Bob Arum told El Nuevo Dia ( PR newspaper) that Floyd has until next Friday to sign the contracts for a Pac fight. If that doesn't happen Manny will fight Cotto at 154 . Judging by Arum's comments looks like Margarito has been ruled out even though there were reports yesterday of team Pacman willing to fight Margarito outside the US. This was Arum's exact quote :
They have until Friday to sign ( Mayweather ). If they say no we'll go with a Pacquiao - Cotto rematch at 154 but we have to wait.
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