I don't think that's a photoshop. I've tried to reverse image search it and all I get is the same gif.
That's not a photoshop. That's a real fighter. Tough journeyman out of Squirrel, Idaho. "Crazy Eyes" Johnny Laskowski. Had a weird quirk where he'd always smile after getting punched. It gave him a psychological edge over many opponents. Widely ducked because of it. Rumblings on the deepweb claim that he could have been the next Spencer Chestwynde... but it wasn't meant to be.