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FootballMiguel Cotto's net worth: How much is the former Puerto Rican boxer worth currently?
Throughout his 17-year career, which began in 2001 and ended in 2017, Cotto won many world titles. He is the first Puerto Rican boxer to win a world championship, from light welterweight to middleweight. Miguel Cotto's net worth significantly increased in the latter stages of his career as he continued to make a name for himself.
On October 29, 1980, Miguel Cotto Vázquez was born in Providence, Rhode Island. He was born in the United States, but his family moved back to Puerto Rico when he was young. Because of this, Miguel grew up in a family with deep roots in the sport of boxing. He comes from many professional boxers, including his late father, Miguel Cotto Sr., brother Jose, second cousin Abner, and uncle Evangelista.
Profile summary
Title | Details |
Full name | Miguel Ángel Cotto Vázquez |
Nickname | Miguel Cotto |
Gender | Male |
Age | 52 years as of 2023 |
Date of birth | October 29, 1980 |
Place of birth | Providence, Rhode Island, United States |
Nationality | Puerto Rican |
Height | 1.7m (5'7") |
Weight | 69kg (152lbs) |
Marital status | Married |
Spouse | Melissa Guzmán |
Children | 2 |
Profession | Professional boxer (retired) |
Net worth | $25 million |
Social media |
Miguel Cotto's biography
The Olympic Games' professional boxer and silver medallist hails from Puerto Rico. On October 29, 1980, Miguel Angel and Almaira Vazquez had their first child. He had an early interest in boxing as a kid and had his first bout when he was just 16 years old.
Miguel Cotto's career
From then, Miguel entered several tournaments as an amateur, including the Junior World tournaments in 1998. He placed second in the lightweight category of the game. After that, he had successful showings in the 2000 Sydney Olympic Games, the Pan American Games, and the Boxing World Championships.
He decided to become a professional after the Olympics. He defeated former world championship candidate John Brown in one of his early bouts. His career, though, was almost cut short before it got started. After being in a vehicle accident in 2001, he broke his arm. He nodded off behind the wheel and crashed at about five in the morning.
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FootballDespite this setback, he would eventually return to the ring in 2003. The WBA ranked him first in the lightweight category when he knocked out Demetrio Ceballos that year.
Before moving to light welterweight, Cotto won several bouts against opponents like Victoriano Sosa and Lovemore N'dou. Miguel won the WBA junior welterweight belt by using a more defensive strategy and defeating Kelson Pinto.
He made the jump to light middleweight. After defeating Yuri Foreman in 2010, he won his fourth championship overall and was able to defend it many times before meeting Floyd Mayweather Jr. in 2012. His career spiralled downward from then as he continued to lose bouts at an increasing rate. By 2017, he had made up his mind to leave active service.
What is Miguel Cotto worth right now?
Miguel's boxing career has been lengthy and successful. He has won world championships in four different weight classes, from turmoil to the light middle to middle to super welter—his tremendous wealth results from his hard work and foresight throughout his long and fruitful career. The bulk of his millions in earnings comes from his successful boxing career.
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FootballBrand endorsements
Eck Unltd., a brand, has chosen Cotto as its boxing ambassador because of his "fearless" attitude, and he has joined forces with the company. As a result of their collaboration, Eck Unltd. began making boxing equipment tailored to Cotto's needs, as well as other apparel and accessories.
Fight money
The fight between Miguel and Floyd Mayweather Jr. in 2012 was his most lucrative. Including his cut of the PPV earnings, Cotto walked away with an estimated $8 million. It is safe to assume he made a sizable chunk of the fight's $94 million PPV revenue. He made $5 million in 2011, on top of his regular PPV earnings.
Even though he lost against Saul Alvarez in 2015, he still walked away with a $15 million purse. This is a more extensive check than he received for his fight against Floyd Mayweather Jr., although the PPV revenue from that bout likely netted him more money. He has fought professionally since 2009 and has raked in over $20 in purse money.
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FootballThe fight between Miguel and Floyd Mayweather Jr. in 2012 was his most lucrative. Including his cut of the PPV earnings, Cotto walked away with an estimated $8 million. It is safe to assume he made a sizable chunk of the fight's $94 million PPV revenue. He made $5 million in 2011, on top of his regular PPV earnings.
Even though he lost against Saul Alvarez in 2015, he still walked away with a $15 million purse. This is a more extensive check than he received for his fight against Floyd Mayweather Jr., although the PPV revenue from that bout likely netted him more money. He has fought professionally since 2009 and has raked in over $20 in purse money.
Miguel Cotto's net worth
Boxer Miguel Cotto, who has been active for almost two decades, is projected to have a net worth of $25 million by 2023. He has boxed at the national level multiple times, winning most of his bouts but losing a few.
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FootballMiguel Cotto's car collection
The professional boxer is an avid motorcyclist and also enjoys driving vehicles. His Lincon, valued at $35,075, and his Triumph Cafe racer bike, retailing for over $15,000, are in his possession.
Miguel Cotto's house
More than a million dollars went towards purchasing his new home in Orland, Florida. The spacious home has a swimming pool, a living room, and 4.5 bedrooms inside its 2,000 square feet of space.
One of the most accomplished modern boxers is Miguel Cotto. He is still young but has accomplished a lot in boxing and has no plans to stop anytime soon. As was previously said, Miguel Cotto's fortune is sure to grow.
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