Manny Pacquiao has signed a contract extension with promotional gian Top Rank through 2014 according to Dan Rafael of espn.com.
“Manny’s contract with Top Rank runs out on Dec. 31, 2013, and we’ve extended the contract for yet another year, to Dec. 31, 2014,” Arum said before the weigh-in for Saturday’s Nonito Donaire-Toshiaki Nishioka junior featherweight championship fight.
“I’ll confirm that Manny has signed an extension,” Michael Koncz, Pacquiao’s adviser, told ESPN.com. “The extension was done very quickly. A few phone calls back and forth, and it was done. It was a 10-minute thing at the most.
“Manny and I went through the contract before he flew home to the Philippines (after the media tour), but the discussions were between me and Arum, and then maybe two or three phone calls between me and Manny, and the extension was done in a matter of 10 minutes. It was not a lengthy process.”
“I never comment on Manny’s money. There was a bonus involved, but I’m not going to disclose the amount,” Koncz said.
“He said he’s happy for the deal and happy for the bonus, but there was no way he was going to leave me until his career was over,” Arum said. “It wasn’t like he was putting any pressure on me (for the extension). I don’t want to give that impression. He certainly wasn’t.”
