Manny Pacquiao inks extension with Top Rank through end of 2016

Manny Pacquiao is 56-5-2 with 38 KOs. (David Becker/Getty Images)

Manny Pacquiao has signed a contract extension with his boxing promoting company, Top Rank, to remain with the group through the end of 2016, according to an announcement by the company on Tuesday. Terms of the deal were not disclosed.

The signing was announced by Top Rank chairman Bob Arum and includes Pacquiao's MP Promotions to be the co-promoter of his fights. The deal likely guarantees at least five more fights from the 35-year-old Filipino boxer as he continues in his schedule of two fights per year.

Pacquiao, a congressman in the Philippines, has said he wants to box for two more years and then retire, so the contract signed Tuesday could be his last. Arum told ESPN that he's planning his client's next fight for sometime in November and that it will be possibly held in Macau, China.

Pacquiao has been with Arum since 2005. His last fight was a dominant win via decision against Timothy Bradley Jr. on April 12.

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