Boston: Hollywood action star Sylvester Stallone and legendary fighter Mike Tyson have been inducted into the International Boxing Hall of Fame for their services to the sport.

Stallone, who packed the punches in six 'Rocky' movies, was honoured for his famed film series at a ceremony in Canastota, New York, reported Boston Herald.

The 64-year-old thrilled spectators at the end of his acceptance speech by reciting the movie boxer's famous line, "Yo, Adrian, I did it."

Former world heavyweight champion Tyson was also among the honorees and stunned the audience by giving an emotional talk about his career and breaking down in tears as he remembered his late mentor Constantine 'Cus' D'Amato.

Tyson, 44, struggled to complete his speech and bowed out early, saying, "When I used to meet with Cus we talked a little about money. But he wanted (me) to be a great fighter.

I can't even finish... thank you... thank you."

Other honorees at the ceremony included Mexican boxing legend Julio Cesar Chavez and Kostya Tszyu.