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Mayweather Jr. Quits Before Big Match

39-0 boxer forgoes $20 million payoff

By Matt Cantor,  Newser Staff

Posted Jun 7, 2008 1:37 PM CDT

(Newser) – Undefeated boxer Floyd Mayweather Jr. is hanging up his gloves, nixing a high-profile rematch against Oscar De La Hoya, ESPN.com reports. “This decision was not an easy one for me to make,” the welterweight champ said. “However, these past few years have been extremely difficult for me to find the desire and joy to continue.”

Mayweather, 39-0 with 25 KOs, first announced he was retiring in 2006 but returned for several more fights, including one with De La Hoya. The rematch would have seen Mayweather’s estranged father coaching his opponent, and it would have meant another $20 million for Mayweather. But “after many sleepless nights, I realized I could no longer base my decision on anything but my own personal happiness,” he said.

Oscar De La Hoya, left, and Floyd Mayweather Jr., laugh during a news conference after Mayweather beat Ricky Hatton in a WBC welterweight boxing title fight Dec. 8, 2007.
Oscar De La Hoya, left, and Floyd Mayweather Jr., laugh during a news conference after Mayweather beat Ricky Hatton in a WBC welterweight boxing title fight Dec. 8, 2007.   (AP Photo/Jae C. Hong)
Boxer Oscar De La Hoya, left, holds up the arm of his trainer Floyd Mayweather Sr. during a news conference at The Home Depot Center in Carson, Calif. Tuesday, Feb. 26, 2008.
Boxer Oscar De La Hoya, left, holds up the arm of his trainer Floyd Mayweather Sr. during a news conference at The Home Depot Center in Carson, Calif. Tuesday, Feb. 26, 2008.   (AP Photo/Damian Dovarganes)
In this  Dec. 8, 2007 file photo, Floyd Mayweather Jr., sits on the stool in his corner during a WBC welterweight boxing title fight against Ricky Hatton of Great Britain.
In this Dec. 8, 2007 file photo, Floyd Mayweather Jr., sits on the stool in his corner during a WBC welterweight boxing title fight against Ricky Hatton of Great Britain.   (AP Photo/Jae C. Hong, File)
Floyd Mayweather Jr. speaks during a news conference after beating Ricky Hatton in a WBC welterweight boxing title fight at the MGM Grand hotel-casino in Las Vegas, Saturday, Dec. 8, 2007.
Floyd Mayweather Jr. speaks during a news conference after beating Ricky Hatton in a WBC welterweight boxing title fight at the MGM Grand hotel-casino in Las Vegas, Saturday, Dec. 8, 2007.   (AP Photo/Jae C. Hong)
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