With his Top Rank contract having expired on December 31, Miguel Cotto is a true free agent at this point, but as previously noted, there's no reason to expect he's going to sign with Golden Boy Promotions or anything like that. Most likely, Cotto will be working with Top Rank on a handshake deal, a fight-by-fight basis, with his career-long promoters still at his side.

What does change is that Cotto now has a lot more control over where his career goes. He's not going to have to take any fight he doesn't want to fulfill a contractual obligation. Everything Miguel Cotto does from here on out will be 100% stamped for approval by Miguel Cotto.

Cotto says that fights with Manny Pacquiao, Floyd Mayweather Jr, Julio Cesar Chavez Jr, and Canelo Alvarez are all possible. Every single one of them is a big money fight.