Oscar De La Hoya was inducted into the International Boxing Hall of Fame in his first year of eligibility on Wednesday.

De La Hoya (39-6, 30 KOs), who defeated 17 world champions and captured 10 crowns in six different weight classes, was one of the premier pound-for-pound prizefighters from 1994 to 2002.

"I am honored and appreciative to be chosen for the International Boxing Hall of Fame's Class of 2014 and I thank everyone who has been a part of this journey with me," said De La Hoya, 40, the only U.S. boxer to win a gold medal at the 1992 Summer Olympics in Barcelona, Spain.

"This is the dream of everyone who puts on a pair of gloves and steps between the ropes, and through the good and the bad, you always hope that when all is said and done, you put on good fights, entertained the fans and will be remembered for what you did in the ring. To know that I will be in the Hall of Fame with the greats of this sport is humbling, but it's also put a smile on my face that isn't coming off anytime soon."

Despite his many achievements in the squared circle, De La Hoya certainly isn’t a perfect “Golden Boy.”

The Ring magazine’s “Fighter of the Year” in 1995 has struggled with substance abuse issues and battled suicidal thoughts since retiring.

Nevertheless, De La Hoya was a pay-per-view megastar who fearlessly faced all challengers over a span of 17 years.

Deservedly, Oscar De La Hoya will forever “be remembered for what (he) did in the ring.”

Like what you just read?  Check out SportsByColin.com for more great articles covering baseball, boxing, basketball, football, and your Birthday Babe of the Day!