Manny Pacquiao’s extension with Top Rank confirmed – Boxing News
Filipino fight sensation Manny Pacquiao has signed a year’s extension with Top Rank, as confirmed by Bob Arum, chairman of Top Rank.
“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,” said Arum during the weigh-in for the fight between Nonito Donaire and Toshiaki Nishioka.
According to Arum, he spoke to Pacquiao regarding the deal last month when the Filipino was in the United States to participate in the promotional events for Pacquiao vs. Marquez.
On the other hand, Pacquiao’s adviser and friend Michael Koncz confirmed the news saying, “I'll confirm that Manny has signed an extension.”
“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,” he added while talking to ESPN.com.
“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.”
Moreover, Bob Arum also notified that Pacquiao will receive a $1 million bonus for signing extension with Top Rank.
When asked about the bonus, Koncz refused to reveal the amount saying he never discussed Pacquiao’s financial matters.
Pacquiao is currently scheduled to face Mexican fighter Juan Manuel Marquez for a fourth time on December 8 at the MGM Grand in Las Vegas. The Filipino fight sensation has already won two out of three of their previous fights. The first fight ended up in
a tie while the last two were won by the Filipino. Pacquiao defeated Marquez via unanimous decision in the second fight and via majority decision in the third fight.
Now, the Filipino is looking forward to knockout Marquez, in order to erase doubts people have regarding him when it comes to Marquez. Most analysts and fans believe Marquez won the third fight and they doubt Pacquiao’s capabilities, which is the main reason
why the Filipino wants a knockout this time.
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