Advertisement
Advertisement
Boxingscene.com

Schaefer Confident of Continued Pact With Mayweather

By Luis Sandoval

BoxingScene recently caught up with Golden Boy Promotions CEO Richard Schaefer at Saul “Canelo” Alvarez’s open media workout in Santa Monica, CA.

Schaefer was in good spirits and proud of the card they are putting forth September 15th which is stacked from top to bottom. But an interesting topic of discussion was the lingering situation with TMT (The Money Team) Promotions company that has been spearheaded by rap artist now turned promoter 50 Cent. The newly formed entity is also said to be in conjunction with Floyd Mayweather Jr.

50 Cent vowed to Oscar De La Hoya that his company Golden Boy Promotions would no longer have any part in working or promoting any of Mayweather’s future fights.

Schaefer was asked what his reactions were on TMT Promotions and his thoughts on the possibilities of continuing to work with Mayweather despite 50 Cent’s comments.

“Well Floyd is a friend of mine. We’re very good friends. He’s a terrific guy. We get along very well. So I’m not really worried by what 50 Cent is doing. I’m just going to leave it at that. Floyd and me have a recipe for success and in the process he has made more money than any fighter ever” Schaefer would tell BoxingScene.

 “[He’s] broken any and all pay per view records. Look at his last fight; one million and a half homes against Miguel Cotto. We have a Pay Per View machine which is really second to none. So this is not something you can’t just wake up and do.”

Schaefer obviously feels Golden Boy has the resources and experience in being able to cultivate big fights and knowing how to promote them in a way that gets the best results. With TMT being newly formed and really not sure who will be running the ship, Golden Boy stills seem like the appropriate vehicle for Mayweather but only time will tell.

Aside from Golden Boy still being attractive in the business aspect, Schaefer also believes his personal and working relationship with Floyd will allow for them to continue working together in the future.

“That’s the business aspect but the other aspect is Floyd and me respect each other and like each other. We work very well together and our teams work well together as well. So I think the future for Floyd and us is terrific and I am excited and looking forward to continue working with him” said Schaefer.

One person however that Schaefer doesn’t anticipate to work with is nemesis Bob Arum of Top Rank. Both companies have been feuding for years and have continued to refuse to work with each other. What it has essentially done is prevented great fights from happening and having boxing run in what seems to be two entirely different worlds.

“You know, the thing I came to realize after many tries over the past years of extending the olive branch is that one cannot have a relationship with Bob [Arum]. At one point you just need to move on which is okay. You know, I moved on and whatever they do over there they do. I really don’t care” revealed the Golden Boy CEO.

“You just move on because you keep on trying and trying and trying, and you sort of just get the same kind of treatment. The same kind of arrogance. At one point you just go ‘got it’ and move on. And I have reached that point and I move on”.

Seems like this “cold war” is far from ending and the closest we’ll get to see these companies working together is having fighters from each promotional company mandated to fight by sanctioning bodies like in the case of Vanes Martirosyan and Erislandy Lara.

According to Richard, Golden Boy still has some shows they are working on before the end of the year. They are looking at November 10th, 17th and 24th as possible dates to do another event. They have also saved December 15th for Amir Khan who they hope will fight before the end of the year. Schaefer also mentioned December 1st having a show planned at Madison Square Garden where it has been noted Miguel Cotto is set to make his return. Let’s see how that develops are there are talks of Cotto fighting Pacquiao in December which would be in conjunction with Top Rank.

You can follow Luis Sandoval on Twitter @Truewest007. You can also tune in to The Boxing Lab, BoxingScene’s official audio show every Tuesday from 6-8PM PST with hosts Ernest Gabion, Luis Sandoval, and Ryan Burton.

