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Miguel Cotto Vs. Antonio Margarito II Is A “Go,” But Only After A Near-Meltdown

Boxing fans, Top Rank Promotions and the New York State Athletic Commission can all breath a big sigh of relief. This afternoon junior middleweight Antonio Margarito was given the all clear to fight in New York after an eye exam by an independent doctor. Miguel Cotto vs. Margarito II will happen at Madison Square Garden on Dec. 3.

Make no mistake, this was nearly a meltdown of the highest level. Nearly 15,000 tickets had already been sold, for a live gate approaching $2.5 million. Add to that the hotels and airfares of traveling fans and you are starting to look at a major economic disaster for all involved.

That was even before Cotto this morning refused to fight anywhere but New York. That caused Top Rank to freak out and end a media call. But if Margarito hadn’t been licensed and Cotto kept up his refusal, things would have gone Fukushima, with emphasis on the first syllable.

Cancelling the pay-per-view could have been the result. No one would have got paid. Not Top Rank. Not HBO. Not Cotto. Not Margarito. Not the undercard boxers, including lightwiehgt Brandon Rios and junior middleweight Pawel Wolak, who would have slaved in training camps only to have the rug pulled from under them at the last minute. It might have ruined New York’s reputation as a fight town for years.

In short, it would have been one of the worst debacles in this history of a sport famous for them. The disaster has been avoided, but the questions of who is culpable for the mess should remain. At the very least, so that something like this will not happen again just two weeks out from a major pay-per-view. Or any boxing event, for that matter.

Cotto was well within his rights to refuse to move with the show. He signed on the basis that it would take place in the Garden, a Puerto Rican stronghold. Moreover, as he stated, if Margarito wasn’t licensed in NY then he probably shouldn’t be fighting anywhere. None of this had anything to do with him. Some suggested Cotto’s stance was a play for more money or a way to avoid a fight that he never wanted in the first place. That’s pure speculation, and I’d suggest that if he didn’t want the fight, he would have chosen not to be involved from the get go.

The question of who should shoulder the guilt between Top Rank Promotions and the NYSAC has already been debated, almost ad nauseum. TQBR suspects that when the smoke clears, there will be plenty to go around. There are those scribes and fans who have already jumped to favour one side or the other.

Maxboxing’s Steve Kim for instance, who was early to point the finger at the NYSAC, suspects that the commission was playing chicken with Top Rank, hoping that they’d sub out Margarito for another opponent. In his view, Top Rank has bravely stood up to the ?Kangaroo Court of Gotham City.? He then quotes an anonymous ?insider? at length who largely contradicts that theory, but does shed light on some of the political pressures involved. Kim goes on to say that ?We can all act like concerned citizens,? but if medically damaged fighters want to fight, we should be able to watch them. Not even enough time to address that worrying viewpoint here.

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