owing to his “fearless” demeanor. Eck Unltd. produced boxing equipment expressly for Cotto as a result of their collaboration, in addition to clothing accessories for the broader public.

Fighting money of Miguel Cotto

The 2012 bout between Miguel Cotto and Floyd Mayweather Jr. brought in the most money for him. Along with his reported $8 million salary, Cotto also received a cut of the PPV earnings. Given that PPV sales for the bout alone totaled $94 million, it is logical to assume that Cotto’s portion was significant.

He received $5 million in 2011 in addition to his customary PPV profit split. In addition, he received a $15 million payday following his 2015 loss to Saul Alvarez. Even though this sum is larger than what he received for his bout with Floyd Mayweather Jr., he most likely made more money overall from that fight owing to the PPV revenue. He has amassed more than $20 in prize money from different fights since 2009.

Fighting Career Highlights of Miguel Cotto

Here are some of Miguel Cotto’s greatest career high points:

  • Games of the Americas (1999)
  • Cotto triumphed over Kelson Pinto (2004)
  • The vacant WBO welterweight belt was won by Cotto (2009)

What are the best Miguel Cotto’s  quotes?

“Everything happens at the time it needs to happen. I do not push destiny. Boxers take different paths in their career, and those roads don’t always come together.” – Miguel Cotto

“We as fighters always want to fight the best possible opponents and the best fights. We want the fans and media to be excited about the fights that we have. I now believe that this is a big fight and people want to see it. I’m not sure that was the case a few years back.” – Miguel Cotto

“After 14 years in boxing, the best decision I could have made was to take the last year off. My mind was not in boxing, but since I got here with Freddie, everything is working perfectly again. Boxing is all I know. Boxing is my life. Through boxing, I raised my family, and I work to provide the best future for them. They are the reason I love boxing.” – Miguel Cotto

“My team members are Hector Soto, who is a boxing promoter and Vice-president of Miguel Cotto Promotions. He runs all my business. He was the person that my father left in charge of it all. Bryan Perez is my right-hand man.” – Miguel Cotto

“Some of our best fighters are not only Puerto Rican greats but all-time greats of the sport. Carlos Ortiz, Wilfredo Gomez, Wilfredo Benitez and Felix ‘Tito’ Trinidad and many others have made Puerto Rican boxing what it is today, and I am only an extension of their greatness.” – Miguel Cotto

“To be the first Puerto Rican to win a world title in four divisions would be an achievement. Gomez, Benitez, there have been a lot of good fighters from Puerto Rico before me. When I started boxing, Tito Trinidad was our big star.” – Miguel Cotto

3 Life Lessons from Miguel Cotto

Let’s look at some of the things we can learn from Miguel Cotto now that you are familiar with his success and net worth:

 1. Work Hard

If you have the patience to see anything through, hard work pays rewarded.

2. You’ll be alright

Most of the time, life is rewarding, but persevere and you’ll be OK.

3. Be patient

Hard work and perseverance pay rewards. Never question them or lose hope in them.

Questions and Answers

What is  the Miguel Cotto’s net worth ?

It is estimated that Miguel Cotto is worth $25 million.

What is Miguel Cotto’s age?

Miguel Cotto, who turned 41 years old on October 29, 1980, was born.

What is Miguel Cotto’s height?

Miguel Cotto is 5 feet 7 inches tall, or 1.70 meters.

Summary

Boxer Miguel Cotto is from Puerto Rico. Cotto was born in Puerto Rico’s Caguas.

Along with Félix Trinidad, Wilfred Benitez, Hector Camacho, Wilfredo Gomez, and Carlos Ortiz, he is regarded as one of the top Puerto Rican boxers.

In 2001, he turned professional. His impressive professional boxing record displays a total of 41 victories out of 47 fights, with 33 victories coming by knockout and 8 victories coming by decision.

Miguel Cotto’s net worth as of October 2022 is about $25 Million.