According to WBO president Francisco "Paco" Valcarcel, WBO welterweight champion Miguel Cotto will still have pay a sanctioning fee to the WBO, even if the title is not on the line against Manny Pacquiao on November 14 at the MGM Grand in Las Vegas. Cotto, as champion, has to pay the WBO a minimum of $1,000 and a max of $150,000.
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