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Margarito unhappy with $2M offer, passes on Mosley fight

Updated: November 19, 2008, 5:59 PM ET
By Dan Rafael | ESPN.com

Welterweight titleholder Antonio Margarito has passed on a proposed Jan. 24 HBO fight against former champ Shane Mosley, Top Rank's Todd duBoef told ESPN.com Wednesday.

"We're not doing the Mosley fight," said DuBoef, whose company promotes Margarito. "I got an email from the managers [Sergio Diaz and Francisco Espinoza] saying that they are passing on the fight. They want to evaluate other situations that may be more lucrative."

Top Rank and Mosley promoter Golden Boy had agreed ...

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