- Dan Rafael, ESPN Senior Writer
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LAS VEGAS -- I had a chance to scribble down the purse figures for the main fighters on the HBO PPV card from the MGM Grand on Saturday night, thanks to Nevada State Athletic Commission executive director Keith Kizer, whom I had a chance to talk to at Wednesday's final news conference for the Floyd Mayweather Jr.-Miguel Cotto fight.
Mayweather's official purse won't be disclosed to the commission until Thursday, Kizer said. Whatever the figure is, Mayweather will earn much more because of his hefty participation in the pay-per-view profits.
Cotto, who is defending his junior middleweight title, will earn $8 million, according to his Nevada contract. However, he will also earn much more because of his upside on the pay-per-view profits.
Also on the card, junior middleweight titlist Saul "Canelo" Alvarez will earn $1.2 million, while challenger and former champ Shane Mosley will receive $650,000.
Welterweight prospect Jessie Vargas' purse is $125,000, while his last-minute opponent, Steve Forbes, will get $40,000.
In the opening PPV fight, junior middleweight Deandre Latimore will make $55,000. His opponent, former welterweight titlist Carlos Quintana, will make $23,000.
Also, according the Nevada commission, Mayweather and Alvarez will wear 10-ounce Grant gloves for their bouts, while Cotto and Mosley will wear 10-ounce Everlasts. All fights in Nevada above 147 pounds require 10-ounce gloves.