Originally posted by Fetta
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Comments Thread For: Schaefer Explains Ringstar Business Model, PBC Relationship
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Originally posted by Deevel916 View PostIs there even enough room for Schaefer and his promotional company?
As it stands, there are too many fighters and not enough tv dates.
Best he can hope for is he finds a kovalev or GGG. Highly doubt he'll find a canelo. He'll just promote haymons fights and have a few of his no names. Which is why he's hoping to snatch up mickey garcia
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Originally posted by Teetotaler View PostYeah shame on him. He shoulda just stayed a cokehead a lil longer.
He clearly knew, just like any other guy with a brain that canelo was gonna lose. It would of seemed like he just sold out canelo for money. He knew there would be alot of backlash for ginger getting schooled the way he did after all the hype. Especially from mexicans
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Originally posted by JoeMan View PostI was providing an example doe. That was when he was deep into his cross dressing crack days. LOL.
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Originally posted by IMDAZED View PostYeah but you don't know what you're talking about doe. Or you'd know Schaefer has been there from the beginning doe. That GBP began years before that doe. But you aren't very bright doe.
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Schaefer is a smart business man who knows how to get things done in this sport there's no doubt. However he's shady, turned a blind eyed on things on Golden Boy Promotions and attempted to screw Oscar over.
It didn't work. Golden Boy Promotions is thriving. Yes they pretty much had to start over but their moving forward in the right direction now.
Schaefer has a ways to go before getting on a equal playing field. Golden Boy is a power house still and are building their young talent the right way.
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Originally posted by Fetta View PostJust because hes a kid that thinks using "doe" is cool doesnt mean you must stoop to that level. Then again maybe that level is all he understands
I like how Schaefer handled questions. Didn't really badmouth. Just said there's a lot of BS out there and he's moving forward. Not sure why this narrative was created in the media that he stole fighters as if the fighters were pieces of candy. As if, given the option, you would place you financial outlook in the hands of Oscar De La Hoya over Richard Schaefer. Just silly.
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Originally posted by LOCOMEX89 View PostSchaefer is a smart business man who knows how to get things done in this sport there's no doubt. However he's shady, turned a blind eyed on things on Golden Boy Promotions and attempted to screw Oscar over.
It didn't work. Golden Boy Promotions is thriving. Yes they pretty much had to start over but their moving forward in the right direction now.
Schaefer has a ways to go before getting on a equal playing field. Golden Boy is a power house still and are building their young talent the right way.
In order for a boxing promoter to thrive, he needs to generate revenue from TV networks or digital distribution. GBP has neither. All they get is an occasional single fight from HBO, an occasional HBO Latino date for no $$ and big fat nothing from online distribution for free.
The only revenue-generating events are Canelo fights - but GBP paid Canelo $15 MILLION to re-sign him, so they are still in the hole big time.
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