As we previously reported, Jay bet Oscar a cool $100k that his Roc Nation Sports fighter Miguel Cotto would beat Oscar’s Golden Boy Promotions fighter Canelo Alvarez during their big bout this past weekend.
Canelo won … and now, we’ve confirmed that Jay has already paid up.
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.”
Can you say Jay Z really lost, though, considering…
Photo: Kevin Mazur – Getty Images/Roc Nation Sports/Golden Boy Promotions