From MMA Weekly:

“I would like to announce my formal retirement from Mixed Martial Arts competition,” said McCarthy in a prepared statement. “I have achieved many of the goals I set out to accomplish in this sport and found others just out of reach. It is now time for me to lay down my gloves and rededicate my attention towards my business, my fighters, my family and my team.

“The successes I have found in my career are due in large part to all the great people who have helped me along the way. Being involved with the true champions at American Top Team has guided me to become a better father, husband, teacher and friend. Without the great generosity of ATT my life would have had a void. I hope that everyone reading (this) can one day feel the love of a great family as I have.”

“Chainsaw” Charles McCarthy was last in action this past weekend, losing via first round TKO to Michael Bisping at UFC 83. Despite announcing his retirement from active competition, McCarthy will continue training other fighters as the head instructor at Ultimate Self Defense, an American Top Team (ATT) affiliate in Boca Raton, Florida.