Jay Z Loses Bet on Cotto/ Canelo Fight

thecarters_bey_jayLooks like Cotto wasn’t the only person who took an L this Saturday (Nov 21). We hear Hov took a loss too.

Hov of course placed his money on Cotto who recently joined Roc Nation Sports in March. Canelo won the 12-round bout by the judges’ scores of 119-109, 118-110 and 117-111.

The fight was sponsored by Roc Nation Sports, Oscar De La Hoya’s Golden Boy Promotions, and the forthcoming movie Creed.

Jay Z and De La Hoya bet each other $100,000 on the match, according to a press release. Per the agreement, Jay Z will donate $100,000 to De La Hoya’s charity of choice, the cancer unit at White Memorial Medical Center.

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