Las Vegas - Richard Schaefer, the former CEO of Golden Boy Promotions, is seriously considering the possibility of returning to the sport of boxing.
Since leaving his post with Golden Boy in June of last year, Schaefer has been sitting on the shelf and observing the current landscape.
Shortly after his Golden Boy departure, his former company brought a legal action against him. The actual claims were never disclosed, but industry source are speculating that Golden Boy President Oscar De La Hoya had accused Schaefer of intentionally allowing the promotional contracts of various fighters to expire - in order to provide their manager/adviser Al Haymon with additional leverage with fight by fight agreements.
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Since leaving his post with Golden Boy in June of last year, Schaefer has been sitting on the shelf and observing the current landscape.
Shortly after his Golden Boy departure, his former company brought a legal action against him. The actual claims were never disclosed, but industry source are speculating that Golden Boy President Oscar De La Hoya had accused Schaefer of intentionally allowing the promotional contracts of various fighters to expire - in order to provide their manager/adviser Al Haymon with additional leverage with fight by fight agreements.
[Click Here To Read More]
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