WBO junior welterweight champion Miguel Cotto (rated #6 by Boxingtalk) will no longer be facing DeMarcus "Chop-Chop" Corley on December 11, 2004. Instead, the Puerto Rican fighter will likely face Randall Bailey (Boxingtalk #23 at welterweight) on the undercard of Marco Antonio Barrera-Erik Morales on November 27th, or, more likely, on a pay per view event on December 18, 2004 that will be staged in Puerto Rico. Corley may have priced himself out of a title shot by asking for a purse higher than what Cotto's promoter was willing to pay. (5: 50 PM)