After getting knocked out in just 14 seconds by Anthony Perosh, Vinny Magalhaes has reportedly revealed that his days as a professional fighter could be over, if the UFC decides to release him.

Prior to the August 3rd fight, Magalhaes was candid about the fact that he could have been released following his one sided, decision loss to Phil Davis in April. As a result, “Pezao” relayed that he deserved “to be cut” if he lost to Perosh. Now in a post UFC 163 interview with MSN Sports in Brazil, the jiu-jitsu guru stated (translation taken from MMA

“I have one more fight left in my contract, but we all know that it doesn’t mean much and there’s a chance that I get cut. Before this fight I said I deserved to get cut if I didn’t win. I’m waiting for UFC’s decision, anything can happen, but I really don’t care, man.”

“People say that the UFC doesn’t pay much to their fighters, but if you look to the other events it’s even worse,” Magalhaes said. “So if they cut me, I don’t see why I should keep fighting in other event. I rather open my own gym than fight for little money. I stopped fighting in Jiu-Jitsu because of the financial part, so it would make no sense for me to return now. If the UFC doesn’t renew my contract, I’ll stop (fighting).”

So, now the waiting game begins as to whether the UFC decides to bring Magalhaes back for another fight. Prior to his most recent losses, Magalhaes scored a memorable, second round submission win over Igor Pokrajac at UFC 152. Grappling enthusiasts would probably like to see the ADCC Gold Medalist back for one more go.