Advertisement
Advertisement
Boxingscene.com

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 Miguel Cotto Will Resume Training at Wild Card on July 3 Bellew: Brook Had The Fight Beaten Out of Him By Errol Spence Porter: Spence Sent Message To Entire Welterweight Division Khan Wants to Fight Brook at Bramall Lane Next Summer Spence Broke Brook's Left Orbital Bone, Surgery a Possibility Spence: Brook Had To Quit - Or Eye May Get Permanent Damage Alexander vs. Collazo in Play For Potential Garcia-Broner Card Spence: I Proved Myself; Now It's Time for Thurman to Fight Me! Photos: Errol Spence Drops, Stops Kell Brook - MONSTER Gallery Photos: Groves Finally Does It, Stops Chudinov To Become Champ Callum Smith Pumped, Feels 100% Ready For Anthony Dirrell Groves: Who Wants To Fight Me? I'm Tired of Chasing People Papazov Edges Chaniev, Chebotarev Gets Another Kayo Win Arum: If McGregor Can't Get Mayweather, Then Pacquiao is There! Marquez Fires Back at Miguel Cotto: Take Care of Kamegai First! WBC Asian Boxing Council: Titov and Kurbanov Are Honoured Julio Ceja Drops, Stops Anselmo Moreno in Three Rounds Orlando Salido Gets Off The Floor To Stop Perez in Eight Spence: I Was Sluggish, Wasn't Sharp; Give Myself a B-Minus Video: Errol Spence Gives His Take on Kell Brook Taking a Knee Video: Eddie Hearn on Brook's Future, Groves Winning Belt, More Kell Brook: I Just Couldn't See, I Had To Take a Knee Spence: I Knew Kell Brook Would Break Down If I Pressed Him Video: Errol Spence Discusses KO Title Win at Post Fight Presser Video: Eddie Hearn Discusses Kell Brook's Eye Injury, The Future Amir Khan on Kell Brook: The Golovkin Demons Have Come Back! Samedov, Baysangurov, Sharipova Get Wins in Moscow Video: Errol Spence Breaks Down KO Title Win, Talks Future Errol Spence Drops, Stops Kell Brook in Eleven To Win IBF Belt Kell Brook vs. Errol Spence - LIVE BoxingScene Scorecard George Groves Stops Fedor Chudinov in Six Rounds For WBA Title George Groves vs. Fedor Chudinov - LIVE BoxingScene Scorecard Brook vs. Spence Analysis: It May Come Down To Chin Durability Kell Brook vs. Errol Spence - LIVE Results Kell Brook vs. Errol Spence - CompuBox Historical Review Kell Brook-Errol Spence: Pre-Fight Report Card Salido Aims To Be Impressive, Feels Lomachenko Has Improved Photos: Michael Conlan, Mike Alvarado, Saucedo Get Wins Frank Warren Tabs Errol Spence To Beat Kell Brook in Sheffield Kell Brook: I'll Prove Everyone Wrong Again Against Spence
Advertisement

Latest Active Forum Threads
Advertisement
Advertisement