The striker is out of action for the next five months after undergoing surgery on his right knee.
"I am staying at Milan, even if you hear so many rumours at this time of year," he said during a media event, before adding that he saw no problem with playing in the same side as Mario Balotelli.
"There is no rivalry with Balotelli. He’s a good lad and I’ve never had problems with him. If anything, we have a good rapport. You’ll see that in future he’ll do even more for the team."
Pazzini also backed coach Massimiliano Allegri, who had been expected to be sacked but was given a reprieve by president Silvio Berlusconi.
"Allegri is the right coach for Milan because he is able to control the group and give us all a sense of calm," he added.
"He’s also great fun and I love it when he makes jokes in his Livorno dialect. I am Tuscan too, so I start laughing, then look round and realise (Kevin-Prince) Boateng and (Nigel) De Jong have no idea what he said!"
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