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Richard Schaefer officially out from Golden Boy Promotions
Bring on GBP vs TR fights ...
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Re: Richard Schaefer officially out from Golden Boy Promotions
Yep, Oscar needed to get back his company. Schaefer may have been CEO, but Oscar founded it and is the majority shareholder. The cold war between Golden Boy and Top Rank is over.
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I doubt this will work out in a way that should be celebrated. Oscar is dumb as a box of rocks. Arum will play him. We can hope for the best but I doubt this is good for anyone but Arum.
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If this indeed leads to big fights between the two promotions then great!
Nothing against Schaefer but if he was the last obstacle or greatest obstacle then good riddance.
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Re: Richard Schaefer officially out from Golden Boy Promotions
Quote:
Originally Posted by
Ron Swanson
I doubt this will work out in a way that should be celebrated. Oscar is dumb as a box of rocks. Arum will play him. We can hope for the best but I doubt this is good for anyone but Arum.
Feb 26-2014 from Oscar
Quote:
"All the animosity, all the bad words that have been going back and forth, there's no need for it. Boxing is a sport that I dearly love and we're both adults. Bob Arum did a lot for my career and I greatly appreciate it. I can honestly say that I love the guy because he's someone who did a lot for my career and really catapulted my career and did a tremendous job in promoting my career. He's a master at what he does. ... I will meet with Bob Arum one day, and I will sit down with him, and I do hope things get worked out and patched up, because that's what the fans need. The boxing fans want to see all these great fights happen."
May 4-2014 from Floyd Myweather
Quote:
"Richard always has a home over here. We would love to work with him hand in hand if he has any problems over there because we know it's a company Richard Schaefer built. We working hand in hand already. We would love to work with Richard. He's a great guy, a great father. Richard knows the door is always open. Richard Schaefer knows he's family."
Oscar is starting to look the odd man out because with Floyd's comments it would seem there is a 3-way split instead of a 2 and with Floyd goes all of Haymons fighters,
Floyd Mayweather Jr.
Adonis Stevenson
Amir Khan
Peter Quillin
Josesito Lopez
Erislandy Lara
Cristobal Arreola
Devon Alexander
Adrien Broner
Kyrone Davis
Andre Berto
Danny Garcia
Austin Trout
Lamont Peterson
Anthony Peterson
Seth Mitchell
Gary Russell Jr.
Sakio Bika
J'Leon Love
Omar Figueroa
Leo Santa Cruz
John Molina, Jr.
Deontay Wilder
Lucas Matthysse
Chris Pearson
Errol Spence
Marcos Maidana
Julian Williams
Keith Thurman
Paulie Malignaggi
Robert Guerrero
Shawn Porter
Luis Collazo
The Charlo brothers
Rances Barthelemy
That leaves Oscar with Hopkins, Mares, Alvarez and a hand full of gate keepers and prospects. He may find himself crawling back to Hbo and taking a back seat. We may get a few fights out of this which is good but I think the wall of ice between Floyd ergo Haymon/ Arum will continue.
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Quote:
Originally Posted by
IamInuit
Quote:
Originally Posted by
Ron Swanson
I doubt this will work out in a way that should be celebrated. Oscar is dumb as a box of rocks. Arum will play him. We can hope for the best but I doubt this is good for anyone but Arum.
Feb 26-2014 from Oscar
Quote:
"All the animosity, all the bad words that have been going back and forth, there's no need for it. Boxing is a sport that I dearly love and we're both adults. Bob Arum did a lot for my career and I greatly appreciate it. I can honestly say that I love the guy because he's someone who did a lot for my career and really catapulted my career and did a tremendous job in promoting my career. He's a master at what he does. ... I will meet with Bob Arum one day, and I will sit down with him, and I do hope things get worked out and patched up, because that's what the fans need. The boxing fans want to see all these great fights happen."
May 4-2014 from Floyd Myweather
Quote:
"Richard always has a home over here. We would love to work with him hand in hand if he has any problems over there because we know it's a company Richard Schaefer built. We working hand in hand already. We would love to work with Richard. He's a great guy, a great father. Richard knows the door is always open. Richard Schaefer knows he's family."
Oscar is starting to look the odd man out because with Floyd's comments it would seem there is a 3-way split instead of a 2 and with Floyd goes all of Haymons fighters,
Floyd Mayweather Jr.
Adonis Stevenson
Amir Khan
Peter Quillin
Josesito Lopez
Erislandy Lara
Cristobal Arreola
Devon Alexander
Adrien Broner
Kyrone Davis
Andre Berto
Danny Garcia
Austin Trout
Lamont Peterson
Anthony Peterson
Seth Mitchell
Gary Russell Jr.
Sakio Bika
J'Leon Love
Omar Figueroa
Paul Williams
Leo Santa Cruz
John Molina, Jr.
Deontay Wilder
Lucas Matthysse
Chris Pearson
Errol Spence
Marcos Maidana
Julian Williams
Keith Thurman
Paulie Malignaggi
Robert Guerrero
Shawn Porter
Luis Collazo
The Charlo brothers
Rances Barthelemy
That leaves Oscar with Hopkins, Mares, Alvarez and a hand full of gate keepers and prospects. He may find himself crawling back to Hbo and taking a back seat. We may get a few fights out of this which is good but I think the wall of ice between Floyd ergo Haymon/ Arum will continue.
