Marquez did not fight the #1 contender; he fought THE champion. Anytime you beat the champ you become the champ.
The problem with Margarito is that he beat the #1 contender(Cotto) not the champ. Now Margarito is the the #1 contender. To become THE champ he has to solidify his position with a victory over the #2 contender, who happens to be Cotto due to Paul Williams departure to 154.
So we will likely have to wait until this summer before we have a welter-weight champion again.
The rules are simple and never change. Thus they ensure integrity; unlike the belts-for-sale method, as used by the various alphabet groups.


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