
De La Hoya Explains Falling Out, Tension With Schaefer
Golden Boy Promotions President Oscar De La Hoya has bounced back on his feet after a bitter falling out with longtime company CEO Richard Schaefer early last year. The two former best friends saw their relationship crumble due to a conflict of opinion on the direction of Golden Boy. After being with Golden Boy from the start, and by De La Hoya side for a decade, Schaefer submitted his resignation last June and walked away from the company.