Miguel Cotto and Bob Arum will be working together for at least two more years, as the welterweight superstar has re-signed with Top Rank as part of the deal to fight Manny Pacquiao in November. (via assets.espn.go.com)

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Miguel Cotto has re-signed with Top Rank for two more years as part of his deal to fight Manny Pacquiao in November. The new deal figures to last through 2011.

It's not a surprise that Arum and Top Rank would want assurance that Cotto wouldn't bolt for Golden Boy or anyone else if they were going to put the Puerto Rican star in against their top cash cow Pacquiao. It's good business. If Cotto does beat Pacquiao, they want to know they've got the man who beat the man. if he had beaten Pacquiao and gone to the rival company, that would've been awful business for Top Rank.

• Rick Reeno reports that Steve Forbes will likely sign a deal with promoter Lou DiBella in the near future. It would seem natural that he'll return to 140 pounds instead of continuing to put himself in at 147 against guys he can't beat, but I don't think he's really a top 15 or 20 guy at 140 either. Frankly, he's old and just not quite good enough to compete at the top level of what has become a fairly loaded division.
• 135-pound prospect/contender Anthony Peterson will be part of Top Rank's "Pinoy Power 2" pay-per-view on August 15, taking on Luis Arceo (21-8-2, 14 KO).
• As was noted in the comments on a notes update yesterday, Enzo Maccarinelli is denying that he's retired, and by "is denying" I mean "says he isn't retiring," because only he would really know. Honestly I don't know what more there is for him to do unless something drastically changes. He doesn't look like he can take a shot anymore, and basically said as much after his loss on Saturday. He doesn't sound confident whatsoever now. But hey, all the best to him, I hope he comes back strong.