Manny Pacquiao retires from boxing as he runs for president in the Philippines

Manny Pacquiao is officially hanging up the gloves. The 42-year-old boxer, widely considered one of the best in his sport, announced his retirement via social media on Wednesday, just over a week since announcing his bid for president in the Philippines. 

Pacquiao won world titles in eight different weight divisions – a feat no other boxer has achieved. Some of his most memorable fights include those against Juan Manuel Marquez,  Miguel Cotto and Floyd Mayweather Jr., which in 2015 was boxing's richest fight ever. "PacMan," as he was also known, finishes with a record of 62 wins, eight loses and two ties.

In a 14-minute video showing highlights from his legendary 26-year career, Pacquiao got emotional saying goodbye to the sport.