None of that negates the fact that Schaefer failed in his fiduciary duty to GBP by letting promotional contracts expire and continuing to promote fighters on a fight-by-fight basis. By doing so, GBP assumed more risk than reward by investing and building up fighters that had no contractual obligation to do further business with them.
Just because Schaefer kept the ship afloat and moving while ODLH was tending to his personal matters, doesn't give Schaefer the right to be a negligent CEO. If he was so innocent, he surely would be promoting (probably with Haymon) right now. Instead, he has to take time off from the game as per the negotiated settlement between himself/Haymon/GBP.
It seems as if Schaefer was on board with Haymon's PBC plans but ODLH wasn't having any of it. And why should he...Haymon's model has the potential to shift power away from traditional promoters. and promoting is a huge part of ODLH's personal brand at the moment and going fwd.
I personally don't give a hoot about how it plays out, I want to see good competitive fights. but while discussing these things, be honest and give all the facts. Scipio seems biased.
Just because Schaefer kept the ship afloat and moving while ODLH was tending to his personal matters, doesn't give Schaefer the right to be a negligent CEO. If he was so innocent, he surely would be promoting (probably with Haymon) right now. Instead, he has to take time off from the game as per the negotiated settlement between himself/Haymon/GBP.
It seems as if Schaefer was on board with Haymon's PBC plans but ODLH wasn't having any of it. And why should he...Haymon's model has the potential to shift power away from traditional promoters. and promoting is a huge part of ODLH's personal brand at the moment and going fwd.
I personally don't give a hoot about how it plays out, I want to see good competitive fights. but while discussing these things, be honest and give all the facts. Scipio seems biased.

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