| Net Worth | $25 million |
|---|---|
| Salary | N/A |
| Birthdate | October 29, 1980 |
| Birthplace | Providence, Rhode Island, United States |
| Gender | Male |
| Height | N/A |
| Profession | Boxer |
| Nationality | Puerto Rican |
What is Miguel Cotto’s Net Worth?
Miguel Cotto, a Puerto Rican-born boxer, has amassed a net worth of $25 million. His successful boxing career spanned from 2001 to 2017, during which he won multiple world championships. Cotto is renowned for being the first Puerto Rican boxer to claim world titles in four different weight classes, ranging from light welterweight to middleweight.
Highlights
– Miguel Cotto has a net worth of $25 million.
– He won world titles in four different weight classes.
– Cotto’s career spanned from 2001 to 2017.
– He represented Puerto Rico in the 2000 Olympics as an amateur fighter.
– Cotto is known for his victories and title defenses.
Early Life
Miguel Ángel Cotto Vázquez was born on October 29, 1980, in Providence, Rhode Island, although he relocated to Puerto Rico with his family before turning two years old. Boxing runs in his family, with his late father, Miguel Cotto Sr., his brother Jose Miguel Cotto, his second cousin Abner Cotto, and his uncle Evangelista Cotto all having been professional boxers at some point.
Cotto initially started boxing as a way to lose weight as a child, never anticipating it would lead to a successful career. His skills were honed at the Bairoa Gym in Caguas, Puerto Rico, where it became evident that he had the potential to become a top boxer. He quickly rose through the ranks as an amateur fighter, representing Puerto Rico in various championships.
Career
After his amateur career, Cotto turned professional, with one of his early victories coming against John Brown, a former world title contender. However, his professional career was almost derailed when he suffered an arm fracture in a car accident in 2001. Despite this setback, Cotto made a successful comeback in 2003 and went on to achieve numerous impressive victories.
Cotto claimed titles in different weight classes throughout his career. He won the WBO light welterweight title in 2004 and the WBA welterweight title in 2006. He also held the WBO welterweight title and the WBA light middleweight title. Cotto faced renowned opponents such as Antonio Margarito, Manny Pacquiao, and Floyd Mayweather Jr.
Following his fight against Mayweather in 2012, Cotto’s career began to decline, and he suffered several disappointing results. He eventually decided to retire in 2017.
Personal Life
Details about Miguel Cotto’s personal life, such as his height, are not available in the provided content.
Net Worth Over Time
Miguel Cotto’s net worth of $25 million was accumulated throughout his boxing career, which started in 2001 and ended in 2017. His net worth might have fluctuated over time due to various factors, including fight purses, endorsement deals, and investments.
Components of Net Worth
Miguel Cotto’s net worth is primarily derived from his successful boxing career. His earnings come from fight purses, endorsement deals, and investments.
One of Cotto’s significant paydays was his 2012 fight against Floyd Mayweather Jr., during which he earned an estimated $8 million plus a share of the pay-per-view (PPV) profits. Cotto also had other lucrative fights that contributed to his net worth, such as his bout with Saul Alvarez in 2015, in which he earned a purse of $15 million. Additionally, Cotto has endorsed the brand Eckō Unltd., which has produced boxing gear and clothing accessories featuring his name.
It is important to note that the mentioned net worth and financial information are based on publicly available sources and estimated figures. The actual net worth might differ.
Sources:
– https://www.celebritynetworth.com/richest-athletes/richest-boxers/miguel-cotto-net-worth/