Why did Cotto chose Austin Trout instead of Pacquiao

We knew that Miguel Cotto was being considered as a match up for Manny Pacquiao this December but why did Cotto chose to fight an unknown champion in Austin Trout?  its for the WBA Super Welterweight World Champion? its easier and he knew that he would not win against Pacquiao.

Cotto guaranteed a victory: “Thank you all for coming today.  We are very happy to see you all and (I thank you for) your great support.  I can only say that I will train as hard as I can like I always do, and on December 1, I will become world champion again.  I’ll guarantee you all that I will return to Puerto Rico as a champion.”

“Showdown: Cotto vs. Trout” is a 12 round battle between Four-Time and Three-Division World Champion Miguel Cotto and WBA Super Welterweight World Champion Austin Trout taking place on December 1 at Madison Square Garden in New York City.  The event is promoted by Miguel Cotto Promotions and Golden Boy Promotions in association with Greg Cohen Promotions, sponsored by Corona and televised on SHOWTIME.
Was this a good move for Miguel Cotto?

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