Oscar De La Hoya is one of the most famous names in the sport of boxing. In his career, Oscar has defeated over 17 world champions, claiming over ten titles in six different weight classes. His record of wins and losses had the boxing community buzzing when he hinted at a return to the ring, but that rumor has since been knocked out.

The 42 year-old boxer, after seven years out of the ring, made his announcement over Facebook. In his statement, the answer came to him after consulting his family and some hefty introspection. The aging athlete, though a champion in his day, could face serious injury in the ring should he step in unprepared. While still missing the limelight he spent most of his life in, Oscar’s boxing days are behind him.

His last appearance in the ring was against Manny Pacquiao in 2008. The bout, while viciously tough for both athletes, saw Oscar knocked out in the eighth-round. The athlete retired after the match with a record of 39-6, 30 knockouts. Though his final match was a loss, his record speaks for itself as belonging to one of the greatest boxers of all time. And his time in the ring may be over, but Oscar still finds time aid the sport in other ways.

De La Hoya, after his loss in 2008, formed Golden Boy Promotions. A company named for his namesake earned at the Barcelona Olympic Games shortly after graduating High School. Golden Boy Promotions is responsible for putting on various boxing matches, and boasts Deontay Wilder, the current WBC heavyweight champion, as a member of their stable.

With such a storied past in the boxing world, Oscar De La Hoya has brought so much to the sport as both an ambassador and athlete. While some may view his change of heart as a letdown, most can appreciate a champion backing away with his head held high. Dedicating more of his time to furthering the sport and nurturing future talent, this isn’t the last we’ve heard from the Golden Boy.