| International Boxing Hall Of Fame |
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The first Boxing Hall of Fame was sponsored by ''Ring'' Magazine and located for decades at the offices of the Madison Square Garden in New York . However, in 1990 , as a consequence of an initiative by Ed Brophy to honor Canastota 's world Boxing champions, Carmen Basilio and Basilio's nephew, Billy Backus , the city of Canastota inaugurated the new museum, which showcases boxing's rich history. There are ceremonies conducted every year to honor the inductees and the ceremonies are attended by many former world boxing champions, boxing celebrities and Hollywood celebrities each year. Professional Boxer s have to wait five years after retirement to be eligible for election into the Hall of Fame. On January 6 2005 , Bobby Chacon , Duilio Loi , Barry McGuigan and Terry Norris were announced as the next world champion boxers to be inducted. They headed a class that also included non-participants as well. The hall of fame's current roster includes: MODERN ERA
OLD TIMERS
PIONEERS
NON-PARTICIPANTS
OBSERVERS
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