Héctor “Macho” Camacho is preparing to put the gloves back on…

But the 49-year-old Puerto Rican boxer won’t be heading back to the ring. Instead, he’ll throw punches on Univision’s El Gordo y la Flaca.

This week, Camacho will launch a new segment entitled “Macho News.” Airing every Friday, the segment will show the 10-time boxing champion discussing his opinion on the latest show biz happenings from his personal point of view.

“I am very pleased with my new segment,” says Camacho, who recently appeared in Alex Wayne’s video. “With el Gordo y Lily, I know people will enjoy it. For sure!”

Camacho, who participated in Univision’s iMira Quien Baila! Dancing competition in 2010, has said he wants to take full advantage of his life in the spotlight.

Along with segment on El Gordo y la Flaca, Camacho is preparing for other television projects this year, as well as readying to launch his own line of shirts.