Magnus Carlsen, a five-time global chess champion, has announced he will not defend his title

The top ranked player Magnus Carlsen said he will not be defending his crown 

Carlsen simply believe that I don't have anything to gain 

He said that he met with FIDE President Arkady Dvorkovich and FIDE Director General Emil Sutovsky and convey this 

In a statement released on Wednesday, Dvorkovich said that Magnus Carlsen "deserves nothing but respect from FIDE

Magnus Carlsen also appeared in modelling advertisements these days

He took paddle tennis lessons, participated in the World Series in Las Vegas 

Magnus Carlsen declared that he is not giving up chess and that he is still appreciative of the opportunity that the world matches have given him

He will still compete in this year's Grand Chess Tour events in Miami, St. Louis 

Magnus Carlsen stated, "I'm not retiring from chess; I'll continue be an active player