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====Mosley vs. Vargas I, II==== In November 2005, negotiations were complete and a fight between Mosley and former light middleweight champion [[Fernando Vargas]] (26-2, 22 KOs) was confirmed as a WBA light middleweight title eliminator. The fight was scheduled to take place on February 25, 2006, live on HBO PPV at the Mandalay Bay in Las Vegas.<ref>{{Cite web|url=https://www.espn.com/sports/boxing/news/story?id=2234023|title=Stars align: Vargas, Mosley ready for Feb. 25 rumble|date=2005-11-23|website=ESPN.com|access-date=2017-04-04}}</ref><ref>{{Cite web|url=https://www.espn.com/sports/boxing/news/story?id=2234023|title=Stars align: Vargas, Mosley ready for Feb. 25 rumble|date=2005-11-23|website=ESPN.com|language=en|access-date=2019-05-08}}</ref> Mosley was guaranteed $3 million from the fight plus percentages of the PPV revenue. Mosley won the bout via 10th-round technical knockout after Vargas' left eye was completely closed. Vargas claimed the cut and closure of his eye was not due to a punch, but because of clash of heads. At the time of stoppage, two judges had Mosley was ahead on two cards at 86-85, 86-85 and the third judge had Vargas ahead 86-85.<ref>{{Citation|last=DoDbIP TB|title=Shane Mosley vs Fernando Vargas (1st fight) / Шейн Мосли – Фернандо Варгас (1й бой)|date=2013-10-15|url=https://www.youtube.com/watch?v=PM2LXI9hnbo| archive-url=https://web.archive.org/web/20170410175949/https://www.youtube.com/watch?v=PM2LXI9hnbo| archive-date=2017-04-10 | url-status=dead|access-date=2017-03-23}}</ref> The fight exceeded financial expectations generating 415,000 buys and $18.6 million in revenue.<ref name=":0">{{Cite web|url=https://www.espn.com/sports/boxing/news/story?id=2525430|title=Mosley-Vargas fight can't match first bout on PPV|date=2006-07-20|website=ESPN.com|language=en|access-date=2019-05-08}}</ref> A rematch was made to take place on July 15 at the [[MGM Grand Garden Arena]] in Las Vegas. Mosley was to earn $4 million plus a percentage and Vargas had a base purse of $3 million plus upside on the pay-per-view.<ref>{{Cite web|url=https://www.espn.com/sports/boxing/news/story?id=2518605|title=Mosley, Vargas not seeing eye-to-eye for rematch|date=2006-07-15|website=ESPN.com|access-date=2017-03-23}}</ref> Mosley floored Vargas with a left hook in the sixth and Vargas had a very hard time in getting up. Referee Kenny Bayless stopped the fight moments later. At the time of the stoppage, Mosley had won every round on all three judges' cards. Mosley was quicker than Vargas, easily winning rounds with his speed and combinations. At the time of stoppage, the scorecards were much more close than the first fight with Mosley winning 5 rounds to non on all three scorecards. The attendance for the bout was 9,722. After the fight Mosley said, "When I was in the ring I remembered watching Oscar fight Vargas, and he threw that perfect left hook. I was bouncing around and I saw the opportunity and I threw the perfect left hook." Mosley also talked about moving back down to welterweight.<ref>{{Cite web|url=https://www.espn.com/sports/boxing/news/story?id=2498164|title=Mosley TKOs Vargas in rematch|date=2006-07-20|website=ESPN.com|access-date=2017-03-23}}</ref> HBO confirmed the bout did 350,000 buys, generating $17.5 million in revenue.<ref name=":0" />
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