Former lightweight champion Ray (Boom Boom) Mancini,...

Former lightweight champion Ray (Boom Boom) Mancini, 24, announced his retirement from boxing at a news conference in New York.

Dave Wolf, the fighter’s agent, said Mancini, of Youngstown, Ohio, had been offered $3 million to fight Aaron Pryor, the International Boxing Federation junior-welterweight champion. Nevertheless, Mancini decided it was time to end his career.

“February 16 was the last day you’ll see Ray Mancini in the ring,” he said. “There are other things I want to do.”

Last Feb. 16, Mancini fought Livingstone Bramble at Reno in a an unsuccessful bid to regain the World Boxing Assn. title he had lost to Bramble the previous year.