That's sort of how I feel. We'll get a couple fights Bob wants and once Bob has gotten what he wants suddenly they'll have problems again so Bob doesn't have to give Oscar the fights Oscar wants.
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Re: Richard Schaefer officially out from Golden Boy Promotions
Quote:
Originally Posted by
Ron Swanson
Quote:
Originally Posted by
IamInuit
Quote:
Originally Posted by
Ron Swanson
I doubt this will work out in a way that should be celebrated. Oscar is dumb as a box of rocks. Arum will play him. We can hope for the best but I doubt this is good for anyone but Arum.
Feb 26-2014 from Oscar
Quote:
"All the animosity, all the bad words that have been going back and forth, there's no need for it. Boxing is a sport that I dearly love and we're both adults. Bob Arum did a lot for my career and I greatly appreciate it. I can honestly say that I love the guy because he's someone who did a lot for my career and really catapulted my career and did a tremendous job in promoting my career. He's a master at what he does. ... I will meet with Bob Arum one day, and I will sit down with him, and I do hope things get worked out and patched up, because that's what the fans need. The boxing fans want to see all these great fights happen."
May 4-2014 from Floyd Myweather
Quote:
"Richard always has a home over here. We would love to work with him hand in hand if he has any problems over there because we know it's a company Richard Schaefer built. We working hand in hand already. We would love to work with Richard. He's a great guy, a great father. Richard knows the door is always open. Richard Schaefer knows he's family."
Oscar is starting to look the odd man out because with Floyd's comments it would seem there is a 3-way split instead of a 2 and with Floyd goes all of Haymons fighters,
Floyd Mayweather Jr.
Adonis Stevenson
Amir Khan
Peter Quillin
Josesito Lopez
Erislandy Lara
Cristobal Arreola
Devon Alexander
Adrien Broner
Kyrone Davis
Andre Berto
Danny Garcia
Austin Trout
Lamont Peterson
Anthony Peterson
Seth Mitchell
Gary Russell Jr.
Sakio Bika
J'Leon Love
Omar Figueroa
Paul Williams
Leo Santa Cruz
John Molina, Jr.
Deontay Wilder
Lucas Matthysse
Chris Pearson
Errol Spence
Marcos Maidana
Julian Williams
Keith Thurman
Paulie Malignaggi
Robert Guerrero
Shawn Porter
Luis Collazo
The Charlo brothers
Rances Barthelemy
That leaves Oscar with Hopkins, Mares, Alvarez and a hand full of gate keepers and prospects. He may find himself crawling back to Hbo and taking a back seat. We may get a few fights out of this which is good but I think the wall of ice between Floyd ergo Haymon/ Arum will continue.
That's sort of how I feel. We'll get a couple fights Bob wants and once Bob has gotten what he wants suddenly they'll have problems again so Bob doesn't have to give Oscar the fights Oscar wants.
Cant explain the May 4th date??? for that quote. Found the article.
Floyd Mayweather says Richard Schaefer has a home at Mayweather Promotions, if needed - Bad Left Hook
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From Floyds side the quote makes some sense, this has been in the works for a while. And of course they would want Schaeffer. But who knows what Richards settlement was. He was inked through 2018 so he didn't go cheap.
What confuses me is why on earth the board would okay this. Unless they had some sort of reassurance from Haymon before letting Schaeffer go it's a huge gamble that could set the company back many years.
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Re: Richard Schaefer officially out from Golden Boy Promotions
Little wonder why Oscar was making such a push to purchase the Clippers with this clearly brewing for some time. I can't see him coping without major partners. Lets face it, as far as 'product' at least on a monthly basis they put out mere heavily stacked showcases for favorites. Anything that forces the Chefs in the kitchen to effort the same meal should be encouraged.
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Re: Richard Schaefer officially out from Golden Boy Promotions
Floyd just bolted from Golden Boy. I had just posted on another forum that I thought Floyd was poised to become a major player and promoter after he retires in a similar thread to this and found a new report via ESPN notification.
Floyd Mayweather vows to stop working with Golden Boy Promotions after CEO Richard Schaefer resigns - ESPN
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Re: Richard Schaefer officially out from Golden Boy Promotions
Golden Boy just needs a new CEO, Oscar will find another one. He did with Schaefer. And I seriously doubt Mayweather will become a force in promotions. He just doesnt have the personality or smarts. If he was really all about that money, he wouldn't be making enemies left and right in the business world. Even though someone here said OScar is stupid, he's worth hundreds of millions and is the founder of this company.
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Quote:
Originally Posted by
generalbulldog
Golden Boy just needs a new CEO, Oscar will find another one. He did with Schaefer. And I seriously doubt Mayweather will become a force in promotions. He just doesnt have the personality or smarts. If he was really all about that money, he wouldn't be making enemies left and right in the business world. Even though someone here said OScar is stupid, he's worth hundreds of millions and is the founder of this company.
Oscar made money off fame and looks. He's a figurehead, he did not build that company. Maybe he can hire someone else to run the company well that Schaeffer built. Maybe he can't. We'll see but as is this company just lost millions upon millions upon millions of dollars. Between the buyout and the near certainty they lose the Haymon fighters this company could be in real trouble. Oscars name isn't what it was when he started it. Fighters see Haymon as the guy that gets you paid and Oscar as the cross dressing lush.
And it's not just Schaeffer leaving. The chief marketer is leaving and others as well. Fishnets won't stop the flood.
