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Arum Shreds De La Hoya, Schaefer: They are The Worst

By Mark Vester

Top Rank's CEO Bob Arum has went full blast at his promotional rivals, Oscar De La Hoya and Richard Schaefer of Golden Boy Promotions. Top Rank and Golden Boy, recognized as the two biggest promotional companies in the United States, have not done business with each other since the Manny Pacquiao-Ricky Hatton fight in 2009. Tensions boiled over when the two sides failed to reach an agreement for a mega-fight between Pacquiao and Floyd Mayweather Jr.

Arum brought up the incident from 2006 when De La Hoya tried to sign Pacquiao to a promotional contract with a suitcase filled with cash.

"We have been in this business a long time, me since the 1960s," said Arum to the Las Vegas Review Journal. "I have never, ever shanghaied a fighter, given a fighter a suitcase filled with money or offered a fighter a contract in a car just after taking a 16-hour flight. They (Schaefer and De La Hoya) are shadier than the worst people in boxing. And for Oscar to participate in that really shows his true colors. I think [Schaefer is] treacherous. He's not honorable. You can't take his word. At the first opportunity, he'll knife you in the back."

De La Hoya hit back, stating to the paper that his company will not be intimidated by Arum.

"I've known Arum a long time, and he always needs to be in a fight with someone. He's a barker and he's very loud. Everyone knows he tries to intimidate with his bark. But he knows he can't intimidate me or Richard," De La Hoya said.

User Comments and Feedback (Register For Free To Comment) Comment by LeadUppercut on 02-14-2011

[QUOTE=The Gambler1981;10103885]The 80's is not the golden era of boxing that is before 1950~ the 80's are much closer to the downfall of boxing as you could follow the cracks in the foundation of the sport back to that period.…

Comment by JDezi4 on 02-14-2011

Where do u think Oscar learned it from?

Comment by The Gambler1981 on 02-14-2011

The 80's is not the golden era of boxing that is before 1950~ the 80's are much closer to the downfall of boxing as you could follow the cracks in the foundation of the sport back to that period. In…

Comment by Las Vegas, on 02-14-2011

Arum shouldn't talk. He's just as bad as Don King.

Comment by KING MEAT on 02-14-2011

[QUOTE=Beater_of_ass;10098242]This forum is unbelievable, as Arum just stated himself he's been a promoter for 50 years now. This is the guy who brought us all the fights when boxing was in its "Golden Era" with guys like Duran, Hagler, Hearns,…

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