Pacquiao, Top Rank in talks over contract extension


Posted at Apr 29 2014 03:43 PM | Updated as of Apr 29 2014 11:43 PM

MANILA, Philippines – Filipino boxing icon Manny “Pacman” Pacquiao is discussing a five-fight contract extension with promoter Top Rank, ESPN and RingTV reported.

“Yes, we are talking about the contract extension,” Top Rank chief executive Bob Arum confirmed to ESPN. “We are working it out. We are talking about a lot of things. How many fights would be in Macau, how many would be in the United States, how many in other places.”

“But we are talking about five fights,” he added.

Pacquiao, who is coming off a unanimous decision victory against Timothy Bradley earlier this month, has said he wants to fight for two more years, and a five-fight contract extension with Top Rank will fulfill that wish.

The Filipino boxer’s contract with Top Rank will expire at the end of the year, although Pacquiao has given no indication that he wants to sign with any other promoter.

At the same time, his chief advisor, Michael Koncz, stressed that “nothing has been finalized.”

“Bob has been good to us over the years, and we have been good to him,” Koncz told ESPN. “We may sign with him, or we may not. We have other offers on the table, and we will look at all options and decide what’s best for Manny.”

“But I don’t want to discuss the particulars because I don’t want to offend other people,” he added.

Arum, who has promoted Pacquiao since 2005, assured that there are plenty of available opponents for the “Pacman” if he extends his contract with Top Rank.

“The fact is that there are plenty of future guys for Manny to fight,” Arum told RingTV. “Manny can fight the winner of (Juan Manuel) Marquez and (Mike) Alvarado, he can fight Ruslan Provodnikov.”

“There are a lot of guys out there because there are guys developing all the time who are serious, serious competitors, including, hopefully and obviously, Floyd Mayweather,” he added.

But despite Arum’s statement, extending his contract with Top Rank may mean that Pacquiao will never get to fight the unbeaten American, who has repeatedly said he has no plans of ever working with Arum again after having a bitter falling out with the promoter early in his career.

Koncz did say that a potential Mayweather fight “isn’t the driving force” of Pacquiao’s decision to re-sign with Top Rank or not.