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Re: Richard Schaefer officially out from Golden Boy Promotions
Quote:
Originally Posted by
Ron Swanson
Quote:
Originally Posted by
generalbulldog
Golden Boy just needs a new CEO, Oscar will find another one. He did with Schaefer. And I seriously doubt Mayweather will become a force in promotions. He just doesnt have the personality or smarts. If he was really all about that money, he wouldn't be making enemies left and right in the business world. Even though someone here said OScar is stupid, he's worth hundreds of millions and is the founder of this company.
Oscar made money off fame and looks. He's a figurehead, he did not build that company. Maybe he can hire someone else to run the company well that Schaeffer built. Maybe he can't. We'll see but as is this company just lost millions upon millions upon millions of dollars. Between the buyout and the near certainty they lose the Haymon fighters this company could be in real trouble. Oscars name isn't what it was when he started it. Fighters see Haymon as the guy that gets you paid and Oscar as the cross dressing lush.
Sure whatever man. Oscar didn't make his money off his fame and looks. I'll tell you what, Oscar even in retirement is a massive success. Floyd once he's done fighting, more than likely will go broke and won't even become as successful as Oscar or even the other guy who he accuses of using PEDs, Pacquiao.
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Quote:
Originally Posted by
generalbulldog
Quote:
Originally Posted by
Ron Swanson
Quote:
Originally Posted by
generalbulldog
Golden Boy just needs a new CEO, Oscar will find another one. He did with Schaefer. And I seriously doubt Mayweather will become a force in promotions. He just doesnt have the personality or smarts. If he was really all about that money, he wouldn't be making enemies left and right in the business world. Even though someone here said OScar is stupid, he's worth hundreds of millions and is the founder of this company.
Oscar made money off fame and looks. He's a figurehead, he did not build that company. Maybe he can hire someone else to run the company well that Schaeffer built. Maybe he can't. We'll see but as is this company just lost millions upon millions upon millions of dollars. Between the buyout and the near certainty they lose the Haymon fighters this company could be in real trouble. Oscars name isn't what it was when he started it. Fighters see Haymon as the guy that gets you paid and Oscar as the cross dressing lush.
Sure whatever man. Oscar didn't make his money off his fame and looks. I'll tell you what, Oscar even in retirement is a massive success. Floyd once he's done fighting, more than likely will go broke and won't even become as successful as Oscar or even the other guy who he accuses of using PEDs, Pacquiao.
Is there a point in there because I don't see it? Tell me what Oscar did business wise for the company? Tell me how you know Floyd will go broke when you say Oscars money makes him a success and Floyd has more money than him? Tell me anything, I'll listen if you make a point. I'm even the rare guy on the internet who will admit when I'm wrong.
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Re: Richard Schaefer officially out from Golden Boy Promotions
Quote:
Originally Posted by
Ron Swanson
Quote:
Originally Posted by
generalbulldog
Quote:
Originally Posted by
Ron Swanson
Quote:
Originally Posted by
generalbulldog
Golden Boy just needs a new CEO, Oscar will find another one. He did with Schaefer. And I seriously doubt Mayweather will become a force in promotions. He just doesnt have the personality or smarts. If he was really all about that money, he wouldn't be making enemies left and right in the business world. Even though someone here said OScar is stupid, he's worth hundreds of millions and is the founder of this company.
Oscar made money off fame and looks. He's a figurehead, he did not build that company. Maybe he can hire someone else to run the company well that Schaeffer built. Maybe he can't. We'll see but as is this company just lost millions upon millions upon millions of dollars. Between the buyout and the near certainty they lose the Haymon fighters this company could be in real trouble. Oscars name isn't what it was when he started it. Fighters see Haymon as the guy that gets you paid and Oscar as the cross dressing lush.
Sure whatever man. Oscar didn't make his money off his fame and looks. I'll tell you what, Oscar even in retirement is a massive success. Floyd once he's done fighting, more than likely will go broke and won't even become as successful as Oscar or even the other guy who he accuses of using PEDs, Pacquiao.
Is there a point in there because I don't see it? Tell me what Oscar did business wise for the company? Tell me how you know Floyd will go broke when you say Oscars money makes him a success and Floyd has more money than him? Tell me anything, I'll listen if you make a point. I'm even the rare guy on the internet who will admit when I'm wrong.
Well was there a point when you mentioned that Oscar only had success just only on the basis of looks and fame? Because Oscar would not have success if that was the case. Then you brought up about fishnets. WTF was that? What does have to do with anything? Yes, you don't like Oscar, Pacquiao, heck just checking your post history, you don't like non-black fighters. We get that.
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Re: Richard Schaefer officially out from Golden Boy Promotions
i think that oscar will get a new CEO and be fine. i have said for a while now that mayweather will become a big player with his promotional company once he has finished boxing. i see a de la hoya-mayweather promotional company clash in the years to come with bob dying and TR dying with him.
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Re: Richard Schaefer officially out from Golden Boy Promotions
This move benefits Top Rank and noone else. I'm confused as to why Oscar wants the guy that has just built his company to be the biggest in the world to go, knowing full well a bunch of fighters will go with him and would want to team up with a guy that has screwed him on multiple occasions. This is idiotic and Mayweather promotions is about to become a huge promotional player as a result.
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Re: Richard Schaefer officially out from Golden Boy Promotions
Quote:
Originally Posted by
IamInuit
Quote:
Originally Posted by
Ron Swanson
I doubt this will work out in a way that should be celebrated. Oscar is dumb as a box of rocks. Arum will play him. We can hope for the best but I doubt this is good for anyone but Arum.
