November 14, 2015, New York City The hotly anticipated Miguel Cotto vs. Canelo Alvarez match has just increased in momentum after a $100,000 bet was announced between rap mogul Jay Z and former professional boxer, Oscar De La Hoya. Jay Z, the Roc Nation Sports founder, is backing his fighter, Cotto, while De La Hoya’s Golden Boy Promotions is supporting fellow fighter, Alvarez. The defeated will donate $100,000 to Jay Z’s Shawn Carter Foundation or the cancer unit at White Memorial Medical Center, in which De La Hoya is affiliated. The pay-per-view match is being held next Saturday, November 21, at the Mandalay Bay Events Center in Las Vegas, according to Boxing Junkie.
Check out a promo clip for the fight below.
https://www.youtube.com/watch?v=CAgqe60daYk