Manny Pacquiao underscored his box office magnetism when he and Miguel Cotto drew 1.25 million pay-per-view buys for their fight Saturday night.

That surpasses what Floyd Mayweather did in his fight with Juan Manuel Marquez in September.

It also sets up negotiations for Pacquiao-Mayweather, although the Golden Boy promoters will point out that Mayweather did more business when he fought Marquez than Pacquiao did against the same opponent.

Whatever the reason, we know that boxing, at least the big boxing events, is alive and well.

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