By Jason Kim: Former two-time welterweight champion Antonio Margarito (38-7, 27 KO’s) and Miguel Cotto (36-2, 29 KO’s) will be fighting a rematch in the summer months in fight that will take place in either New York or possibly in Las Vegas, Nevada.

The ideal place for the fight is in New York, which would be ideal because it would take advantage of the large Puerto Rican population that would likely flock to see Cotto fight Margarito in their rematch.

Margarito and Cotto previously fought in July 2008 with Cotto being knocked out in the 11th round by Margarito. However, the venue that they would like to fight the rematch in, Madison Square Garden, is reportedly undergoing renovations right now and that might make it difficult for a fight to be made in the summer.

The MGM Grand in Las Vegas, Nevada is keen on putting on the Cotto-Margarito fight and no doubt see the huge amount of fans that this fight would draw. However, Margarito doesn’t have a boxing license in the state of Nevada and has previously been rejected for one in the state.

For that fight to take place in that venue, the Nevada Athletic Commission will have to grant Margarito a boxing license to fight in their state. In an article at Philboxing.com, Lee Samuels of Top Rank had this to say about Margarito getting licensed in Nevada: “If not, we’ll find someplace else.”

The only place where Margarito is licensed to fight is in Texas. However, Cotto vs. Margarito isn’t a big enough fight to put in the Texas stadium. They would have to pack the card with a lot of other fighters like Julio Cesar Chavez Jr. for the Cotto –Margarito fight to bring in big enough numbers to justify putting it back in the Cowboys stadium.