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Haymon will now have to price his events just like everyone else. I doubt NBC would want to pay a lot of money for PBC to stay on and bring in 2mil viewers on prime time.
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Kim is good for K2/GGG news
Rafael is good for TR/GBP,,and DiBella related PBC news
Jake is good for PBC news.
That's what I've found.
And Schaefer is not PBC. We don't know what he's going to to at this point but I don't see Schaefer putting all his eggs in one basket (PBC) unless he can get exclusivity. That's been his M.O. as a promoter.
And I'm so tired of the poor Oscar narrative by the media, it's sickening. Oscar got paid very well for every fighter Haymon took. More money than any of those fighters had ever made for Golden Boy.
Oscar made business decisions he felt was good for his company and go back on his word and nobody has a problem with it.
One of the reasons Oscar may have taken Canelo to HBO is because Showtime would not pay the $4 million license fee Golden Boy was seeking for Alvarez to fight Joshua Clottey in December. Espinoza did not think that would be a deal-breaker, but it may have been enough to sway De La Hoya towards HBO. He also said there was a verbal agreement that Canelo would sign with Showtime.
Another reason Canelo left for HBO is so he can fight in May and September on the same weekends as big Mexican holidays. This is how De La Hoya scheduled his pro fights, and it’s the same way Mayweather has done it. Mayweather, despite not being Mexican, is with Showtime, and that has prevented Alvarez from doing the same thing.
“There were many factors involved in making the decision but recouping the dates (was important),” Alvarez said. “I always wanted to fight on Cinco de Mayo (weekend) and in September (on the weekend of Mexican independence day) because being Mexican those are always the dates that are celebrated and I am excited to fulfill my dreams of continuing that Mexican tradition.”Meanwhile, the jilted Espinoza, a former Golden Boy attorney who grew closer to Schaefer in recent years, said De La Hoya acted in a manner similar to the way he did in rejecting a Showtime fight versus Adonis Stevenson for light-heavyweight champion Bernard Hopkins over the summer and turning to Sergey Kovalev, who fights on HBO.
“Not that different. … I didn’t get a good explanation, found out about it on Twitter,” Espinoza said. “Late last night, after it was becoming public, I got a voicemail.”Most of Golden Boy’s other major fighters are managed by powerful Al Haymon, who has a better relationship with Showtime.De La Hoya made the decision to fire Schaefer. De La Hoya made the decision to move from Showtime to HBO. But let somebody make a business decision that best for them and their fighters and doesn't benefit Oscar and GBP and everybody goes crazyDe La Hoya’s relationship with Showtime is damaged now, possibly irreparably. Espinoza told SI.com that he believed he had a verbal agreement from De La Hoya to keep Canelo on Showtime long term. De La Hoya promised Espinoza that Alvarez would be on Showtime “for years to come” and said Canelo would fly to New York for a celebratory dinner, according to Espinoza. Even when De La Hoya came back for more money, Showtime agreed to pony up an additional $10 million. How did Espinoza hear about the HBO deal? Twitter.
“The disappointing aspect to all this is the shameful manner [in] which Oscar handled the whole thing,” Espinoza said. “There was no courtesy or professionalism. He reneged on multiple promises. He offered no explanation. Not that there could be an excuse for reneging on a company that has been supporting you for some time.”
According to De La Hoya, in the process of negotiating the settlement, Haymon communicated "affirmative statements" about working with Golden Boy to promote his fighters in the future. Yet according to a declaration of Al Haymon, 20 days later on Jan. 8, 2015, he "exercised a discretionary right" to end his business relationship with Golden Boy (and presumably buy out his fighters).
De La Hoya claims Golden Boy never would've made the agreement had they known Haymon would buy out his fighters so soon and, therefore, have been damaged in excess of $100 million.
After seeing the way ODLH dealt with Showtime, and knowing his history with business dealings with his former manager, I'd buy my fighters out too. Especially after making the decision to go to HBO who doesn't want to pay for fights. If Haymon hadn't bought his fighters from Golden Boy where would they be fighting on HBO now? Thurman vs. Porter would be PPV. Porter vs. Broner would've been PPV. Mares vs LSC would've been PPV. So if you were a manager what would you have done? There's no guarantee Haymon will even make back the money he paid for those fighters from Golden BoyComment
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I'm not sure about those categories.
I mean, from what I can recall from this past week, Steve Kim's tweets were what started the Schaefer talk, and those were later followed by reports from Rafael, Pugmire and Iole, who all talked to Schaefer...and it looks like Schaefer initiated some of those talks.
Steve Kim @steveucnlive · Jun 21
Word around the #boxing water cooler is that Richard Schaefer will soon announce his grand-(re)arrival to the sport with and....
Steve Kim @steveucnlive · Jun 21
The assumption is that Schaefer-pooluza tournament will feature Haymon boxers. Others were approached about this concept... #boxing
Dan Rafael Verified account @danrafaelespn · Jun 22
Richard Schaefer told me he is back in #boxing to promote with his own company, Ringstar Sports. Already licensed in some states.
Lance Pugmire Verified account @latimespugmire · Jun 22
"I'm back!" Richard Schaefer just called to tell me, informing his Ringstar Sports is licensed in NY, Cal., Texas.
Kevin Iole Verified account @KevinI · Jun 22
Richard Schaefer creates Ringstar Sports, back promoting boxing
Steve Kim @steveucnlive · Jun 23
So this new league/tournament format that Richard Schaefer will try and do, Im told Kalle Sauerland will be involved in it. #boxingComment
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I'm responding to your categories.
I never said Schaefer was PBC.
But it's likely he will work with Haymon on some fights, and could promote some PBC shows:
http://espn.go.com/boxing/story/_/id...ingstar-sportsHe also said he remains close to Haymon, who founded Premier Boxing Champions after Schaefer left Golden Boy. He said he likely will promote some PBC events.
Schaefer has no staff or fighters currently under contract. He said not only is he open to working once again with Al Haymon, the powerful boxing manager who created the Premier Boxing Champions, but he expects to have substantive talks with him soon.Comment
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Because the conversation started as me saying Kim and Rafael are not good sources for PBC news. Asked to show they're good for PBC news you brought up Schaefer. I said Schaefer isn't PBC and Jake is best for PBC news. Rafael is best for TR/GBP/Dibella and Kim is best for K2/GGG and you said no and posted infor about Kim being ahead on the Schaefer news. I said once again, Schaefer isn't PBC. Now you're saying you agree he isn't PBC but posting articles saying he's trying to work with PBC. Which, for the last time, confirms he's not with PBC.Comment
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One can only hope. Al Haymon has done more damage to boxing than anyone else in the past few years.Comment
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