Recently Matt Brown buzzed the MMA world by announcing he’s going to retire after UFC Fight Night 120, and now the fan favorite has outined why he’s decided to hang up the gloves.

Brown is scheduled to fight Diego Sanchez at the November 11th event, which will go down in Norfolk, Virginia. Just last week, “The Immortal” announced on Instagram that the bout was going to be his last, but Brown didn’t provide any additional details.

The 36 year-old was a guest on the latest “MMA Hour”, however, and during the show, Brown had this to say about his decision (quotes via MMA Fighting):

“I didn’t get into this to be a journeyman, or to be in second place, I came into this to be a champion and I got very, very close to that, I think I was one round away from beating Robbie Lawler and getting to a title shot. Being that I got that close, right now, I don’t feel like I have that hunger inside my heart that’s going to get me back to that point and that’s not to say I won’t ever come back one day. I don’t plan on pulling out of the USADA testing pool and I don’t plan on canceling my UFC contract because I’d like to keep that just in case there. But I’m not going to come back unless I plan on making a run for the title.”

While Brown’s announcement caught a lot of folks off guard, it came at a time when the aggressive welterweight has lost three straight fights, and four of his last five. In Brown’s last outing, he was KO’d by Donald Cerrone, and he admitted that defeat played a key role in his decision:

“Absolutely, I got knocked out for the first time in my life in my last fight,” Brown said. “Got knocked down for the first time in my life before that. I have to wonder if – you know, I had a concussion last year for the first time. All these first time things start happening 40 fights into my career, as a father and a family to go home to, when I’m slurring words to my kids, you start thinking, ‘How much is it worth all this?’ So that definitely plays a part…”

Considering all this, it’s not surprising he’s decided to exit the game. It will be interesting to see if Brown elects to return at some point, and how his scrap with Sanchez unfolds. That’s a bout that has “Fight of the Night” written all over it.

Sanchez is also coming off  a KO loss, as he was taken out by Al Iaquinta in April.