He's too biased for a radio guy. Especially on sports topics. Sports is supposed to bring people together. Most of his posts have been too one sided and more appropriate for like Foxnews types.
Canelo was the 1st big Golden Boy asset that fought on Showtime so to say it was haymow scheme is far from the truth. Floyd moving to Showtime is why HBO cut ties with them to be spiteful. What was Oscar doing why all this was going on. He's the owner while Schaefer is the CEO he was in and out of rehab while they were setting record breaking numbers. If they have never made a profit they wouldn't still be in business. If you're constantly in the negative there isn't funds to keep putting on shows and nobody was coming out there pockets to fund these events.
You're wrong. Schaefer is the spiteful one. It started with the Canelo vs Lopez where **** lost the scheduling fight with Arum's JCC vs Martinez fight. Schaefer got butt hurt and moved the Canelo/Lopez over to Showtime.
HBO at that point was getting sick of Floyd. There's no love lost there. They let him go with zero regrets.
Schaefer is actually just a company employee, who may well be getting fired. In terms of relationships and connections, other promoters don't speak highly of him, accusing Golden Boy under him of running a closed shop. His connections appear to extend as far as Haymon and Espinoza.
There is a lot of talk about Schaefer doing a great job but rumour has it that the company hasn't made a profit in years with investors now unhappy, it is said to be one of the principal reasons Oscar is wresting back control.
Moreover, Schaefer has all but severed GBP's working relationship with boxing's biggest broadcaster HBO, in favour of going along with Haymon's scheme of moving all the fighters to Showtime, even to the extent where free agents are being allowed to fight on GBP cards. I think he had a misplaced faith in Haymon to the detriment of his own employers, which some are calling a breach of fiduciary duty.
Bottom line, if Schaefer was such an asset GBP wouldn't be having issues with him and Oscar wouldn't be saying things like "I can find another Schaefer". Sounds more like a liability.
I know hes the CEO, i was just saying "He is GBP" because he basically run its. Stop being narrow minded about Schaefer. The dude has more connections and relationships than any other promoter in the business today.
Attribute the success of GBP all of it down to this man Schaefer, it wouldn't be no where near as big player in the game if it wasn't for this guy. They landed Huge deals, acquired more fighters under his control, arenas such as MGM and other major sites are all in the fold.
Oscar is just the guy getting high, whilst Schaefer is doing what needs to be done. HBO cut ties with GoldenBoy over Floyd;s Showtime deal they got butthurt and paying for it in PPV buys.
There is so much into events and promoting/production that all makes events come together and its all accredited to the great work/working relationships Richard Schaefer has with his partners.
Did you not hear floyd say I probably wouldn't be working with GoldenBoy if it wasn't for Schaefer. How fighters always say wonderful things about Haymon that works with Schaefer. his abilities to make big fights, and get major fights made with his negotiations is not to be look past upon. Nobody thought Floyd would face Canelo. Compared to Arum that bashes every1 and anyone that looks at him funny.
dudes even got cinemas showing their fights.
Either way my original post was to say Schaefer is more than capable of take his talents/relationships elsewhere and be successful with what hes done and accomplished at GBP.
Great thread and discussion. Every so often, NSB gives me hope.
On the matter at hand, as far as I know Mayweather Promotions is still not licensed in Nevada (not sure about other states, but I doubt it). As an LLC in the state, Mayweather Promotions is essentially a low-tax/low-liability way of funneling Floyd's earnings in the state. This -- Nevada's business-friendly laws -- is the real reason Floyd only fights in Las Vegas. No doubt, Mayweather (really Ellerbe) is building a stable of fighters. But Mayweather Promotions has a long way to go in terms of building an actual business infrastructure necessary for all the stuff a promotional company is required to do. Seriously. There is a ton of planning and money that goes into even a relatively modest event. That's a huge investment, and I don't know how keen Mayweather is on making it, especially if he is going to have to give Schaefer and/or Haymon the keys to drive that car.
So, a DLH-Schaefer/Haymon/Mayweather split is bound to lead to some "reconciliation" among the various promoters and networks, if only out of business-necessity.
Great thread and discussion. Every so often, NSB gives me hope.
On the matter at hand, as far as I know Mayweather Promotions is still not licensed in Nevada (not sure about other states, but I doubt it). As an LLC in the state, Mayweather Promotions is essentially a low-tax/low-liability way of funneling Floyd's earnings in the state. This -- Nevada's business-friendly laws -- is the real reason Floyd only fights in Las Vegas. No doubt, Mayweather (really Ellerbe) is building a stable of fighters. But Mayweather Promotions has a long way to go in terms of building an actual business infrastructure necessary for all the stuff a promotional company is required to do. Seriously. There is a ton of planning and money that goes into even a relatively modest event. That's a huge investment, and I don't know how keen Mayweather is on making it, especially if he is going to have to give Schaefer and/or Haymon the keys to drive that car.
So, a DLH-Schaefer/Haymon/Mayweather split is bound to lead to some "reconciliation" among the various promoters and networks, if only out of business-necessity.
It's costs a lot to run a major promotional company, I read figures like $6 million a year, and it's generally a high risk business. Speculating, but I genuinely don't think FMJ cares enough to get in that deep with promoting to risk the money he earned fighting.
To be honest to ya, Floyd spends much more than $6 million a year on ********. So risk is not the issue here.
You're wrong. Schaefer is the spiteful one. It started with the Canelo vs Lopez where **** lost the scheduling fight with Arum's JCC vs Martinez fight. Schaefer got butt hurt and moved the Canelo/Lopez over to Showtime.
HBO at that point was getting sick of Floyd. There's no love lost there. They let him go with zero regrets.
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