Feb 26-2014 from Oscar
Quote:
"All the animosity, all the bad words that have been going back and forth, there's no need for it. Boxing is a sport that I dearly love and we're both adults. Bob Arum did a lot for my career and I greatly appreciate it. I can honestly say that I love the guy because he's someone who did a lot for my career and really catapulted my career and did a tremendous job in promoting my career. He's a master at what he does. ... I will meet with Bob Arum one day, and I will sit down with him, and I do hope things get worked out and patched up, because that's what the fans need. The boxing fans want to see all these great fights happen."
May 4-2014 from Floyd Myweather
Quote:
"Richard always has a home over here. We would love to work with him hand in hand if he has any problems over there because we know it's a company Richard Schaefer built. We working hand in hand already. We would love to work with Richard. He's a great guy, a great father. Richard knows the door is always open. Richard Schaefer knows he's family."
Oscar is starting to look the odd man out because with Floyd's comments it would seem there is a 3-way split instead of a 2 and with Floyd goes all of Haymons fighters,
Floyd Mayweather Jr.
Adonis Stevenson
Amir Khan
Peter Quillin
Josesito Lopez
Erislandy Lara
Cristobal Arreola
Devon Alexander
Adrien Broner
Kyrone Davis
Andre Berto
Danny Garcia
Austin Trout
Lamont Peterson
Anthony Peterson
Seth Mitchell
Gary Russell Jr.
Sakio Bika
J'Leon Love
Omar Figueroa
Leo Santa Cruz
John Molina, Jr.
Deontay Wilder
Lucas Matthysse
Chris Pearson
Errol Spence
Marcos Maidana
Julian Williams
Keith Thurman
Paulie Malignaggi
Robert Guerrero
Shawn Porter
Luis Collazo
The Charlo brothers
Rances Barthelemy
That leaves Oscar with Hopkins, Mares, Alvarez and a hand full of gate keepers and prospects. He may find himself crawling back to Hbo and taking a back seat. We may get a few fights out of this which is good but I think the wall of ice between Floyd ergo Haymon/ Arum will continue.
A bunch of them fighters will return. Cuz while they might not of been signed to Golden Boy. it was Golden Boy paying them. Who's gonna pay them now? Mayweather? Haymon? Schaefer? Good luck with that
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Re: Richard Schaefer officially out from Golden Boy Promotions
Quote:
Originally Posted by
generalbulldog
Yep, Oscar needed to get back his company. Schaefer may have been CEO, but Oscar founded it and is the majority shareholder. The cold war between Golden Boy and Top Rank is over.
How do you KNOW Oscar is the majority shareholder????
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Re: Richard Schaefer officially out from Golden Boy Promotions
Quote:
Originally Posted by
Violent Demise
A bunch of them fighters will return. Cuz while they might not of been signed to Golden Boy. it was Golden Boy paying them. Who's gonna pay them now? Mayweather? Haymon? Schaefer? Good luck with that
I doubt that very much. Those three have more pull and more cash then Oscar. Oscar has lost touch and making statements now that he will end the cold war. What cold war? The freeze was never about him. That is to much blow thinking it is. He's got a Tony Montana complex. He has no fighters and showtime is in Floyds pocket along with all the new gen fighters and the 18 to 30 year old buying public. Oscar is now crawling to Arum because he has to not out of some idea of moral obligation.
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Quote:
Originally Posted by
cyclone
Quote:
Originally Posted by
generalbulldog
Yep, Oscar needed to get back his company. Schaefer may have been CEO, but Oscar founded it and is the majority shareholder. The cold war between Golden Boy and Top Rank is over.
How do you KNOW Oscar is the majority shareholder????
That's the problem, there is a lot we don't know for sure.
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Re: Richard Schaefer officially out from Golden Boy Promotions
What they need to do now is to make the first GBP/TR fight card (after the so called cold war) a success and everything will be fine for GBP (and TR).
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Re: Richard Schaefer officially out from Golden Boy Promotions
Quote:
Originally Posted by
IamInuit
Quote:
Originally Posted by
Violent Demise
A bunch of them fighters will return. Cuz while they might not of been signed to Golden Boy. it was Golden Boy paying them. Who's gonna pay them now? Mayweather? Haymon? Schaefer? Good luck with that
I doubt that very much. Those three have more pull and more cash then Oscar. Oscar has lost touch and making statements now that he will end the cold war. What cold war? The freeze was never about him. That is to much blow thinking it is. He's got a Tony Montana complex. He has no fighters and showtime is in Floyds pocket along with all the new gen fighters and the 18 to 30 year old buying public. Oscar is now crawling to Arum because he has to not out of some idea of moral obligation.
You seriously think Mayweather is gonna start paying fighters out of his own pocket? He might not have a problem taking care of the Mickey Bay, Badou Jack type purses. But not the fighters with 6, 7 figure purses.
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I hate to say this, but we are probably going to have to wait a while to see how things turn out.
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Re: Richard Schaefer officially out from Golden Boy Promotions
Quote:
Originally Posted by
Ron Swanson
Quote:
Originally Posted by
generalbulldog
Quote:
Originally Posted by
Ron Swanson
Quote:
Originally Posted by
generalbulldog
Golden Boy just needs a new CEO, Oscar will find another one. He did with Schaefer. And I seriously doubt Mayweather will become a force in promotions. He just doesnt have the personality or smarts. If he was really all about that money, he wouldn't be making enemies left and right in the business world. Even though someone here said OScar is stupid, he's worth hundreds of millions and is the founder of this company.
