Manny Pacquiao will retire in 2016, according to his promoter

Before you go, we thought you'd like these...
Manny Pacquiao -- Will Retire Next Year ... Says Promoter Bob Arum


By JOHN DORN

Manny Pacquiao is coming off the most talked-about fight of his life, but also his most crushing defeat. His loss to Floyd Mayweather in May left him with a sixth career defeat and a torn labrum, which the fighter is still recovering from.

Once he does, he'd like get in the ring one last time. After that, he will call it a career, according to his longtime promoter, Bob Arum.

SEE ALSO: QUIZ! Who is your MLB spirit animal?

Talking to TMZ on Tuesday night, Arum said that Pacquiao will retire before Mayweather, when prompted by the interviewer. He further elaborated that Pacquiao's goal is to become senator of the Philippines, which will happen in 2016, and that he will end his boxing career before election.

Pacquiao will turn 37 in December. His career record stands at 57-6-2, with 38 victories coming by way of the knockout. He'll go down as one of the best boxers ever, and a hero in his home country, regardless of how his final bout turns out.

32 PHOTOS
Mayweather Pacquiao Fight Weigh In May 1
See Gallery
Manny Pacquiao will retire in 2016, according to his promoter
Floyd ''Money'' Mayweather (black & gold trunks) took on Manny ''Pac Man'' Pacquiao (yellow and red trunks) at the MGM Grand Garden Arena in Las Vegas, Nevada on May 2, 2015 to battle for the World Welterweight Championship. Mayweather emerged victorious after twelve rounds with a unanimous decision from the judges.
Manny Pacquiao, from the Philippines, left, trades blows with Floyd Mayweather Jr., during their welterweight title fight on Saturday, May 2, 2015 in Las Vegas. (AP Photo/John Locher)
Manny Pacquiao, from the Philippines, right, throws a right against Floyd Mayweather Jr., during their welterweight title fight on Saturday, May 2, 2015 in Las Vegas. (AP Photo/John Locher)
Manny Pacquiao, from the Philippines, right, punches Floyd Mayweather Jr., during their welterweight title fight on Saturday, May 2, 2015 in Las Vegas. (AP Photo/John Locher)
Manny Pacquiao, from the Philippines, right, punches Floyd Mayweather Jr., during their welterweight title fight on Saturday, May 2, 2015 in Las Vegas. (AP Photo/Isaac Brekken)
Manny Pacquiao, left, from the Philippines, trades blows with Floyd Mayweather Jr., during their welterweight title fight on Saturday, May 2, 2015 in Las Vegas. (AP Photo/John Locher)
Manny Pacquiao, from the Philippines, right, hits Floyd Mayweather Jr., during their welterweight title fight on Saturday, May 2, 2015 in Las Vegas. (AP Photo/Eric Jamison)
Manny Pacquiao, from the Philippines, right, listens to his trainer Freddie Roach, left, during their welterweight title fight on Saturday, May 2, 2015 in Las Vegas. (AP Photo/John Locher)
Floyd Mayweather Jr., right, trades blows with Manny Pacquiao, from the Philippines, during their welterweight title fight on Saturday, May 2, 2015 in Las Vegas. (AP Photo/Isaac Brekken)
Manny Pacquiao, from the Philippines, left, and Floyd Mayweather Jr., embrace in the ring at the finish of their welterweight title fight on Saturday, May 2, 2015 in Las Vegas. (AP Photo/Isaac Brekken)
LAS VEGAS, NV - MAY 02: Beyonce Knowles and Jay Z attend the welterweight unification championship bout on May 2, 2015 at MGM Grand Garden Arena in Las Vegas, Nevada. (Photo by Al Bello/Getty Images)
Recording artist Justin Bieber, right, enters the arena before the start of the world welterweight championship bout between Floyd Mayweather Jr., and Manny Pacquiao, on Saturday, May 2, 2015 in Las Vegas. (AP Photo/Isaac Brekken)
LAS VEGAS, NV - MAY 02: Floyd Mayweather Jr., Burger King and Justin Bieber walk backstage at 'Mayweather VS Pacquiao' at MGM Grand Garden Arena on May 2, 2015 in Las Vegas, Nevada. (Photo by Jason Merritt/WireImage)
Floyd Mayweather Jr. answers reporter questions during a press conference following his welterweight title fight against Manny Pacquiao on Saturday, May 2, 2015 in Las Vegas. Mayweather defeated Pacquiao in a unanimous decision. (AP Photo/John Locher)
A Filipino watches a live satellite feed of the welterweight title fight between Filipino boxing hero Manny Pacquiao and Floyd Mayweather Jr. during a free public viewing in downtown Manila, Philippines on Sunday, May 3, 2015. Mayweather Jr. won the match. (AP Photo/Aaron Favila)
A Filipino watches a live satellite feed of the welterweight title fight between Filipino boxing hero Manny Pacquiao and Floyd Mayweather Jr. during a free public viewing in downtown Manila, Philippines on Sunday, May 3, 2015. Mayweather Jr. won the match. (AP Photo/Aaron Favila)
Manny Pacquiao gestures while standing on the scales for the weigh-in on May 1, 2015 in Las Vegas, Nevada one day before their 'Fight of the Century' on May 2 at the MGM Grand Garden Arena. AFP PHOTO / JOHN GURZINSKI (Photo credit should read JOHN GURZINSKI/AFP/Getty Images)
