In the same interview as his Battle Arts Academy opening, Santino Marella noted that he "has signed a three year contract extension with WWE". Santino also noted that he had asked for 4 months off to open the academy as well as get it up and running professionally. 

As previously noted, Santino's Battle Arts Academy opened yesterday featuring WWE superstars. More information here.

Full interview with Santino Marella (courtesy of SLAM! Wrestling) is also here.