Manny Pacquiao gestures to fans after his WBA welterweight title loss to Yordenis Ugas at T-Mobile Arena in Las Vegas, Nevada, in August. Photo: Ethan Miller/Getty Images
Manny Pacquiao announced Wednesday his retirement from boxing ahead of his run for president of the Philippines next year.
The big picture: The 42-year-old, who's also a Philippines senator, said in a video posted on his Facebook page that it's "difficult for me to accept that my time as a boxer is over." Pacquiao won 12 world titles in a 72-fight career, with 62 wins. He's the only boxer ever to win titles in eight different weight divisions.