Hanging Up the Gloves? De La Hoya Plans Big Announcement

Oscar De La Hoya has announced that he will hold a press conference on Tuesday to discuss his career plans, and although he has declined to be more specific than that, everyone in the boxing world seems to think De La Hoya will make it official that he is retiring.

De La Hoya is still America's most popular pay-per-view attraction -- a distinction he has held since the decline of Mike Tyson -- but in recent years he has looked old and at times painfully slow. His most recent fight, a lopsided loss to Manny Pacquiao, was difficult to watch, as De La Hoya was simply incapable of keeping up with a younger and faster opponent.

De La Hoya doesn't need the money; he has made well over $100 million in his career and now runs a lucrative business, Golden Boy Promotions. He recently said that he's been asking family, friends and even fans on the street whether he should keep fighting, adding, "'Enjoy your family.' That was my No. 1 response from most people."

A 1992 Olympic gold medalist, De La Hoya was the Ring Magazine Fighter of the Year in 1995 and won 10 different title belts. But he has lost four of his last seven fights, and hasn't defeated a highly ranked opponent in years. At age 36, he may be done.