Jay Z Celebrates Scoring Big Off Bet

(Not only is Cotto Jay-Z’s Roc Nation Sports client, but Jay-Z put up a whopping $100,000 against Oscar De La Hoya that says Cotto will win. If Cotto loses, Jay has to donate the $100,000 to the White Memorial Medical Center’s cancer unit. However, if Oscar’s client, Alvarez, comes out on top, Oscar has to cough up $100,000 towards Jay’s Shawn Carter Foundation.

Miguel Cotto will be fighting Canelo Alvarez next week in Vegas, and it’s in Jay-Z’s best interest if Cotto ends the match victoriously. Let’s get ready to rumble! The fight airs live on HBO pay-per-view from Las Vegas on November 21st.