Three weeks after beating Timothy Bradley in their rematch via unanimous decision in Las Vegas, Arum said he is looking for two fights each in 2015 and 2016 for Pacquiao most likely in US or Macau.
“Yes, we are talking about the extension,” Arum told ESPN.com writer Don Rafael. “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.”
Arum’s promotion of Pacquiao started in 2005 and earned him a historic run of winning world titles.
Pacquiao already expressed loyalty to Arum until he retires.
“I have had conversations with Bob about an extension, but nothing has been finalized,” Michael Koncz, Pacquiao’s adviser, told ESPN.com.
“Do we fight again this year or take some time off and fight next year? There are a lot of things to work on, but the new agreement we are discussing would entail five fights. That’s our intention, barring injury.
“Bob has been good to us over the years and we have been good to him. We may sign with him or we may not. We have other offers on the table and we will look at all our 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.