OAKLAND - As quick and shocking as a knockout, the first and only eight-division world champion and Philippine Congressman, Manny Pacquiao, has bought full ownership of the NBA's Golden State Warriors. The Warriors announced the purchase today at a press conference held in Oakland, California.

Pacman made waves today in the basketball world after buying off sole ownership of the Warriors team. He will have full control of the organization including its team and staff. The boxer turned politician already runs a basketball team in the Philippines called the Kia Motors where he is a playing coach.

The mega movie star is also seeking ventures in China where he looks to buy a basketball franchise to run in Hong Kong. "If possible, he will also buy a team in the European leagues. We have been keeping an eye in Europe for an up-and-coming team like the Warriors, so look out for that," his agent addressed the media.

This is not Manny Pacquiao's first encounter with the Golden State Warriors as he was recorded to be practicing in their court late 2014 to promote his fight against Algieri. He was able to meet the likes of Stephen Curry and Klay Thompson. The latter told ESPN that he was "happy and excited" about the purchase. The Warriors are regarded as one of the NBA Western Conference's top contenders for the title race.