Gennady Golovkin, one of the most successful boxers of the last decade, has stepped down from his WBA middleweight title. As a result, Erislandy Lara, the WBA's "regular" champion, is now the oldest titleholder in boxing. Golovkin, 40, informed the WBA of his decision on Thursday, ahead of a scheduled March 13 purse bid for a matchup against Lara. Last month, he had already relinquished his IBF title at 160 pounds. Lara, a former amateur standout from Cuba, will turn 40 in April. He has been a professional since 2008 and has held several titles over the years. Golovkin's decision to step down from his title comes after a series of tough losses in the last few years. He was defeated by Canelo Alvarez in 2018 and 2020, and also lost to Sergiy Derevyanchenko in 2019. Despite the losses, Golovkin remains one of the most popular boxers in the world. He has built a loyal fan base over the years, and his fights have been some of the most exciting in recent memory. Lara, meanwhile, will now have the chance to become the oldest titleholder in boxing history. He will be looking to make the most of the opportunity and add another championship to his impressive resume.