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Manny Pacquiao coming out of retirement to maintain boxing income

Manny Pacquiao will come out of retirement to fight WBO welterweight champion Jessie Vargas on Nov. 5 in Las Vegas.

"Yes, the fight is on,” Pacquiao confirmed to Sky Sports . "Boxing is my passion. I miss what I'd been doing inside the gym and atop the ring."

Pacquiao’s decision is about more than his love for boxing. The 37-year-old was elected to the Senate of the Philippines in May but still needs the financial benefits of boxing.

"Boxing is my main source of income. I can't rely on my salary as a public official," Pacquiao said.