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By Lance Pugmire

Manny Pacquiao and Miguel Cotto have each told their promoter they want to fight each other next.

Now that promoter, Bob Arum, is working out the details to make a bout that is penciled in for Nov. 14 in Las Vegas.

“I hope to put it together this week, to get an agreement on terms,” Arum told The Times on Monday in a telephone interview from his Top Rank headquarters in Las Vegas.

Arum identified the two major points of negotiation as weight and the purse split.

Pacquiao (49-3-2, 37 knockouts) watched from ringside Cotto’s dramatic split-decision world welterweight title victory over Joshua Clottey on Saturday in New York after picking up his award for 2008 fighter of the year across town.

Cotto sustained a deep

Emmanuel Dapidran Pacquiao (pronounced /ˈpækjaʊ/; born December 17, 1978), known as Manny “Pac-Man” Pacquiao is a Filipino professional boxer, part-time actor and recording artist.

He is the former WBC Lightweight world champion, WBC Super Featherweight world champion, IBF Super Bantamweight world champion, and champion. He has also held the Ring Magazine titles for WBC Flyweight world Featherweight, Super Featherweight, and Light Welterweight divisions.

For his achievements, he became the first Filipino and Asian boxer to win five world titles in five different weight divisions. He is currently the IBO and Ring Magazine Light Welterweight champion and is rated by the Ring Magazine as the #1 pound-for-pound boxer in the world.

He is also the first boxer to win the lineal championship (“the man who beat