At today’s UFC 125 pre-fight press conference Dana White announced that legendary UFC fighter Chuck Liddell has officially retired from the sport.

The 40 year-old hall-of-famer will however remain with the UFC as an Executive Vice President Of Business Development. White stated that the role would see him, “on par with all the top executives,” in the company.

The announcement brings an end to several months of speculation after ‘The Iceman’ was KO’d in the first round of his fight with Rich Franklin at UFC 115, his third knockout loss in a row.

A clearly emotional Liddell struggled to find words as he addressed fans at the press conference, fighting back tears as he thanked Dana White and the Fertitta’s for what they’ve done for him and also thanked the fans for their support.

“I love this sport, and I’m ready for a new chapter in my career,” Liddell said.

Liddell has become psynonymous with the UFC during his twelve year MMA career with his first ever professional fight being at UFC 17. He would go on to become a four-time defending UFC light-heavyweight champion and at his peak went on a seven fight winning streak, winning all but one of those fights by either KO or TKO.