I can see Cotto fighting and beating them all, but the only way that Mayweather vs Cotto happens is if all of the following bouts happen and go to plan:
Cotto beats Margarito,
Mayweather beats De La Hoya again,
Cotto beats De La Hoya,
Floyd beats Hatton again,
From Mayweather's perspective this is perfect. He gets huge paydays against big name opponents who claim they were unlucky in the first bout (De La Hoya thought he won, Hatton thought Cortez robbed him) knowing he will more than likely beat them again. Cotto makes himself a household name and damages himself at the same time by beating two tough opponents.
Mayweather is prepared to risk it all under these circumstances only.
Cotto beats Margarito,
Mayweather beats De La Hoya again,
Cotto beats De La Hoya,
Floyd beats Hatton again,
From Mayweather's perspective this is perfect. He gets huge paydays against big name opponents who claim they were unlucky in the first bout (De La Hoya thought he won, Hatton thought Cortez robbed him) knowing he will more than likely beat them again. Cotto makes himself a household name and damages himself at the same time by beating two tough opponents.
Mayweather is prepared to risk it all under these circumstances only.
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