MANILA, Philippines — Boxing legend Manny Pacquiao is officially hanging up his gloves.
The eight-division world champion and Philippines senator on Wednesday announced his retirement from the ring,
“I would like to thank the whole world, especially the Filipino people, for supporting Manny Pacquiao. Goodbye boxing,” the 42-year old said in a 14-minute video posted on his Facebook page. “It is difficult for me to accept that my time as a boxer is over. Today I am announcing my retirement.”
Pacquiao finished his 26-year, 72-fight career with 62 wins, eight losses and two draws. Of those 62 wins, 39 were by knockout and 23 by decision. He won 12 world titles and is the only fighter in history to win titles in eight different weight classes.
His retirement from boxing followed a disheartening defeat to Yordenis Ugas in Paradise, Nevada on Aug. 21. The younger Cuban boxer beat Pacquiao by unanimous decision, retaining his WBA welterweight title. It was Pacquiao’s first fight in more than two years.
He has accused the administration of President Rodrigo Duterte, his former ally, of making corruption worse in the Philippines. He promised to fight poverty and warned corrupt politicians they will soon end up in jail.
Pacquiao’s rags-to-riches life story and legendary career brought honor to his Southeast Asian nation, where he is known by his monikers Pacman, People’s Champ and National Fist.
He left his impoverished home in the southern Philippines as a teenager and stowed away on a ship bound for Manila. He made his professional boxing debut as a junior flyweight in 1995, at the age of 16, fighting his way out of abject poverty to become one of the world’s highest-paid athletes.