Oscar made money off fame and looks. He's a figurehead, he did not build that company. Maybe he can hire someone else to run the company well that Schaeffer built. Maybe he can't. We'll see but as is this company just lost millions upon millions upon millions of dollars. Between the buyout and the near certainty they lose the Haymon fighters this company could be in real trouble. Oscars name isn't what it was when he started it. Fighters see Haymon as the guy that gets you paid and Oscar as the cross dressing lush.
Sure whatever man. Oscar didn't make his money off his fame and looks. I'll tell you what, Oscar even in retirement is a massive success. Floyd once he's done fighting, more than likely will go broke and won't even become as successful as Oscar or even the other guy who he accuses of using PEDs, Pacquiao.
Is there a point in there because I don't see it? Tell me what Oscar did business wise for the company? Tell me how you know Floyd will go broke when you say Oscars money makes him a success and Floyd has more money than him? Tell me anything, I'll listen if you make a point. I'm even the rare guy on the internet who will admit when I'm wrong.
Not that Oscar is more or less savvy at finances, but I wouldn't be so quick to pull the trigger on Floyd because of his persona. I was curious about a house once and looked up the county records online (I used to do stuff for my work) and saw [click on real property name] that some of his places listed under trust ownership. Point being either he or some he has hired put some effort into assurancing him and his family's future. So even if he did go broke he and his family are set to have very comfortable life. Basically it looks like he's set himself up to get a long term lottery payoff.
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Quote:
Originally Posted by
fan johnny
Quote:
Originally Posted by
Ron Swanson
Quote:
Originally Posted by
generalbulldog
Quote:
Originally Posted by
Ron Swanson
Quote:
Originally Posted by
generalbulldog
Golden Boy just needs a new CEO, Oscar will find another one. He did with Schaefer. And I seriously doubt Mayweather will become a force in promotions. He just doesnt have the personality or smarts. If he was really all about that money, he wouldn't be making enemies left and right in the business world. Even though someone here said OScar is stupid, he's worth hundreds of millions and is the founder of this company.
Oscar made money off fame and looks. He's a figurehead, he did not build that company. Maybe he can hire someone else to run the company well that Schaeffer built. Maybe he can't. We'll see but as is this company just lost millions upon millions upon millions of dollars. Between the buyout and the near certainty they lose the Haymon fighters this company could be in real trouble. Oscars name isn't what it was when he started it. Fighters see Haymon as the guy that gets you paid and Oscar as the cross dressing lush.
Sure whatever man. Oscar didn't make his money off his fame and looks. I'll tell you what, Oscar even in retirement is a massive success. Floyd once he's done fighting, more than likely will go broke and won't even become as successful as Oscar or even the other guy who he accuses of using PEDs, Pacquiao.
Is there a point in there because I don't see it? Tell me what Oscar did business wise for the company? Tell me how you know Floyd will go broke when you say Oscars money makes him a success and Floyd has more money than him? Tell me anything, I'll listen if you make a point. I'm even the rare guy on the internet who will admit when I'm wrong.
Not that Oscar is more or less savvy at finances, but I wouldn't be so quick to pull the trigger on Floyd because of his persona. I was curious about a house once and looked up the county records online (I used to do stuff for my work) and
saw [click on real property name] that some of his places listed under trust ownership. Point being either he or some he has hired put some effort into assurancing him and his family's future. So even if he did go broke he and his family are set to have very comfortable life. Basically it looks like he's set himself up to get a long term lottery payoff.
Floyd is a smart dude, anyone who thinks he's stupid is not looking at all the facts.
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Re: Richard Schaefer officially out from Golden Boy Promotions
As I suggested in another thread, I imagine that there has to be liability for breach of fiduciary duty etc. on Schaefer, as CEO of Golden Boy, for building up Haymon fighters that aren't also signed to Golden Boy. What good does it do Golden Boy now if all the Golden Boy fighters leave Golden Boy after Golden Boy spent its money building them up? If there isn't liability on Schaefer, at the very least, the whole idea that he did a good job for Golden Boy is misleading because he really did a good job for Al Haymon at the expense of Golden Boy.
Do those actions really paint Al Haymon as an honest, upstanding, transparent businessman? Looting a company and hoodwinking its president while he is in rehab? Don't forget that only recently he signed Stevenson and immediately Stevenson goes back on a deal he had with HBO robbing the boxing public of its most-anticipated fight of 2014 (whether he was in an actual legal contract is besides the point).
I would argue that there is no proof that Al Haymon is a great asset to the boxing industry. In fact, all the evidence points to him being more of the snaky same. He's incredibly opaque with his business dealings. His contracts look like promoter contracts but he doesn't have a promoter license. Is he violating the Ali Act? What makes him more tolerable than Tex Richard, Mike Jacobs, Frank Warren, Micky Duff, Don King or Bob Arum?
And Floyd Mayweather? Come on--the guy comes off like a scum bag. Let's be honest. As a boxer, he's magnificent, but as a man? And that's the guy you want to trust the industry with?
I'm not saying Arum and King did a good job with the boxing industry. The opposite really, but I think it's naive to think Al and Floyd will do any better without proof.
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Re: Richard Schaefer officially out from Golden Boy Promotions
Which fighters that Golden Boy promoted are not signed to Golden Boy that Haymon managed? If it really is all of them, that's crazy.