Floyd Mayweather (2L) takes questions following the weigh-in on May 1, 2015 in Las Vegas, Nevada one day before their 'Fight of the Century' on May 2 at the MGM Grand Garden Arena. AFP PHOTO / JOHN GURZINSKI (Photo credit should read JOHN GURZINSKI/AFP/Getty Images)
Floyd Mayweather (L) and Manny Pacquiao (R) gesture following their weigh-in on May 1, 2015 in Las Vegas, Nevada one day before their 'Fight of the Century' on May 2 at the MGM Grand Garden Arena. AFP PHOTO / JOHN GURZINSKI (Photo credit should read JOHN GURZINSKI/AFP/Getty Images)
LAS VEGAS, NV - MAY 01: CEO of HUBLOT Ricardo Guadalupe (L) and President of HUBLOT Latin America Rick De La Croix celebrate a knockout partnership at HUBLOT and Floyd Mayweather Jr.: The perfect combination for the fight of the century at the MGM Grand Garden Arena on May 1, 2015 in Las Vegas, Nevada. (Photo by Gabe Ginsberg/Getty Images for HUBLOT)
LAS VEGAS, NV - MAY 01: WBC/WBA welterweight champion Floyd Mayweather Jr. arrives at HUBLOT and Floyd Mayweather Jr.: The perfect combination for the fight of the century at the MGM Grand Garden Arena on May 1, 2015 in Las Vegas, Nevada. (Photo by Gabe Ginsberg/Getty Images for HUBLOT)
LAS VEGAS, NV - MAY 01: (L-R) President of WBC Mauricio Sulaiman CEO of HUBLOT Ricardo Guadalupe, WBC/WBA welterweight champion Floyd Mayweather Jr. and President of HUBLOT Latin America Rick De La Croix celebrate a knockout partnership at HUBLOT and Floyd Mayweather Jr.: The perfect combination for the fight of the century at the MGM Grand Garden Arena on May 1, 2015 in Las Vegas, Nevada. (Photo by Gabe Ginsberg/Getty Images for HUBLOT)
Floyd Mayweather (Center L) and Manny Pacquiao (Center R) face off following their weigh-in on May 1, 2015 in Las Vegas, Nevada one day before their 'Fight of the Century' on May 2 at the MGM Grand Garden Arena. AFP PHOTO / JOHN GURZINSKI (Photo credit should read JOHN GURZINSKI/AFP/Getty Images)
Floyd Mayweather gestures while standing on the scale for his weigh-in on May 1, 2015 in Las Vegas, Nevada one day before their 'Fight of the Century' on May 2 at the MGM Grand Garden Arena. AFP PHOTO / JOHN GURZINSKI (Photo credit should read JOHN GURZINSKI/AFP/Getty Images)
Floyd Mayweather arrives for the weigh-in on May 1, 2015 in Las Vegas, Nevada one day before their 'Fight of the Century' on May 2 at the MGM Grand Garden Arena. AFP PHOTO / JOHN GURZINSKI (Photo credit should read JOHN GURZINSKI/AFP/Getty Images)
Fans show their support for boxers Manny Pacquiao and Floyd Mayweather at the weigh-in on May 1, 2015 in Las Vegas, Nevada one day before their 'Fight of the Century' on May 2 at the MGM Grand Garden Arena. AFP PHOTO / JOHN GURZINSKI (Photo credit should read JOHN GURZINSKI/AFP/Getty Images)
Manny Pacquiao gestures while standing on the scale for the weigh-in on May 1, 2015 in Las Vegas, Nevada one day before their 'Fight of the Century' on May 2 at the MGM Grand Garden Arena. AFP PHOTO / JOHN GURZINSKI (Photo credit should read JOHN GURZINSKI/AFP/Getty Images)
LAS VEGAS, NV - MAY 01: Manny Pacquiao holds up the WBO belt during his official weigh-in on May 1, 2015 at MGM Grand Garden Arena in Las Vegas, Nevada. Pacquiao will face Floyd Mayweather Jr. in a welterweight unification bout on May 2, 2015 in Las Vegas. (Photo by Jamie Squire/Getty Images)
Floyd Mayweather and Manny Pacquiao on stage after facing-off with one another following their weigh-in on May 1, 2015 in Las Vegas, Nevada one day before their 'Fight of the Century' on May 2 at the MGM Grand Garden Arena. AFP PHOTO / FREDERIC J. BROWN (Photo credit should read FREDERIC J. BROWN/AFP/Getty Images)
Floyd Mayweather and Manny Pacquiao face off following their weigh-in on May 1, 2015 in Las Vegas, Nevada one day before their 'Fight of the Century' on May 2 at the MGM Grand Garden Arena. AFP PHOTO / FREDERIC J. BROWN (Photo credit should read FREDERIC J. BROWN/AFP/Getty Images)
LAS VEGAS, NV - MAY 01: Fans of boxer Manny Pacquiao cheer before the official weigh-in for Floyd Mayweather Jr. and Pacquiao on May 1, 2015 at MGM Grand Garden Arena in Las Vegas, Nevada. The two boxers will face each other in a welterweight unification bout on May 2, 2015 in Las Vegas. (Photo by Jamie Squire/Getty Images)
LAS VEGAS, NV - MAY 01: Rapper Flo Rida performs before the official weigh-in for Floyd Mayweather Jr. and Manny Pacquiao on May 1, 2015 at MGM Grand Garden Arena in Las Vegas, Nevada. The two boxers will face each other in a welterweight unification bout on May 2, 2015 in Las Vegas. (Photo by Jamie Squire/Getty Images)
of
SEE ALL
BACK TO SLIDE
SHOW CAPTION +
HIDE CAPTION


More from AOL.com:
DeMarco Murray's departure might be too much for Dallas
Report: The 'Concussion' filmmakers tried not to annoy the NFL
Transgender athletes may face 'physical inspection' before playing sports
Read Full Story

People are Reading