Comments Thread For: Richard Schaefer Officially Departs From Golden Boy

[Brandish]

Forbes really that bad at predicting thou, just like they said Trump was only worth 2.4 billion, turns out he was worth almost 10.

like i said do you have another source?

[IMDAZED]

It's good to see an ex-fighter come out on the winning side against the snakes who try to steal their money for once.

True. I remember when Oscar hired Schafer and Espinoza to break free from Arum.

[parrish duke]

Arum is consistent, he pisses everyone off and ****s everyone. Schaefer is a very schrewd business man, he recognizes the BS, Oscar bless his heart is a fighter not a businessman. Not sure what to expect as of yet. The landscape changes tho. If people really think the cold war is over, please remember that Haymon has a lot of fighters under contract, and Bob does not mess with Haymon, if Bob does not mess with you, he will not let you eat off his plate and vice verse, the only exception is Don King because they are the same age so they can relate to one another. Bob hates Haymon / Schaefer

[gbonafide]

Slick Rick and his "stacked cards" of Haymon fighters paired against bums can go fcuk off now. Time to go home and manage the BSC Young Boys at Wankdorf now. What a muppet.

[Bronx2245]

read Steve Kim's story on maxboxing today. Cotto talks about why he is back working with top rank. And Cotto is expanding his promotional company and co promoting with top rank. janthony Ortiz Jose Lopez are all we signees that are being co promoted.

I read the article, thanks for that. Did you find it interesting that Cotto kept mentioning Todd, and did not mention Arum not one time? Again, I think Arum is a snake. He needs to go. This is not the first time I heard boxers who have major issues with Arum, go and praise Todd. Obviously, Todd is not the problem.

[HanzGruber]

Wow wonder how this will play out

[-PBP-]

Of course you can compete, where do you get this from? You own shares, big deal.

I deal with **** like this on a daily basis. I work in shareholder litigation. I'm actually working on a case now with this very issue.

Usually when a CEO resigns, he maintains ownership in the business for this very reason. If he were to sell his shares, they will probably structure it in a way that Schaefer would be subject to some type of earn out where his payout will be tied to the company's performance.

[IMDAZED]

I deal with **** like this on a daily basis. I work in shareholder litigation. I'm actually working on a case now with this very issue.

Usually when a CEO resigns, he maintains ownership in the business for this very reason. If he were to sell his shares, they will probably structure it in a way that Schaefer would be subject to some type of earn out where his payout will be tied to the company's performance.

One, I highly doubt he resigned.

Two, holding shares doesn't mean you can't get a job.

[The Raw Dog]

For years people have been complaining about Mayweather's resume, and Haymon's involvement in the sport, to the point of wishing these dudes ill will at every turn, but fail to acknowledge their contribution to record breaking events, sensational fights resulting in upsets, and for the 1st time fighters actually having legitimate control of their careers inside, and outside the ring.

Schafer seems like the one who pushed for this dissolution agreement, and yet people are championing this as a victory for GBP, when the unknown is the only thing that company is facing. If Oscar maintains a good relationship with Haymon, I don't see no reason why his banner can't continue to put on quality cards, but assuming Arum and Top Rank are going to treat GBP as equals in business dealing going forward, remains to be seen...

[NOI]

I swear De la hoya is the Buddy Mcgirt of promoting. Golden boy and Sho took it two massive well established companies in HBO and TR and was getting in some good shots and here come De la Hoya ready to throw in the towel.
Lame.