By Rick Reeno

Bob Arum of Top Rank announced that WBA welterweight champion Miguel Cotto will defend his title against Antonio Margarito on July 26 at New York's Madison Square Garden. The fight is expected to land on HBO pay-per-view.

"That's the plan we have. That's the fight we want to make. Both of them want the fight. I will talk with both guys and make sure they are healthy and have no injuries from tonight. This is the kind of fight that boxing needs. No old fighters. No 24/7. No fighters dropping F-bombs and no fighters going to nightclubs and throwing money around," Arum said.

Although Margarito knocked out Kermit Cintron for the IBF title, Arum says that Margarito will likely vacate the title. Prior to the Margarito-Cintron rematch, the IBF issued an order for the winner to fight the mandatory, Joshua Clottey. Clottey is also promoted by Top Rank.

"The IBF made an order for the winner to fight Clottey. One title is more than enough for any fighter. I expect that Margarito will vacate the title and Clottey will fight for the vacant the title," Arum said.