By Rick Reeno
Sergio Diaz, the manager for Antonio Margarito (38-7, 27KOs), has advised BoxingScene.com that a deal was finally reached for a rematch with WBA 154-pound champion Miguel Cotto (36-2, 29KOs). The fight is going to take place on December 3rd in New York's Madison Square Garden. During the last few days, there was controversy because Cotto's team, according to Diaz, was demanding a catch-weight of 150-pounds and a secondary weigh-in on the day of the fight - with an additional weight requirement for Margarito.
Everything has now been settled and the two sides agreed to fight at a catch-weight of 153, which is one pound below the junior middleweight limit. In 2008, Margarito handed Cotto the first loss of his pro career with an eleven round TKO to capture the WBA's welterweight title.
"The fight is done. We have a deal. It's going to happen on December 3rd at 153-pounds....one pound is better than four pounds. There won't be an additional weigh-on the day of the fight. We claused that out. We told them absolutely no way [on the second weigh-in]," Diaz told BoxingScene.com.