By Rick Reeno
According to legal adviser Gaby Peñagarícano, former three division world champion Miguel Cotto (37-3, 30KOs) is planning to stage a press conference in Puerto Rico, in the coming weeks, to discuss this past Saturday's decision loss to Floyd Mayweather Jr. (43-0, 26KOs) and his future plans for 2012.
At the moment, it's not clear if Cotto will fight again in 2012.
"Honestly, I don’t know. We need to wait for the team to meet and for him to make that determination. Obviously he is resting right now. So we'll see when we meet. He will probably discuss that at the press conference," Peñagarícano told BoxingScene.com.
Cotto, a heavy underdog, gave Mayweather a much tougher test than most experts expected. Mayweather called Cotto - "the toughest fighter that I've faced thus far."
"My personal thoughts are it was a great fight, a competitive fight, with many competitive rounds and at the end it was a very close fight. I think Miguel's performance was stupendous, spectacular," Peñagarícano said.
One potential possibility for Cotto is Mexican superstar Saul "Canelo" Alvarez (40-0-1, 29KOs), who holds the WBC's junior middleweight title. Alvarez will headline his own pay-per-view on September 15th at the MGM Grand in Las Vegas, with James Kirkland being mentioned as a possible opponent. Alvarez fought on the Mayweather-Cotto undercard and dominated Shane Mosley over twelve rounds in the pay-per-view co-feature.
"He is in the same division. And who knows, it is a possibility," Peñagarícano said.