User Comments and Feedback (Register For Free To Comment) Comment by I Love Jesus! on 09-01-2012

[QUOTE=billeau2;12468330]You think?:luvbed:[/QUOTE] Yeah I do not that there is anything wrong with that [IMG]https://encrypted-tbn1.google.com/images?q=tbn:ANd9GcSz3R_y2giZfDdLzYL8-q6nthd-i36r7doXxiFLfDroM7XynQewhg[/IMG]

Comment by Kilrain on 09-01-2012

Shaeffer is the biggest brown-noser in boxing. Once he removes his tongue from Mayweather's ass, he'll realise that Floyd has zero fcking interest in renewing his arrangement with Golden Boy. Golden Boy don't bring anything to the table. Yes, they've…

Comment by billeau2 on 09-01-2012

[QUOTE=Perro;12467308]It's kinda ironic because from a business perspective 50 Cent knows way more than Mayweather ever will. He's had more successful deals outside of rap than inside of it. Mayweather doesn't know business, he's a man with inferiority complex that…

Comment by Perro on 09-01-2012

[QUOTE=WESS;12468174]The way Floyd talks about Hoya doesn't make me think he will be working with Golden Boy anymore. I see him working with TMT/50 for his remanning fights.[/QUOTE] I agree, Floyd has enough exposure to be fighting under 50 Cent/TMT…

Comment by billeau2 on 09-01-2012

[QUOTE=Davis40;12467699]There's definitely some submarine action going on there you know what I mean? 2 men go down 1 couple comes up and nobody can find the salami[/QUOTE] You think?:luvbed:

Post a Comment - View More User Comments (20)
Top Headlines Miguel Cotto Slams Critics Calling For Him To Retire From Boxing Jose Pedraza vs. Jamel Herring on Guerrero-Figueroa Card Conlan, Saucedo, Mike Alvarado, Mean Machine Win in Chicago Mayweather-McGregor: Showtime on Board, Confirms Espinoza Andrew Selby in Line For Daigo Higa With WBC Eliminator Win Joshua-Klitschko II: There Will Be HBO, Showtime Collaberation Shane Mosley Has To Pay Ex-Wife 75K in Defamation Lawsuit Photos: Orlando Salido vs. Aristides Perez - Official Weights Conlan May Get Step-Up Foe on Pacquiao-Horn, Says Macklin Groves vs. Chudinov To Be Streamed on Facebook, Youtube Francisco Vargas Had Surgery on Eyebrows, Wants November Date Ward-Kovalev Rematch: NSAC Has Assigned Three American Judges Mayweather: I Can't Overlook McGregor, Only Lost on The Ground! Cotto vs. Kamegai, Berchelt vs. Miura Picked By BoxNation Brook To Spence: You've Got To Take It, Rip it Out of My Hands Spence: It’s Time to Shut Up, Glove Up & Go to War With Brook Kermit Cintron vs. Tyrone Brunson Set For June 24th Kell Brook vs. Errol Spence - Extra Security Measures in Place Photos: Kell Brook, Errol Spence - Ripped and Ready For War! Warren Admits: If Saunders is Not 100%, Khurtsidze Will Beat Him Joe Smith's Promoter on LA Return, Possibility of Monaghan Bout Salido Returns, Looks Forward To Vasyl Lomachenko Rematch Kell Brook Weighs in at 146½ ; Errol Spence Comes in at 146¼ Abel Sanchez: Golovkin-Canelo Should 'Revive Our Industry' George Groves Thought Hard Before Fully Trusting McGuigan Brook: I Want Spence To Taste Every Bit of That Sugar in There! Hank Lundy is Gunning For Terry Flanagan, Robert Easter Fortune Calms Down Pacquiao Fans, Says No Reason To Panic Mike Tyson Explains Where His Money Went in Historic Career Kell Brook: When I Beat Spence - I'm The Man, Number One at 147 Malignaggi Breaks Down Why Brook-Spence Will Be Special Fight Photos: Hatton Pays Tribute To Victims of Manchester Tragedy Cotto: Marquez Has To Get Things Done or Keep His Mouth Shut! Johsua Return To Be Revealed in 3-4 Weeks, Likely Klitschko Oscar Valdez To Fight in Summer and Then The Fall, Says Arum Egis Kavaliauskas, Alex Saucedo - Both Eager For Bigger Things Photos: Orlando Salido vs. Aristides Perez - Final Press Conference James DeGale: Let's Make This Clear - Badou Jack is a P*ssy! Photos: Michael Conlan, Saucedo, Mike Alvarado - Official Weights WBA Turns Back on Floyd Mayweather vs. Conor McGregor Fight
Advertisement

Latest Active Forum Threads
Advertisement
Advertisement