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Re: Richard Schaefer officially out from Golden Boy Promotions
Quote:
Originally Posted by
Violent Demise
Quote:
Originally Posted by
IamInuit
Quote:
Originally Posted by
Violent Demise
A bunch of them fighters will return. Cuz while they might not of been signed to Golden Boy. it was Golden Boy paying them. Who's gonna pay them now? Mayweather? Haymon? Schaefer? Good luck with that
I doubt that very much. Those three have more pull and more cash then Oscar. Oscar has lost touch and making statements now that he will end the cold war. What cold war? The freeze was never about him. That is to much blow thinking it is. He's got a Tony Montana complex. He has no fighters and showtime is in Floyds pocket along with all the new gen fighters and the 18 to 30 year old buying public. Oscar is now crawling to Arum because he has to not out of some idea of moral obligation.
You seriously think Mayweather is gonna start paying fighters out of his own pocket? He might not have a problem taking care of the Mickey Bay, Badou Jack type purses. But not the fighters with 6, 7 figure purses.
I don't think he will have to pay fighters out of his own pocket. He will use other peoples money and lines of credit just like Arum and any other promoter throughout history. After he leaves and Manny maybe boxing will come back to some sense of reality.
Btw I hope this whole gig flops for all and we see the end of ppv's and ridiculous pay scales. I hope boxing is forced to rebuild itself. I've always been a fan of quality over quantity.
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Re: Richard Schaefer officially out from Golden Boy Promotions
Quote:
Originally Posted by
Violent Demise
Quote:
Originally Posted by
IamInuit
Quote:
Originally Posted by
Violent Demise
A bunch of them fighters will return. Cuz while they might not of been signed to Golden Boy. it was Golden Boy paying them. Who's gonna pay them now? Mayweather? Haymon? Schaefer? Good luck with that
I doubt that very much. Those three have more pull and more cash then Oscar. Oscar has lost touch and making statements now that he will end the cold war. What cold war? The freeze was never about him. That is to much blow thinking it is. He's got a Tony Montana complex. He has no fighters and showtime is in Floyds pocket along with all the new gen fighters and the 18 to 30 year old buying public. Oscar is now crawling to Arum because he has to not out of some idea of moral obligation.
You seriously think Mayweather is gonna start paying fighters out of his own pocket? He might not have a problem taking care of the Mickey Bay, Badou Jack type purses. But not the fighters with 6, 7 figure purses.
Take off Oscar's lace underwear and try to learn something.
The promoter works for the fighter not the other way around.
GBP isn't paying anybody...the fighters are paying them.
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Re: Richard Schaefer officially out from Golden Boy Promotions
Quote:
Originally Posted by
Rantcatrat
As I suggested in another thread, I imagine that there has to be liability for breach of fiduciary duty etc. on Schaefer, as CEO of Golden Boy, for building up Haymon fighters that aren't also signed to Golden Boy. What good does it do Golden Boy now if all the Golden Boy fighters leave Golden Boy after Golden Boy spent its money building them up? If there isn't liability on Schaefer, at the very least, the whole idea that he did a good job for Golden Boy is misleading because he really did a good job for Al Haymon at the expense of Golden Boy.
Do those actions really paint Al Haymon as an honest, upstanding, transparent businessman? Looting a company and hoodwinking its president while he is in rehab? Don't forget that only recently he signed Stevenson and immediately Stevenson goes back on a deal he had with HBO robbing the boxing public of its most-anticipated fight of 2014 (whether he was in an actual legal contract is besides the point).
I would argue that there is no proof that Al Haymon is a great asset to the boxing industry. In fact, all the evidence points to him being more of the snaky same. He's incredibly opaque with his business dealings. His contracts look like promoter contracts but he doesn't have a promoter license. Is he violating the Ali Act? What makes him more tolerable than Tex Richard, Mike Jacobs, Frank Warren, Micky Duff, Don King or Bob Arum?
And Floyd Mayweather? Come on--the guy comes off like a scum bag. Let's be honest. As a boxer, he's magnificent, but as a man? And that's the guy you want to trust the industry with?
I'm not saying Arum and King did a good job with the boxing industry. The opposite really, but I think it's naive to think Al and Floyd will do any better without proof.
I think it's naive to hate on Haymon and Floyd because of their complexion.
We both know that's your only beef with them.
The second Lampley said Haymon is the most powerful man in boxing....people like you started hating full-time.
I bet if they were Al Jimenez and Floyd Martinez you'd be riding thier dicks
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Re: Richard Schaefer officially out from Golden Boy Promotions
Quote:
Originally Posted by
Rantcatrat
As I suggested in another thread, I imagine that there has to be liability for breach of fiduciary duty etc. on Schaefer, as CEO of Golden Boy, for building up Haymon fighters that aren't also signed to Golden Boy. What good does it do Golden Boy now if all the Golden Boy fighters leave Golden Boy after Golden Boy spent its money building them up? If there isn't liability on Schaefer, at the very least, the whole idea that he did a good job for Golden Boy is misleading because he really did a good job for Al Haymon at the expense of Golden Boy.
Do those actions really paint Al Haymon as an honest, upstanding, transparent businessman? Looting a company and hoodwinking its president while he is in rehab?
