If he's a light middleweight, he just needs to make 154. He doesn't need to be able to make 148. Who in their right mind turns down a fight with Mayweather for two pounds? Who in their right mind turns down Pacquiao for two pounds (Cotto)? What's the harm in losing to him? Canelo could still go to dominate the light middleweight division, and have a stellar career. Cotto lost to Pacquiao and eventually got a Floyd Mayweather fight. It's a win-win for Canelo.
Glad to hear it. Canelo/Cotto would have been an absolute joke fight and Floyd really doesn't have anyone interesting to fight at his weight.
If Canelo can pull off a victory, it would be a HUGE "passing of the torch" moment in boxing IMO.
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