Michael Marley of the Examiner has some interesting tidbits that qualify more as rumor than true news at this point, but they're worth noting for sure.
The contracts are unsigned although there is verbal agreement on a majority of the vital issues.
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Cotto’s lawyer, Gabriel Penagaricano Jr., has informed both Arum and WBO bossman Paco Valcarcel that Cotto has no desire to risk his belt against Pacman.
The WBO wants the title fight. Arum wants it, in large part because one of the major storylines for this fight is Pacquiao going for a title in an historic seventh weight class. And Pacquiao wants it, obviously.
Pacquiao is currently ranked as the No. 1 contender at welterweight by the WBO, which is shadier than all get-out considering he's fought once with a 147-pound limit in his entire career and it came against a guy who hadn't fought at 147 for the better part of a decade, plus Pacquiao's last fight was at 140, where he's the world champion now. The ranking isn't excusable and there's no logic behind it. It's typical sanctioning body B.S.
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Source: www.badlefthook.com/
By: SC
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