http://www.thesweetscience.com/news/articles-frontpage/18717-bernard-hopkins-weighs-in-on-golden-boy-situation
Also makes it clear he's not in contract with GBP.
Two quotes are telling:
.
I kept telling everyone to go back and listen to his Shumenov in-ring post fight interview on Showtime. He makes it clear that he's siding with Schaefer and Haymon. He thanks Schaefer and says his loyalty is with Schaefer and that Al Haymon is a good friend of his. Says nothing about De La Hoya or Golden Boy.
Interestingly enough, it appears that GBP and it's constituents never tied anyone down with any type of agreement. BHOP, if is a partner with GBP, isn't going anywhere fast. If he is looking to jump to another promoter - he'd probably couldn't because he would be subject to the same non-competing clause. He may want Haymon to represent him as a manager; or advisor, but that should have no impact to his duties/obligation as a partner for the company.
The only thing really important is the non-compete clause and there definitely should be one. That said, those things usually run for about a year (not long in the big scheme of things) or when the business that the prior CEO was handling is complete/over.
Also, unless GBP has some bylaws stating otherwise (and it's possible since they're a private firm), there is nothing that can stop Schaefer from starting his own company while holding shares of GBP. Now if he was to join another promotional company, they may (I repeat, may) ask him to sell his GBP shares simply because they don't want him to have a reason to see their rival do well.
I said the same exact thing on another post.
http://www.boxingscene.com/forums/showpost.php?p=14620407&postcount=188
It's true...there is most likely a non-compete clause. It's the reason why he's probably very open-ended with his "next step".
WondEr how much this has to do with Oscar going to rehab the week of the second biggest fight in boxing history or if he's using again?
Gladiator is a good boxing movie, but I think it has more to do with Oscar not really being involved at all in the operation, now he used to do some stuff on conference calls and at press events but he really fell off. I just think it is a general lack of involvement, then now he wants to run the show.
I do hope he isn't using again that would be sad, sucks for him given the stressful circumstances he is in currently because that is a recipe for relapse.
im not liking where this is going, this could be the end of golden boy being a major force. haymon can just as easily use other promoters for his fighters, golden boy have weaker stable than tr
Hard to tell what will become if all these promoters. I just hope we get to see a lot of fights on tv. I don't even mean Mayweather and the plastic superstars, I mean the regular shows that go on week after week.
Also very significant:
***8203;Although it is widely presumed that Schaefer, a Swiss-born banker who had no background in boxing until he became De La Hoya’s business manager and then GBP’s CEO, will now partner up with Mayweather, Haymon and Ellerbee, there are legal issues that must be ironed out. For one thing, Schaefer – who signed a contract extension with GBP in April 2012 that Hopkins said “runs until, I think, 2017 or 2018” – remains a shareholder in the company, which could make it difficult for him to join Mayweather Promotions or some other promotional entity until the expiration of that arrangement. In a prepared statement, Schaefer indicated that he will “look forward to the next opportunity,” and that he hopes that opportunity is in boxing, but he also noted that he also is “proud to remain a shareholder, so I have a strong interest in the continued success of the company.”
The only thing really important is the non-compete clause and there definitely should be one. That said, those things usually run for about a year (not long in the big scheme of things) or when the business that the prior CEO was handling is complete/over.
Also, unless GBP has some bylaws stating otherwise (and it's possible since they're a private firm), there is nothing that can stop Schaefer from starting his own company while holding shares of GBP. Now if he was to join another promotional company, they may (I repeat, may) ask him to sell his GBP shares simply because they don't want him to have a reason to see their rival do well.
He didn't thrash either side. Stevenson is with Haymon and that's the fight he wants so why not. More interested in where maidana,Lucas,Thurman,Garcia,Santa Cruz,the ghost,porter,broner,and kid chocolate go from here than b hop
He said he will go to whichever side benefits him the most. That's honest. He even said he might not use either Oscar or Schaefer for his next fight
We all knew that anyway. Hopkins isn't exactly known for his loyalty.
He said he will go to whichever side benefits him the most. That's honest. He even said he might not use either Oscar or Schaefer for his next fight
***8203;***8220;I***8217;m not under contract to Golden Boy,***8221; stressed Hopkins, who added that he has spoken recently to both De La Hoya and Schaefer. ***8220;No one has asked me to come here or to stay there. I got my own team, a separate team. When all is said and done, I***8217;m going to evaluate everything and decide to do what***8217;s best for Bernard Hopkins. I***8217;m going to try to be fair to everybody, but I got to look out for me first. It***8217;s crucial for me to make the right move, whether it***8217;s with Richard or with Oscar. I worked too hard to get here to do anything else.
***8203;***8220;No matter what, though, what***8217;s going on now between them won***8217;t affect me from getting in the ring and winning another title. I want to continue to unify the light heavyweight division, and with two titles I***8217;m in better position to do that now, regardless of the shakeup. I could even promote my next fight myself. It won***8217;t be an emotional decision. I***8217;m going to align myself with the best, with the smartest, and with whoever can do the most for me at this stage of my career.***8221;
Two quotes are telling:
It’s crucial for me to make the right move, whether it’s with Richard or with Oscar. I worked too hard to get here to do anything else.
“I don’t have a contract with Al Haymon, but I wouldn’t mind having one because he knows the business and he knows how to make the moves to get you where you need to be.”