Puerto Rican Miguel Cotto may have been stripped of his World Boxing Council (WBC) middleweight title because of his refusal to pay the boxing organization’s outrageous fees, but the 160-pound throne will still be on the line when he takes on Mexican slugger Saul ‘Canelo’ Alvarez this weekend in Las Vegas, Nevada.

Alvarez (45-1-1, 32 knockouts) will be crowned new WBC middleweight champion if he defeats Cotto. In the event Cotto (40-4, 33 knockouts) prevails, the WBC throne will remain vacant and reigning interim champ (yes, despite having a regular champ the WBC still maintains an interim champ) Gennady Golovkin (34-0, 31 knockouts) will be promoted to regular champ status. Cotto chose not to keep the belt after the WBC assessed him a whopping $1.1 million in fees. Cotto was to give the WBC $300,000 as sanctioning fee and Golovkin $800,000 as “step-aside fee.” Golovkin was the mandatory challenger to Cotto’s title and the “step-aside” fee, literally speaking, is the cash needed for Golovkin to give way to the richer Cotto-Alvarez showdown.

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