Pacman-Cotto for new WBC belt
The WBC Board of Governors has approved by a unanimous vote that the November 14 welterweight clash between Manny Pacquiao and Miguel Cotto (contract weight 145lbs) will be the first ever for the WBC Diamond Belt. “The Diamond Belt has received a tremendous positive response from promoters and media around the world, and we at the WBC are very excited and proud that this important and historic fight will be the first for the Diamond Belt,” said WBC President Jose Sulaiman. “The WBC will not charge a sanction fee on this extraordinary occasion.”
I think i'm going to throw up!
What the monkey's is this belt needed for? Does anyone know the WBC's reasoning behind it? The piece above mentions they are not taking a sanctioning fee for 'this fight', most likely to try and get this new gimmick title a better reception from fans and media.