Richard Schaefer Officially Departs From Golden Boy

After months of internal bickering between Golden Boy Promotions President Oscar De La Hoya and Golden Boy CEO Richard Schaefer, a resolution appears to have been reached between their lawyers.

Schaefer has announced that he is officially gone from Golden Boy.

"After more than ten years with Golden Boy, it is time to move on to the next chapter of my career. This decision has required a great deal of personal reflection, but ultimately I concluded that I have no choice but to leave. I have succeeded in banking and I have succeeded in boxing, and I look forward to the next opportunity. I am proud to remain a shareholder, so I have a strong interest in the continued success of the company. I am proud of what we have accomplished at Golden Boy, but I now look forward to new challenges."

The feuding between Schaefer and De La Hoya first began when De La Hoya publically revealed his intention to make peace with promotional rival Bob Arum of Top Rank. Schaefer was very much against the move and made it clear that he would refuse to have anything to do with Arum or his company.

User Comments and Feedback (Register For Free To Comment) Comment by Mr. Philadel on 06-23-2014

[QUOTE=BIGPOPPAPUMP;14616999]After months of internal bickering between Golden Boy Promotions President Oscar De La Hoya and Golden Boy CEO Richard Schaefer, a resolutions appears to have been reached between their lawyers. Schaefer has announced that he is officially gone from Golden…

Comment by Chalino Sanchez on 06-03-2014

**** just got real

Comment by Ruthless One on 06-03-2014

Fvcking finally. Fvck the "cold war". Get that nonsense outta boxing ffs.

Comment by Francis M. on 06-03-2014

Lol, Floyd has perfected this cherry picking with cold war bs.... They have now made it specific to haymon fighters only who is not signed to GBP? TBE.....

Comment by bigsmoothh on 06-03-2014

[QUOTE=BrushMyHair;14617203][B]Al Haymon And Schaefer might start their own promotional company and they would probably be more successful.[[/B]/QUOTE] :lol1::lol1::lol1:

Post a Comment - View More User Comments (349)
Top Headlines Vargas: It's My Time, After I Beat Pacquiao - A Star Will Be Born! Erislandy Lara Still Has a Target on The Back of Gennady Golovkin Photos: Luis Nery, Richie Mepranum Set For War in Tijuana Joselito Velasquez, Mexican Olympian, To Be Trained By Robles Wladimir Klitschko, Lucas Browne Far Apart On Money For 12/10 Photos: Canelo is Officially Belted in Puerto Rico By The WBO Cotto Says Canelo Rematch is a Subject For Discussion Danny Williams Returns, Faces Ali Eren Demirezen in Hamburg Edis Tatli Takes on Manuel Lancia on December 17 Canelo vs. Saunders Showdown Fully Backed By WBO Prez Weights: David Lemieux, Cristian Fabian Rios Ready To Fight Eggington Predicts Damage: I'm Going To Do a Job on Gavin Jeff Horn Ready For IBF Strap: 100%, Bring on Errol Spence! Hooker Plans on Testing Perez's Chin Early on Kovalev vs. Ward Marin, Pintor Make Weight For Boxeo Telemundo Season Finale Photo: Micki Nielsen, Kevin Lerena Ready For Battle Abel Sanchez Very Confident That Andy Ruiz Beats Joseph Parker Frampton: I'll Make it Two-Nil, Santa Cruz Only Fights One Way! Golovkin's Coach: I Doubt Canelo Will Last Eight or Nine Rounds Jeff Horn Crushes Rico Mueller As Title Shot Nears David Haye: Fans Want Me To Smash Tony Bellew, Shut Him Up Joshua Taylor Tabbed To Become World Champion By McGuigan Tim Bradley: I Need To Retire A Winner, Capture One More Title Eric Molina: I'll Fight Anthony Joshua or David Price on Dec. 10 Canelo: It Would Be an Honor To Rematch Miguel Cotto Kevin Lerena Confident of Knocking Micki Nielsen Out Dejan Zlaticanin: I'm Fighting Mikey Garcia on January 28 Custio Clayton Stops Ramses Agaton in Eight Rounds in Montreal WBO Prez To Canelo Critics: Why Did Golovkin Reject Andre Ward! Terence Crawford Seeks Foe For 12/10, Antonio Orozco Next? Chavez Sr. Expects His Son To Return Stronger, Better Than Ever Jessie Magdaleno, Oscar Valdez Discuss Their PPV Fights Golovkin, Sanchez Frown at Golden Boy's Offer To Face Canelo Charlo-Williams, Cuellar-Mares, Promoted By Schaefer, on Dec. 10 Photos: LaRon Mitchell, Scott Alexander Ready For Battle Photos: Valdez, Magdaleno Putting in Work For PPV Fights Golovkin's Promoter Willing To Make Concessions To Get Canelo David Price: If I Land Joshua, I'm Going in There To Do Damage WBO Prez: No Doubt Canelo Knocks Mayweather Out in Rematch! Orlando Salido's Adviser Provides Update on Back Injury

Latest Active Forum Threads