Advertisement
Advertisement
Boxingscene.com

Mayweather Parts Ways With Golden Boy Promotions

By Rick Reeno

Golden Boy Promotions have been co-promoting Floyd Mayweather Jr. since he won a twelve round split decision over Oscar De La Hoya in May of 2007. Mayweather has never been on good terms with De La Hoya, the President of Golden Boy, but the unbeaten boxer was very close friends with Golden Boy Promotions CEO Richard Schaefer.

When Schaefer made an announcement on Monday that he was officially leaving Golden Boy, it came as no surprise that Mayweather would terminate his business relationship with De La Hoya's company.

For several months, De La Hoya and Schaefer were bickering internally over the business direction of Golden Boy. According to both sides, much of the bickering was due to De La Hoya's desire to rekindle a working relationship with Top Rank's CEO Bob Arum, who Schaefer had no intention of working with.

Last month, Mayweather made it clear that if Schaefer left Golden Boy, he would welcome him to Mayweather Promotions with open arms.

"Richard knows there is always a home over here. We would love to work with him hand in hand. If he has any problems over there. That's the company that we know Richard Schaefer built. Richard and Leonard [Ellerbe] work hand in hand. We're working hand in hand already. We would love to work with Richard. He is a great guy, a great father," Mayweather said.

"Richard knows the door is always open, we look at him as family. We're stronger together than apart. And I think we are going to continue to build with each other and grow with each other."

Ellerbe confirmed on Monday, to ESPN, that Mayweather was staying true to his word and was walking away from Golden Boy due to Schaefer's departure.

Last month, Schaefer did state that he would explore several possibilities once a final decision was made on whether or not he was staying at Golden Boy. One of the more circulated rumors would have Schaefer and powerful adviser Al Haymon starting their promotional company.

"Floyd and me are friends, we have a close relationship but truth be told, I haven't had any conversations with Floyd because I don't think that would be appropriate, because I have a job at Golden Boy and I'm gonna continue to do it," Schaefer said. "But once I do either stay or not stay, whatever the decision gonna be, then I will look at what opportunities are out there and, obviously, Floyd, whether I'm there or not there has a bright future.

"Al and me are friends. We work very well together. We have done good business together. He's a businessman I highly respect and regard. His accomplishments are not just in the sport of boxing. But I am not going to discuss my thoughts. I don't really think about what I'm gonna do next. I have a pretty good idea."

User Comments and Feedback (Register For Free To Comment) Comment by Evol on 07-10-2014

[QUOTE=The Big Dunn;14743576]Since a bunch of mooks like yourself said Maidana won, showtime and floyd figured we can do a rematch and make a lot of easy money! They are playing off the stupidity of fans like you.[/QUOTE] Dunn is…

Comment by -MARKAVELLI- on 07-10-2014

I just rented an apartment near MSG for the reason that Mayweather already got a promoters license...I thought Floyd would fight there! What happened? Why did they crawled back to GBP?

Comment by The Big Dunn on 07-10-2014

[QUOTE=Beercules;14743618]Nope it was just too much fun watching all of you hardcore FloydTroopers get your balls in a twist the day after the fight. But I hope you enjoy the fight Dunn, hopefully there will be no controversy this time,…

Comment by Beercules on 07-10-2014

[QUOTE=The Big Dunn;14743612]what damage control you said you couldn't wrap your head around why they are fighting again it so I helped you. Because idiots like you went on for a weeks that maidana won or it was a draw,…

Comment by aboutfknGGGtime on 07-10-2014

Maidana is a dirty fighter :crying: [IMG]http://nbcoutofbounds.files.wordpress.com/2011/09/ortizmayweatherfight.jpg?w=320[/IMG] ^^^ That doesn't count doe :puppy_dog

Post a Comment - View More User Comments (256)
Top Headlines George Groves: Eubank Jr. Should Try Something Else, or Perform WBC Welterweight Tournament - Eight Fighters Announced Frank Warren is Eager To Do Billy Joe Saunders vs. George Groves Daigo Higa, Ken Shiro Title Bouts Added To Murata-Blandamura Bellew Urges Eubank Jr. To Make Big Changes After Groves Loss Humberto Velazco With Big KO Win Over Thomas Williams Jr. Weekend Review: Groves Proves His Level, Eubank Jr. Sinks Bivol Believes Barrera's Reason for Picking Him Over Kovalev Porter To Thurman: You Ran in Our Fight & You're Still Running! Garcia on Spence: I Don’t Duck Nobody; It'll Eventually Happen George Groves vs. Chris Eubank Jr. - Afterthoughts Shane McGuigan: Eubank Jr. Must Reassess, Get Rid Of Cowboys BBBofC Round-Up: Wale, Dickens, Ward, Benn, Selby, More Chris Eubank Jr. Would Consider Returning To Middleweight Teofimo Lopez To Return on Crawford-Horn Undercard Arum Explains Why Lomachenko-Linares Being on HBO is a 'Waste' Callum Smith Expects Braehmer To Present Some Problems George Groves - The Emotion and The Logic Danny Garcia: I Want Thurman, It's On Him, Whenever He's Ready McGregor Trolls Mayweather Over Failed Bid To Lure Him To UFC Ugas Motivated To Shock Experts, Topple Errol Spence For IBF Belt Video: Jermell Charlo Talks 154 Division, Andrade, Lubin, More Alberto Machado vs. Rafael Mensah Purse Bid Set For March 2 Alexander: I Absolutley Beat Victor Ortiz - I Gave Him Three Rounds Groves May Request New WBSS Date if Injury Needs Time To Heal William Silva Tops Card on March 3 in Clearwater, Florida Video: Paulie Malignaggi Breaks Down Garcia's Win Over Rios Brandon Rios: I'm Mad Over Stoppage, I Was Ready To Continue! Video: Shawn Porter Talks Confrontation With Danny Garcia Sauerland: We'll Wait Before Making Decision On WBSS Final Isaac Zarate, Ruben Villa Win Bouts in Ontario, California Subriel Matias, Alfredo Santiago Win Bouts in Puerto Rico Daniel Jacobs vs. Maciej Sulecki Finalized For April 28, HBO Eubank Sr. Admits: My Son Didn't Perform, Didn't Show His Level Video: Mikey Garcia Talks Lomachenko-Linares, Lipinets, More McGuigan: Groves' Shoulder is Massive Concern For Tournament DeGale To Eubank Jr: Now Go Crawl Back Under Your Rock! Photos: David Benavidez Hands a Pure Beating To Ronald Gavril Photos: Victor Ortiz, Devon Alexander Fight To Controversial Draw Photos: Danny Garcia Blasts Brandon Rios With a Monster Shot
Advertisement

Latest Active Forum Threads
Advertisement
Advertisement