My theory on their rift...
Schaefer want to control Golden Boy but either Dela Hoya has the board's support or he owns more than 50% that the board cannot do ****.
So instead of signing promotional contracts to top fighters for Golden Boy, Schaefer convinced them to sign managerial contract with his ally, Al Haymon. It then ensures that they can fight with any promotional outfit. And at the same time, Al and Schaefer has the boxers' committed to them. This is actually a violation of the Muhamad Ali Act. And Al Haymon is being sued by Main Event because he has a fudiciary duty to act on the best interest of the boxer and not the promotional company.
Lately, there had been a lot of Al Haymon signing... And I doubt these fighters will sign with Al without Schaefer's encouragement or approval. Ultimately, the plan is to get enough fighters in their control to force the board to give Schaefer control of Golden Boy or work with TMT promotions. Obviously, whatever Schaefer decided, Al wams hsi stabel of fighters will be along with him.
That is probably the reason why Mayweather and Schaefer doesn't want to copromote with Arum. They want Golden Boy and Top Rank a seperate entity as much as possible. It is easier to eliminate them both if they're divided.
Someone informed Oscar of what Schaefer, Al and Mayweather is doing. That's why he is suddenly reaching out to Bob. If Bob and Oscar co-promotes, they will be the biggest promotional outfit out there. With their combined power, it would not be difficult to get SHO or HBO to come along and leave TMT out in the dark even with Al's boxers.
The questions is, will Arum go along with Oscar? Or has Schaefer did enough to offend Arum so that Arum will reject Oscar's offer even if he knows the rise of TMT will bring them down together.
Actually, I kinda like what is happening because they will be forced to give us good fights. I feel bad for Oscar though..
Schaefer want to control Golden Boy but either Dela Hoya has the board's support or he owns more than 50% that the board cannot do ****.
So instead of signing promotional contracts to top fighters for Golden Boy, Schaefer convinced them to sign managerial contract with his ally, Al Haymon. It then ensures that they can fight with any promotional outfit. And at the same time, Al and Schaefer has the boxers' committed to them. This is actually a violation of the Muhamad Ali Act. And Al Haymon is being sued by Main Event because he has a fudiciary duty to act on the best interest of the boxer and not the promotional company.
Lately, there had been a lot of Al Haymon signing... And I doubt these fighters will sign with Al without Schaefer's encouragement or approval. Ultimately, the plan is to get enough fighters in their control to force the board to give Schaefer control of Golden Boy or work with TMT promotions. Obviously, whatever Schaefer decided, Al wams hsi stabel of fighters will be along with him.
That is probably the reason why Mayweather and Schaefer doesn't want to copromote with Arum. They want Golden Boy and Top Rank a seperate entity as much as possible. It is easier to eliminate them both if they're divided.
Someone informed Oscar of what Schaefer, Al and Mayweather is doing. That's why he is suddenly reaching out to Bob. If Bob and Oscar co-promotes, they will be the biggest promotional outfit out there. With their combined power, it would not be difficult to get SHO or HBO to come along and leave TMT out in the dark even with Al's boxers.
The questions is, will Arum go along with Oscar? Or has Schaefer did enough to offend Arum so that Arum will reject Oscar's offer even if he knows the rise of TMT will bring them down together.
Actually, I kinda like what is happening because they will be forced to give us good fights. I feel bad for Oscar though..
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