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When a boxer retires with belts, they typically vacate or are stripped of their titles. This creates opportunities for other boxers to compete for the vacant belts, leading to new champions emerging in the boxing world. The retirement of a champion can also impact the sport by shifting the dynamics of matchups and creating new storylines for fans to follow.

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Q: What happens when a boxer retires with belts, and how does it impact the boxing world"?
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