Comments Thread For: Schaefer Explains Ringstar Business Model, PBC Relationship

[Scipio2009]

Schaefer is a huge poser.Seems there will be big competition between all the Al Haymon promoters...

Well, let's see how the TV situation shakes out. If PBC ends up with Showtime/CBS/SpikeTV (in addition to providing monthly fight cards for ESPN and BounceTV) and Schaefer leverages his prior relationships to pick up the FS1 deal again, things could get interesting.

In the near-term though, Richard Schaefer is looking at a real talent crunch. TGB Promotions (Tom Brown's company out of SoCal) may not have the connections that Schaefer has just yet, but they've got fighters under their banner, their company does a really good job of matchmaking to get their guys ready, and Haymon seems to trust doing business with Tom Brown (opening things up for TGB to dip in up/down the West Coast and elsewhere).

Haymon locking down his talent with any one promoter (outside of limited instances) is counter-productive to the effort, and Schaefer is sharp enough to know that.

"big competition" likely never manifests; no different than the old NWA in professional wrestling, you're going to have promoters establishing their own basis in regions (DiBella in New York, Michel in Montreal, Marguiles in Chicago, Mayweather in Las Vegas, Tom Brown in SoCal, etc) and the talent that hasn't been established in any one market will move around, fighting under whatever promoter proves able to put on the best show in said market.

Boxing, i think, has a thirst out there for it, but the market is never going to sustain Schaefer putting on 40 shows a year, with PBC also putting on their slate of shows (unless Schaefer has his eyes on blitzing the FS1 and Solo Boxeo type shows for his company... which would make things real interesting)

[TheCell8]

Richard "The little snake in the grass" Schaefer...

[Scipio2009]

Funny that Floyd didn't bite. Schaefer was looking for investors and Mayweather chickened out, kept his hundreds of millions of dollars in the bank intact. This despite his talk of hiring Schaefer, the guy "who built GBP from the ground up." I always knew TBE's all talk.

Floyd/Leonard Ellerbe run and operate Mayweather Promotions; bringing Richard Schaefer into the fold would've been redundant (unlike Oscar, Floyd hasn't been an absent owner once his company committed to putting on their own shows).

In a perfect world, Schaefer wouldn't have even started Ringstar Sports; Schaefer and Haymon would've cut a deal, Schaefer would have an equity stake in PBC and become the public face (coordinating the TV product), and he'd use his experience/connections to troubleshoot/assist the promoters of the actual fight cards throughout the country.

[aboutfkntime]

wow, Richard Schaeffer sure has a lot of fans

[GMAN SUPREME]

richard the snake schafer is back from exile.not long before he tries to backstab someone and gets fired again.

[aboutfkntime]

Team Golovkin should have hired Schaeffer.

That way Gennady could fight someone that we have heard of.

[Scipio2009]

Is there even enough room for Schaefer and his promotional company?

As it stands, there are too many fighters and not enough tv dates.

Will come down to what happens with FS1, tbh. If Schaefer ends up with the FS1 deal, he can go to all of the gyms in SoCal, talk to the promising kids come along, and let them know that he can get them on TV, in meaningful fights, in a way that Golden Boy is, and will likely be for a while, unable to.

Schaefer and Tom Brown work to build the depth of the shows, Schaefer delivers for Fox Sports (in the way that Schaefer ended up getting the original Golden Boy deal), and Schaefer looks to Haymon when looking for fighters/fights to stage his bigger shows with.

If Schaefer doesn't end up with the FS1 deal, things get dicier

[Scipio2009]

Schaefer is a smart business man who knows how to get things done in this sport there's no doubt. However he's shady, turned a blind eyed on things on Golden Boy Promotions and attempted to screw Oscar over.

It didn't work. Golden Boy Promotions is thriving. Yes they pretty much had to start over but their moving forward in the right direction now.

Schaefer has a ways to go before getting on a equal playing field. Golden Boy is a power house still and are building their young talent the right way.

Oscar De La Hoya was a drug addict, whom the money backers no longer trusted to handle anything. The moment it became clear that Oscar was Oscar, anyone with interest in the company put their chips on Schaefer.

And Schaefer succeeded for them.

Oscar, after "finding faith" after another stint in rehab, came back, and proceeded to push out the operator that everyone was putting their money on. The moment Schaefer left, all of the money folks left with him.

To say that Golden Boy is "thriving" is an overstatment; the company is down to Oscar, Eric Gomez, Bernard Hopkins, and Robert Diaz running things and Saul "Canelo" Alvarez, "JoJo" Diaz Jr, and maybe David Lemieux as viable, top of the bill fighters.

If Alvarez ever decides to simply go with Canelo Promotions (he's already got the Mexican TV to himself, and the deal is directly between HBO and Alvarez for US broadcasting), Golden Boy Promotions is ****ed.

[Scipio2009]

Anyone else find it strange how much he over emphasized how although he will work with PBC, he is totally independent from them!

All that tells me is that he will be another shill for PBC!

Lou DiBella has a significant degree of independence because he's been consistently putting on his own shows, he knows all of the players in his market, and has a cache where he's the go-to guy for anything boxing related in New York/the Northeast.

Schaefer is likely looking at getting to that same point for his company in California/elsewhere.

[Scipio2009]

Gomez need to get in Oscar ear and get some great matchups going

Gomez needs to get into Alvarez's ear (and make sure that Alvarez sees Oscar for what he is)