--- 1. Cotto's looking for Antonio Margarito and Oscar de la Hoya. There were also talks of a fight against Joshua Clottey. The Interim champ of his title, a russian boxer, also wants a shot. Cotto does what Arum tell him to do, and Arum wants him to face De la Hoya and Margo. 2. Mayweather said he's going to rest for some time (9-15 months) and then comeback. However, he said he was going to retire after the Oscar fight and he cameback inmediately. You can't trust Floyd.
I pray that Cotto beats De La Hoya if they fight, otherwise we get Mayweather-De La Hoya II. I don't care much to see that. Arum and Mayweather can't stand each other so it would be hard to work things out, but I think Arum and Mayweather like money more than they hate each other. Cotto's popularity and exposure greatly increases with a win over DLH. HBO will probably push for it. I think we'd see it in late 08' if Cotto beats DLH (if they fight).
In the immediate future...Not likely! If Cotto continues to win, and Mayweather does not retire this fight is about 1+ years away. I would say a build up and a fight in about 18 mos. is most likely?