" title shot = A shot at the title It means he has a chance to enter and win a title match. Boxing and wrestling titles are awards like "World Heavyweight Champion" When a basketball player takes a shot at the basket, he throws the ball towards the basket, hoping that it will go through the hoop. That scores points which can win a game.
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Anonymous"If he won the fight, it would set him up for a title shot."title shot = A shot at the title