By Miguel Rivera

Puerto Rican superstar Miguel Cotto is ready to sit at at the table and work out the terms for a catch-weight showdown with fellow former four division world champion Juan Manuel Marquez (56-7-1, 40 KO's).

Last week, Cotto (40-5, 33 KO's) was hit with a stroke of bad luck when his planned return for February 25th in Texas was canceled.

He was scheduled to face James Kirkland (32-2, 28 KO's) in the main event of an HBO Pay-Per-View card, but Kirkland withdrew after suffering a fractured nose in training camp.

Cotto and Marquez are both looking to retire this year. Marquez wants to have one of two fights before walking off, and Cotto wants to have at least two fights.

The two sides were in talks for several months last year. Their negotiations fell apart after both boxers were unable to get on the same page regarding the catch-weight.

Marquez wanted the fight to take place at the welterweight limit of 147-pounds, while Cotto was firm on the contest taking place somewhere around the middleweight limit - between 150 to 154.

Cotto has now been out of the ring since November 2015, when he lost a twelve round decision to Saul "Canelo" Alvarez at the Mandalay Bay in Las Vegas. Marquez, 43 years old, has been away for nearly three years, with his last fight taking place back in May of 2014, when he won a twelve round unanimous decision over former world champion Mike Alvarado at the Forum in Los Angeles, California.

On Wednesday, Cotto said he was ready to sit down and work out all of the particulars to get a fight with Marquez done. The Puerto Rican boxer confirmed a few days ago that both sides were once again in contact with each other.

Cotto is waiting to receive a new date from his promoter, Roc Nation Sports. As previously reported, Cotto is possibly going to fight on a date in April or June.

"Marquez is a great fight. We should put all of the cards on the table and if the fight can be made, then it will happen," Cotto said to Carlos Gonzalez. "We're still waiting to see what happens with Roc Nation and see what the tide brings."