At his watch party, Jacobs, a Republican, claimed his victory while reminding his constituents that when he first announced his bid for mayor, he was greeted with "pretty resounding laughter" from some politicians, according to the Knoxville News Sentinel.

"But this professional wrestler got into a no-holds-barred, last-man-standing match, and when the bell rung, he was victorious," he told attendees at his watch party, according to the paper. "We were victorious."

The former champ, who spent roughly 20 years in professional wrestling and won several world titles, ran a campaign focused on keeping taxes low, while prioritizing quality education, job creation, improved infrastructure and limited government.

"People are sick and tired of career politicians, and we have seen that at the highest level," Jacobs told Fox News in May.