Did Conor McGregor seriously Retire?

First and foremost, he's not afraid of losing. He did talk a lot of shite so shittalking him is to be expected.

My top suspicion is:

He wants to make more money, and is doing this to protest it. Dude has money and can retire young, so why not make a power play?

My secondary suspicion is: Maybe he wants to protect his body for later on in life. I teach MMA in Mexico City (their gyms are awful) and I always make it a top priority to protect my students' noggins. After that Brazilian dude died, I wouldn't fault him.

My third suspicion is: He's got something else worked out. Movie deal, maybe he's going to open his own gym in Ireland. It's a much easier life than training six to eight hours a day to go out and fight in front of a bunch of people.

No, he just didn't want to do the fight promo, so Dana White then told him he's canceling his match. A fighter must do the fight promos, that's really standard for the whole deal. If he's not going to do the promo/press then it's harder for the org to market the fight. IF UFC had allowed him to skip the promo/press, then a lot of fighters would start doing the same. White has to treat all the fighters equally. McGregor has been a professional fighter for awhile, he knew that he had to do the press too.

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My secondary suspicion is: Maybe he wants to protect his body for later on in life.

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Apart from the pain he's likely to feel later on, he's 27 and looks every bit of 37. This would be a wise decision.