Rags to riches: Boxing great Pacquiao announces retirement

Boxing legend Manny Pacquiao is formally hanging up his gloves

MANILA, Philippines — Boxing legend Manny Pacquiao is formally hanging up his gloves.

Pacquiao finished his 26-year, 72-fight career with 62 wins, eight losses and two draws. Of those 62 wins, 39 were by knockout and 23 by decision. He won 12 world titles and is the only fighter in history to win titles in eight different weight classes.

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His retirement from boxing followed a disheartening defeat to Yordenis Ugas in Paradise, Nevada on Aug. 21. The younger Cuban boxer beat Pacquiao by unanimous decision, retaining his WBA welterweight title. It was Pacquiao’s first fight in more than two years.

“Thank you for changing my life, when my family was desperate, you gave us hope, you gave me the chance to fight my way out of poverty,” Pacquiao said in the video. “Because of you, I was able to inspire people all over the world. Because of you I have been given the courage to change more lives.”

He has accused the administration of President Rodrigo Duterte, his former ally, of making corruption worse in the Philippines. He promised to fight poverty and warned corrupt politicians they will soon end up in jail.

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Pacquiao’s rags-to-riches life story and legendary career brought honor to his Southeast Asian nation, where he is known by his monikers Pacman, People’s Champ and National Fist.

He left his impoverished home in the southern Philippines as a teenager and stowed away on a ship bound for Manila. He made his professional boxing debut as a junior flyweight in 1995, at the age of 16, fighting his way out of abject poverty to become one of the world’s highest-paid athletes.

Eddie Banaag, a 79-year-old retiree, said Pacquiao was his idol as a boxer and he watched almost all of his fights. But he believes the boxing icon should have retired earlier.

“He should have done that right after his victory over (Keith) Thurman,” Banaag mentioned of Pacquiao’s win over Thurman on July 20, 2019 in Las Vegas, Pacquiao’s second-last struggle. “It would have been better if he ended his boxing career with a win rather than a loss.”

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Nonetheless, Pacquiao believes he’ll all the time be remembered as a winner. Tons of of tens of millions of {dollars} in profession earnings and his document within the ring go away little question.

“I’ll always remember what I’ve performed and achieved in my life,” Pacquiao mentioned Wednesday. “I simply heard the ultimate bell. The boxing is over. “

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