an excerpt from Dan Rafael's article yesterday...
Arum, who turns 79 on Wednesday, would not go in the details of their discussions but told ESPN.com, "We couldn't come to terms. I talked to the Cotto people. They wanted particular terms and Lou wasn't agreeable. Lou wanted to do a percentage deal and Cotto didn't want to do a percentage deal. Cotto wanted to do a big number for Martinez plus an upside of the pay-per-view. I do whatever my fighters want. If Cotto wanted to fight Martinez on any particular grounds, as long as I could make some dough, of course, I would do it, not even a question.
Comment