Cotto vs Margarito Saga Continues: Antonio Margarito Reportedly Licensed in Texas This Morning

Antonio Margarito could be returning to Texas, where this happened to his face against Manny Pacquiao. (Photo by Nick Laham/Getty Images)

Chris Mannix of Sports Illustrated has more on the ongoing saga that is the Miguel Cotto vs Antonio Margarito rematch, scheduled for December 3. According to Mannix, Texas licensed Margarito this morning, which may point to the fight being moved to Cowboys Stadium or San Antonio, as previously rumored.

Margarito (38-7, 27 KO) is likely being denied his license in New York, which hasn't been made official yet, but making it official is about all that remains. If Top Rank believed that Margarito would be licensed in New York after yesterday's closed-door hearing, they wouldn't have gone to Texas at all, and all of these venue rumors wouldn't be floating.

[ Related: Cowboys Stadium, San Antonio, Denver Possible ]

For those wondering why New Jersey, which is of course next door to New York, isn't being considered, it's pretty simple. Jersey may simply not want to make a spectacle of licensing a fighter that New York won't. It could be a political move. Crossing the New York commission wouldn't help them out in any way, and frankly, the medical concerns about Margarito are probably very legitimate.

This all should have been sorted out a long time ago, at any rate. The fight looks like it has to move, HBO is reportedly furious over all of this (and rightly so), and Texas appears the likely destination.

I wonder how Miguel Cotto feels about all of this? MSG was supposed to be his home field, and he's losing that.

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