Promoter Bob Arum Told Jabs at Floyd Mayweather Jr. Camp...

[Spacey1991]

Promoter Bob Arum told jabs at Floyd Mayweather Jr. camp because of stalled Manny Pacquiao talks

BY Mitch Abramson
DAILY NEWS SPORTS WRITER
Friday, November 20th 2009, 4:00 AM

The posturing over negotiations for possibly the most lucrative fight of all time has begun.
Promoter Bob Arum told the Daily News Thursday that he recently tried to start discussions for the potential mega-fight between Manny Pacquiao and Floyd Mayweather Jr. and walked into a roadblock. The dialogue was cut short when Arum said that Richard Schaefer, who promotes Mayweather, told him that the boxer is currently a promotional free agent - which Mayweather's camp denies.
Now, Arum, who promotes Pacquiao, said he isn't sure who to deal with in regards to making the fight, which would probably take place in the spring.
"I'm waiting for a clear direction for who I'm supposed to negotiate with," Arum said yesterday during a luncheon to celebrate Brooklyn's Yuri Foreman, the first orthodox *** to win a world championship in nearly 70 years. Foreman won a decision against Daniel Santos on Saturday to capture the WBA junior middleweight title on the undercard of Pacquiao-Miguel Cotto.
"Floyd can choose anyone he wishes to negotiate for him," Arum went on. "I assume that if Floyd wants to do the fight then that person will emerge. But Floyd doing it himself will be a catastrophe."
When told of Arum's comments, Leonard Ellerbe, an adviser to Mayweather, chuckled and provided a window into the discord that exists between the two camps. Arum is Mayweather's former promoter.
"Mayweather Promotions is discussing Floyd's options right now," Ellerbe said. "When it comes time to express those options, Richard (Schaefer) will be the one to express our position to Top Rank.
"This is typical Arum, to be playing games like this. It's no secret, the whole world knows that both camps don't see eye to eye. But Floyd has made it perfectly clear that he wants the fight."

Read more: http://www.nydailynews.com/sports/mo...#ixzz0XQgk6hRh

GBP don't promote Floyd fully... they are co-promoters to him with Haymon and Ellerbe I think. Its kinda strange to be honest, but Ellerbe said Floyd wants the fight and he wouldn't say it if he didn't and I remember reading that Schaefer is waiting to hear from Team Mayweather to see what kinda deal they want before starting negotiations, which you can't really blame them for.

Nobodies to blame just yet, lets wait and see what happens yet.

At the end of the day, as much as I want to see the fight... it was just 5-6 days ago... it aint gonna just happen all of a sudden.

[Bernie Madoff]

You think Arum's an idiot? He knows GBP is Floyd's promoter. And yes, he went to them first and then what does Ellerbe say at the end of the article?

"When it comes time to express those options, Richard (Schaefer) will be the one to express our position to Top Rank."

Floyd is a promotional free agent. He signs fight-by-fight with different promoters. Why does that confuse you so much?

Schaefer had said that he was waiting from authorization from FMJ to begin negotiations.

[Bernie Madoff]

GBP don't promote Floyd fully... they are co-promoters to him with Haymon and Ellerbe I think. Its kinda strange to be honest, but Ellerbe said Floyd wants the fight and he wouldn't say it if he didn't and I remember reading that Schaefer is waiting to hear from Team Mayweather to see what kinda deal they want before starting negotiations, which you can't really blame them for.
.

The coordination of a mega-fight is a big thing. Very complex. You need an infrastructure to successfully promote, and MP doesn't have that. they are just a holding company/imprint that contracts more experienced promoters to do the leg work.


You can view that as either a) a ***** move or b) smart because you make money yet farmed out all the work.

Imagine if someone gave you $100 to paint their house. You are not a great painter. You can try it, but you wouldn't do a great job. Now, you can drive by the home depot and pick up Javier who will do the job for $50 bucks. he does a great job, and you just keep $50 merely for acting as the broker.

That is what Mayweather Promotions is.

...and I'm glad that they farm out the work rather than screw up the promotions of these big fights. Haymon is an experienced concert promoter. But not a seasoned boxing promoter.

Fights are different than concerts. If you mess up the concert in Denver, no worries, you will be in Phoenix the next night, and you just need to improve things. A fight is one night, one chance.

And at the same time, MP doesn't have the headaches of corporate taxes, bonds, arena deposits, insurance, etc that goes with promoting a big event. Ever since Fan Man, Bowe/Golota, etc, insurance for fights is a problem. And in a post 9/11 world, security costs skyrocketed. All this while training for a huge fight with a steroided southpaw who can punch your head off

GBP has an existing "big fight" infrastructure, but no big PPV fighters. Mayweather is essentially using their expertise which would be sitting idle otherwise. And Schaefer knows that!!

GET IT?