'Mile High Mike' Alvarado Sees 2 Fingers As 4, Loses In TKO To Rios

BROOMFIELD, Colo. (CBS4) - Denver boxer Mike Alvarado lost Saturday night's fight against Brandon Rios at the 1stBank Center in Broomfield.

The fight was stopped in the third round after a doctor put up two fingers in front of Alvarado's face and asked, "How many?" Alvarado responded, "Four."

Rios (33-2-1) won against Alvarado (34-4) by technical knockout. Rios called it "my best fight ever."

"Our careers were on the line," Rios said. "I had to prove to everybody that I'm here to stay."

PHOTO GALLERY: Mike Alvarado Loses Rubber Match To Brandon Rios

It was Alvarado's second loss in three fights between the two boxers.

Rios won $850,000 for the win and Alvarado took home $785,000.

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Mike Alvarado (credit: Denver Police Department)

Alvarado's loss comes as he faces felony weapons charges in Denver. He was arrested after an officer saw him with a gun in his car. As a previous offender it's illegal for Alvarado to have a firearm.