This is the main question foe me in all this. If Schaefer is GBP CEO and acting in good faith, why does he let all GBP fighters run their contracts out and hire them on a fight by fight basis? He's significantly weakening GBP and significantly strengthening Haymon. If Schaefer and Haymon now form a promotional company however they structure it it's going to be hard not to see it as a pre-planned thing. I can see litigation from Oscar and GBP coming down the pipe if it does and lasting for years.
I also read that GBP only have Alvarez, Mares and Hopkins under contract. And in the ring after his last fight Hopkins specifically said that from now till the end of my career I'm loyal to Showtime and Richard Schaefer (and he may have mentione dHaymon). He definitely didn't mention Oscar even though Oscar gave him points in GBP when he set it up.
EDIT: Hey, if the rapprochement with Top Rank doesn't work out (and if they get together Arum will eat Oscar alive, more lawsuits etc etc :) ) GBP can always do Mares versus Alvarez at a catchweight.
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Re: Richard Schaefer officially out from Golden Boy Promotions
Quote:
Originally Posted by
Violent Demise
Quote:
Originally Posted by
IamInuit
Quote:
Originally Posted by
Violent Demise
A bunch of them fighters will return. Cuz while they might not of been signed to Golden Boy. it was Golden Boy paying them. Who's gonna pay them now? Mayweather? Haymon? Schaefer? Good luck with that
I doubt that very much. Those three have more pull and more cash then Oscar. Oscar has lost touch and making statements now that he will end the cold war. What cold war? The freeze was never about him. That is to much blow thinking it is. He's got a Tony Montana complex. He has no fighters and showtime is in Floyds pocket along with all the new gen fighters and the 18 to 30 year old buying public. Oscar is now crawling to Arum because he has to not out of some idea of moral obligation.
You seriously think Mayweather is gonna start paying fighters out of his own pocket? He might not have a problem taking care of the Mickey Bay, Badou Jack type purses. But not the fighters with 6, 7 figure purses.
Oscar doesn't pay fighters out of his own pocket. Fighters get paid from TV, gate and sponsorship money on a fight by fight basis. Whoever makes the fight, whether it's Oscar or Arum or Schaefer/Haymon or whoever collects all the various revenues and then pays the fighters.
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Re: Richard Schaefer officially out from Golden Boy Promotions
Quote:
Originally Posted by
cyclone
Quote:
Originally Posted by
Rantcatrat
As I suggested in another thread, I imagine that there has to be liability for breach of fiduciary duty etc. on Schaefer, as CEO of Golden Boy, for building up Haymon fighters that aren't also signed to Golden Boy. What good does it do Golden Boy now if all the Golden Boy fighters leave Golden Boy after Golden Boy spent its money building them up? If there isn't liability on Schaefer, at the very least, the whole idea that he did a good job for Golden Boy is misleading because he really did a good job for Al Haymon at the expense of Golden Boy.
Do those actions really paint Al Haymon as an honest, upstanding, transparent businessman? Looting a company and hoodwinking its president while he is in rehab? Don't forget that only recently he signed Stevenson and immediately Stevenson goes back on a deal he had with HBO robbing the boxing public of its most-anticipated fight of 2014 (whether he was in an actual legal contract is besides the point).
I would argue that there is no proof that Al Haymon is a great asset to the boxing industry. In fact, all the evidence points to him being more of the snaky same. He's incredibly opaque with his business dealings. His contracts look like promoter contracts but he doesn't have a promoter license. Is he violating the Ali Act? What makes him more tolerable than Tex Richard, Mike Jacobs, Frank Warren, Micky Duff, Don King or Bob Arum?
And Floyd Mayweather? Come on--the guy comes off like a scum bag. Let's be honest. As a boxer, he's magnificent, but as a man? And that's the guy you want to trust the industry with?
I'm not saying Arum and King did a good job with the boxing industry. The opposite really, but I think it's naive to think Al and Floyd will do any better without proof.
I think it's naive to hate on Haymon and Floyd because of their complexion.
We both know that's your only beef with them.
The second Lampley said Haymon is the most powerful man in boxing....people like you started hating full-time.
I bet if they were Al Jimenez and Floyd Martinez you'd be riding thier dicks
Mods - please keep this guy on your radar to consider barring his future posts.
Thanks.
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Re: Richard Schaefer officially out from Golden Boy Promotions
Quote:
Originally Posted by
Kirkland Laing
Quote:
Originally Posted by
Violent Demise
Quote:
Originally Posted by
IamInuit
Quote:
Originally Posted by
Violent Demise
A bunch of them fighters will return. Cuz while they might not of been signed to Golden Boy. it was Golden Boy paying them. Who's gonna pay them now? Mayweather? Haymon? Schaefer? Good luck with that
I doubt that very much. Those three have more pull and more cash then Oscar. Oscar has lost touch and making statements now that he will end the cold war. What cold war? The freeze was never about him. That is to much blow thinking it is. He's got a Tony Montana complex. He has no fighters and showtime is in Floyds pocket along with all the new gen fighters and the 18 to 30 year old buying public. Oscar is now crawling to Arum because he has to not out of some idea of moral obligation.
You seriously think Mayweather is gonna start paying fighters out of his own pocket? He might not have a problem taking care of the Mickey Bay, Badou Jack type purses. But not the fighters with 6, 7 figure purses.
Oscar doesn't pay fighters out of his own pocket. Fighters get paid from TV, gate and sponsorship money on a fight by fight basis. Whoever makes the fight, whether it's Oscar or Arum or Schaefer/Haymon or whoever collects all the various revenues and then pays the fighters.
Amen to that.
