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chickens are coming home to roost
Richard Schaefer, the man that the Golden Boy ran out of the business (who was the nuts-and-bolts guy who actually built Golden Boy into its' position) was the one who had the relationship to lock-in the original FS1 deal, in addition to bringing AEG into the fold and having financial backers work with the company.
With Schaefer no longer in the mix, like most of the other parties, FS1 looked at the relationship and decided that they no longer wanted to be in business with Oscar De La Hoya and his Golden Boy Promotions.
Haymon has NBC/NBCSN, Showtime/CBS, ESPN/ABC, Sp1keTV, and BounceTV(not sure of the channel's reach) all under his banner; with UFC's deal with Fox/FS1, I doubt that they jump headlong into business with Haymon (monthly PBC shows on Sp1ke, a subsidiary of Viacom, who happen to be the owners of BellatorMMA, in addition to NBCSN and its' support of World Series of Fighting MMA, likely throws cold water on that move). Fox Sports may just end up getting out of boxing entirely.
Oscar and his company, come the summer, will now be left with hoping that HBO opens up its' boxing budget, to finance enough shows to provide for Top Rank Inc, the marquee fights from K2(Klitshko, Golovkin) and Main Events(Kovalev), and still have enough for him to sc**** a company together on.
checkmate
Richard Schaefer, the man that the Golden Boy ran out of the business (who was the nuts-and-bolts guy who actually built Golden Boy into its' position) was the one who had the relationship to lock-in the original FS1 deal, in addition to bringing AEG into the fold and having financial backers work with the company.
With Schaefer no longer in the mix, like most of the other parties, FS1 looked at the relationship and decided that they no longer wanted to be in business with Oscar De La Hoya and his Golden Boy Promotions.
Haymon has NBC/NBCSN, Showtime/CBS, ESPN/ABC, Sp1keTV, and BounceTV(not sure of the channel's reach) all under his banner; with UFC's deal with Fox/FS1, I doubt that they jump headlong into business with Haymon (monthly PBC shows on Sp1ke, a subsidiary of Viacom, who happen to be the owners of BellatorMMA, in addition to NBCSN and its' support of World Series of Fighting MMA, likely throws cold water on that move). Fox Sports may just end up getting out of boxing entirely.
Oscar and his company, come the summer, will now be left with hoping that HBO opens up its' boxing budget, to finance enough shows to provide for Top Rank Inc, the marquee fights from K2(Klitshko, Golovkin) and Main Events(Kovalev), and still have enough for him to sc**** a company together on.
checkmate
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