Photo by: Naoki Fukuda

Miguel Cotto has one fight remaining on his contract with Roc Nation, which is expected to take place in December at a venue in South Florida. Officials are said to be close to announcing some details, such as a possible opponent, by the end of the week.

Since signing a lucrative deal with Roc Nation in March of 2015, Cotto has fought just twice, destroying Daniel Geale in four rounds last June and losing a competitive decision to Canelo Alvarez in November. Still, despite the lack of activity, Cotto’s close friend Bryan Perez, who helps run Miguel Cotto Promotions, said the boxer is very happy with Roc Nation, and though he wouldn’t come out and say it, his rosy outlook suggests Cotto will likely continue his affiliation with Jay Z’s agency.

“We have a great relationship with Roc Nation,” Perez told RingTV.com. “We’re very happy with everything. We will see what’s in the future after this fight. We’ll sit down and talk and go over it. We’re very happy with the relationship we have established and we’ll work on it after the fight. It’s Miguel’s decision and his vision but I want to say he feels very happy with Roc Nation and the way they have handled everything, so we’ll see what happens.”

The subject of Cotto’s next fight has been an unending stream of rumor and speculation. Cotto, 35, was angling to return this summer but couldn’t find a suitable opponent. Now, he’s playing the opponent game once again with Juan Manuel Marquez and even Brandon Rios surfacing as possible candidates only for those talks to collapse. Perez said progress has been made on that front and he could have more news by Friday.

“We’re just waiting on Roc Nation to give us the latest update,” Perez said. “Miguel is looking to come back in the fall. We should have more news by the end of this week but he’s excited to be back and is ready for the next challenge. All I can say is Miguel will be back in the fall. That’s the plan.”

With Cotto (40-5, 33 knockouts) fighting just once this year, Perez was asked if the former four-division champion hopes to be more active in 2017. As normally is the case when it comes to Cotto, Perez played things close to the vest. “We always work fight to fight so I cannot tell you a plan for 2017,” he said. “But we’ll definitely search for the biggest opportunity that is presented to Miguel.”