Jay Z is no welsh because he’s ALREADY paid up his debt after betting Oscar De La Hoya that Miguel Cotto would beat Canelo Alvarez. As I reported previously, the Roc Nation Sports owner bet $100,000 that his fighter Cotto would beat Golden Boy fighter Alvarez. Well Alvarez won and Hov had to pony up the cash to the charity of Hoya’s choice.
Oscar tells TMZ Sports the money was wired over immediately and will be used to help people at an L.A. hospital.
“Thanks to Jay Z, thousands of patients at White Memorial Medical Center will also be winners.” Oscar says. “I don’t imagine [Jay’s] excited about losing $100k, but he can take some comfort in knowing that it’s going to a good cause.”
Jay Z and his wife are worth about billion combined, nobody likes losing money but I’m sure he’ll be okay.
