Updated

Ronald "Winky" Wright announced his retirement from boxing on Tuesday.

The 40-year-old Wright, who lost a 10-round unanimous decision to Peter Quillin Saturday night, finishes with a mark of 51-6-1 with 25 knockouts over a near 22-year professional career.

"Part of being a boxer is knowing when to call it quits," said Wright. "It's time for me. I did what I set out to do and that was to be great and become a world champion. I have a lot of great memories from my career and will still support this great sport which I have dedicated my life to. I want to thank all of the people who helped me along the way and especially the fans that supported me all of these years."

A likely Hall-of-Famer, Wright's first title came in May 1996, when he won the WBO junior middleweight crown with a victory over Bronco McKart.

In December 1999, Wright lost a controversial majority decision to Fernando Vargas, but he was back on top nearly two years later, beating Robert Frazier for the IBF version of the belt.

Over the following six years, Wright earned his keep as a top notch pound-for- pound fighter by unifying the junior middleweight titles while defeating Sugar Shane Mosley twice, Felix Trinidad and Ike Quartey.

Wright lost the last three fights of his career, to Bernard Hopkins in 2007, Paul Williams in 2009 and then Quillin.