Advertisement
Advertisement

Schaefer: Golden Boy Will Not Get Hurt By HBO's Move

By Robert Morales

HBO on Monday morning made a rather startling announcement. For now it is no longer going to buy fights from, or do business with, Oscar De La Hoya's Golden Boy Promotions.

An HBO official, who spoke on the condition of anonymity, expounded.

"We just felt it was best to align ourselves with people who share the same common goals as us," the official said. "We want to take young fighters and put them on the biggest boxing television platform and hopefully launch them into stardom. Fighters like Gennady Golovkin, Andre Ward, Brandon Rios, Tim Bradley (none of whom are promoted by Golden Boy). We are just not on the same page right now (with Golden Boy). But this is boxing, so you never say never."

The official was asked if this move has anything to do with HBO recently losing Floyd Mayweather Jr. to rival Showtime. Mayweather does not have a promotional contract with Golden Boy, but Golden Boy has promoted his past several fights.

The official said that was not the case and the decision had more to do with Golden Boy fighters like Amir Khan, Danny Garcia and Saul "Canelo" Alvarez, whose careers were launched by HBO only to see them bolt to Showtime when terms for future fights could not be agreed upon.

The official described that kind of business as "very unproductive."

Richard Schaefer, CEO of Golden Boy, said he believes this clearly is a result of the aftermath of the aforementioned fighters leaving HBO for Showtime. Schaefer, however, said the statement issued by HBO Sports President Ken Hershman regarding this ordeal is contradictory.

"To use a statement that they are going to focus on the best fighters in the best weight classes, I mean, the best and most exciting weight classes are 140, 147 and 154," Schaefer said. "You look at the strength of our stable in those three weight classes, I mean, how can you say that you want to put together the best fights with the best fighters when the best fighters - and I'm not exaggerating, about 80 to 85 percent - are with Golden Boy?"

Schaefer said he does not believe this will hurt Golden Boy, which has a very strong relationship with Showtime and its vice president in charge of sports, Stephen Espinoza.

"You look at the strength of our stable, you look at our lineup, you look at the dates we have, you look at the commitment Showtime and CBS has made toward the sport of boxing, why would it?" Schaefer said. "And this is not the same Showtime of two, three years ago when they were under Ken Hershman. This is a new Showtime under Stephen Espinoza. Does it hurt HBO not to do business with Golden Boy?. "Does it hurt their subscribers?"

Hershman, who at least for now will have no further comment, previously occupied the post Espinoza now holds at Showtime, which hired Espinoza in November 2011 after Hershman announced he was leaving for his current post at HBO.

Robert Morales covers boxing for the LA Daily News and BoxingScene.com.

User Comments and Feedback (Register For Free To Comment) Comment by Los Zetas on 03-20-2013

[quote=flint] great move by goldenboy.HBO has itself to blame.putting all the eggs in pacquiaos basket then he got put to sleep.HBO chose chavez over canelo so this is what you get.one things for sure is that arum won't be keeping…

Comment by ThePunchingBag on 03-20-2013

It will hurt GBP in the long run if Showtime can't pony up more money to keep the business going. GBP might have to back off from signing new prospects if they can't afford to pay a growing stable on…

Comment by Dr Rumack on 03-20-2013

It's obviously bad for Golden Boy that HBO isn't available to them anymore. It's not good for HBO either but GBP gave them little choice, and ultimately they have enough interests in different markets to not be too worried about…

Comment by Mr. Philadel on 03-20-2013

HBO, SHO, CBS, NBC, CNN is like McDonalds, Burger King, Taco Bell, KFC, and those other junk food companies....might look different, taste different and might even offer a different product....but at the end of the day...they're ALL the same with…

Comment by Man232 on 03-20-2013

You idiots really think CBS/Showtime doesn't have the budget are you kidding me??? CBS is the most watched network if they want to pay for boxing they will pay for boxing! Now that they have the best stable in boxing…

Post a Comment/View More User Comments (34)
Top Headlines Anthony Cacace, Barry McGuigan Decide To Part Ways Hearn Urges Haye To Face Whyte To Speed Up Road To Joshua Deontay Wilder Granted Permission To Make Voluntary By WBC Zolani Tete: Haskins and McDonnell are Holding My Titles Kathy Duva To Be Honored At 7th Annual Raging Babe Brunch Jurors Set For All-Star Boxing vs. Canelo/Golden Boy Lawsuit Jazza Dickens (Injury) Pulled From June 4 Liverpool Show Miguel Flores To Face Ruben Tamayo on PBC on FS1 Erislandy Lara Sees No Network Issues in Making Golovkin Fight Casimero Knocks Out Ruenroeng In Four, Wins Flyweight Crown Focal Point: Lebedev Rises To Top Of Red-Hot Cruiserweight Division Keith Thurman: We Don't Yet Know If Kell Brook is 'Really Special' Provodnikov: Golovkin Blows Out Canelo, GGG-Ward is The Fight Michael Buffer on The UK Scene and Tony Bellew Friendship Morrison, Johnson To Return On June 18 In Manchester Parker Eyes War With Joshua, Brushes Off Whyte's Trash Talk Video: Ruslan Provodnikov Shows His Power on The Heavy Bag Groves Feels Murray Never Recovered From Pounding By Golovkin Video: Ruslan Provodnikov Details Strategy, Camp For Molina Teddy Atlas: I Don't Think There is Any Interest in May-Pac Rematch Whyte Eyes Anthony Joshua Rematch: I Want To Whup His Ass! Video: Joel Diaz on Recent Defeats of Victor Ortiz, Tim Bradley Custio Clayton Continues His Streak With Knockout Win Video: Justin Fortune on Khan, Golovkin, McGregor, Canelo, More Miguel Vazquez: I Will Ask Al Haymon To Get Me Adrien Broner Jermell Charlo Tells WBC That He Wants Canelo Alvarez Clash Video: John Molina Talks, Ruslan Provodnikov Crashes Interview Golovkin's Promoter: Canelo Talks Not Dead, Still Our Priority! Video: Ruslan Provodnikov Cracks Away on The Mitts Video: Provodnikov on Golovkin vs. Canelo, Facing John Molina Video: Shane Mosley vs. David Avanesyan Final Press Conference Video: David Avanesyan Confident of Stunning Shane Mosley WBC Eyes Tourney, With WBA/IBF, To Set Golovkin's Opponent Lara: I Want Golovkin Next, He Would Solidify My Legacy! WBC Prez Wants Canelo Hate To Stop, Plans To Give High Ranking Video: Martin Murray Confident of Taking Down George Groves Video: George Groves on DeGale vs. Jack, Haye, Facing Murray Dorticos Already Back In Gym After FOTY Win Over Kalenga Lara-Martirosyan II Leads Second-Most Watched '16 SHO Telecast Video: George Groves, Martin Murray Go Face To Face
Advertisement

Latest Active Forum Threads
Advertisement
Advertisement