According to Primera Hora (link in English via BoxingScene.com), Golden Boy Promotions head Oscar de la Hoya and Top Rank superstar Miguel Cotto got together for a round of golf in Puerto Rico, where both live. Cotto claims it was a "chance meeting," and that there was no boxing discussed. Many in the press down there aren't buying it, as Cotto's Top Rank contract is reportedly expiring in six months. You may recall earlier this year he was greatly upset by the company's decision to defend Antonio Margarito after he was caught tampering with his gloves prior to a fight with Shane Mosley.
I'm not buying "chance meeting," either. I mean, sorry, but Oscar de la Hoya and Miguel Cotto probably don't just turn up at the same golf course at the same time and decide to play together. There is also no way boxing wasn't discussed. Like Oscar might not at least say, "Hey, when you fight Manny Pacquiao, don't stand there and let him hit you in the face a trillion times. Did not work for me. All I'm gonna say."
But the conspiracy theories? Hell, they're valid. Even if Cotto has no real intention of leaving Top Rank, a man in his position would have to look at all the options, and only Golden Boy is a worthwhile option other than ArumCo.
In the short term, it probably means nothing, but it could mean a little down the line.