MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – It’s official: Filipino boxing champion Manny Pacquiao is coming out of retirement and returning to the ring.
Pacquiao, who was recently elected senator of the Philippines, has confirmed that he will fight WBO welterweight champion Jessie Vargas on Nov. 5 in Las Vegas.
The main reason? He is not earning enough money as an elected public official.
The 37-year-old Pacquiao said he was excited to return to the ring and said he has to fight again to earn a living. “I’m helping the family of my wife and my own family, as well. Many people also come to me to ask for help and I just couldn’t ignore them,” he said on Wednesday.
Prior to being elected senator, Pacquiao served as a congressman representing his home province of Sarangani, and was the number one absentee member of the lower house.