AMAZING how many people don't know this simple fact.
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Quote:
Originally Posted by
IamInuit
Quote:
Originally Posted by
Violent Demise
Quote:
Originally Posted by
IamInuit
Quote:
Originally Posted by
Violent Demise
A bunch of them fighters will return. Cuz while they might not of been signed to Golden Boy. it was Golden Boy paying them. Who's gonna pay them now? Mayweather? Haymon? Schaefer? Good luck with that
I doubt that very much. Those three have more pull and more cash then Oscar. Oscar has lost touch and making statements now that he will end the cold war. What cold war? The freeze was never about him. That is to much blow thinking it is. He's got a Tony Montana complex. He has no fighters and showtime is in Floyds pocket along with all the new gen fighters and the 18 to 30 year old buying public. Oscar is now crawling to Arum because he has to not out of some idea of moral obligation.
You seriously think Mayweather is gonna start paying fighters out of his own pocket? He might not have a problem taking care of the Mickey Bay, Badou Jack type purses. But not the fighters with 6, 7 figure purses.
I don't think he will have to pay fighters out of his own pocket. He will use other peoples money and lines of credit just like Arum and any other promoter throughout history. After he leaves and Manny maybe boxing will come back to some sense of reality.
Btw I hope this whole gig flops for all and we see the end of ppv's and ridiculous pay scales. I hope boxing is forced to rebuild itself. I've always been a fan of quality over quantity.
Sir, I don't ever want to be without PPV or something like it.
I remember the good old days when you didn't see the fight if it was not on TV or in a theater on "closed circuit". Of course you could hear it on the radio most of the time, or read about it the next day, or hear about it on the nightly news. If you had money to burn you could always travel to wherever the hell the fight was and buy your self a ticket.
I still don't have money to burn and I can watch just about any fight I want in my living-room, thanks to PPV.
If you want to set in front of your computer, scheming about streaming, go right ahead but don't fuck with my PPV!! Consider that an order not to be countermanded by anyone. LOL
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Quote:
Originally Posted by
cyclone
Quote:
Originally Posted by
Rantcatrat
As I suggested in another thread, I imagine that there has to be liability for breach of fiduciary duty etc. on Schaefer, as CEO of Golden Boy, for building up Haymon fighters that aren't also signed to Golden Boy. What good does it do Golden Boy now if all the Golden Boy fighters leave Golden Boy after Golden Boy spent its money building them up? If there isn't liability on Schaefer, at the very least, the whole idea that he did a good job for Golden Boy is misleading because he really did a good job for Al Haymon at the expense of Golden Boy.
Do those actions really paint Al Haymon as an honest, upstanding, transparent businessman? Looting a company and hoodwinking its president while he is in rehab? Don't forget that only recently he signed Stevenson and immediately Stevenson goes back on a deal he had with HBO robbing the boxing public of its most-anticipated fight of 2014 (whether he was in an actual legal contract is besides the point).
I would argue that there is no proof that Al Haymon is a great asset to the boxing industry. In fact, all the evidence points to him being more of the snaky same. He's incredibly opaque with his business dealings. His contracts look like promoter contracts but he doesn't have a promoter license. Is he violating the Ali Act? What makes him more tolerable than Tex Richard, Mike Jacobs, Frank Warren, Micky Duff, Don King or Bob Arum?
And Floyd Mayweather? Come on--the guy comes off like a scum bag. Let's be honest. As a boxer, he's magnificent, but as a man? And that's the guy you want to trust the industry with?
I'm not saying Arum and King did a good job with the boxing industry. The opposite really, but I think it's naive to think Al and Floyd will do any better without proof.
I think it's naive to hate on Haymon and Floyd because of their complexion.
We both know that's your only beef with them.
The second Lampley said Haymon is the most powerful man in boxing....people like you started hating full-time.
I bet if they were Al Jimenez and Floyd Martinez you'd be riding thier dicks
Lets not start making big accusations about skin tone etc.
In rantcatrat defence, I dont think he came across racial and theres no one more corrupt than bob arum etc.
Its early days for floyd and his team, and they have a good bunch of fighters so lets support rather than bring down.
Oscar is just a face to front golden boy where richard was doing all the work.
Floyd is the same to a degree but he had richard AND al haymon.
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Re: Richard Schaefer officially out from Golden Boy Promotions
Quote:
Originally Posted by
cyclone
Quote:
Originally Posted by
Rantcatrat
As I suggested in another thread, I imagine that there has to be liability for breach of fiduciary duty etc. on Schaefer, as CEO of Golden Boy, for building up Haymon fighters that aren't also signed to Golden Boy. What good does it do Golden Boy now if all the Golden Boy fighters leave Golden Boy after Golden Boy spent its money building them up? If there isn't liability on Schaefer, at the very least, the whole idea that he did a good job for Golden Boy is misleading because he really did a good job for Al Haymon at the expense of Golden Boy.
Do those actions really paint Al Haymon as an honest, upstanding, transparent businessman? Looting a company and hoodwinking its president while he is in rehab? Don't forget that only recently he signed Stevenson and immediately Stevenson goes back on a deal he had with HBO robbing the boxing public of its most-anticipated fight of 2014 (whether he was in an actual legal contract is besides the point).
I would argue that there is no proof that Al Haymon is a great asset to the boxing industry. In fact, all the evidence points to him being more of the snaky same. He's incredibly opaque with his business dealings. His contracts look like promoter contracts but he doesn't have a promoter license. Is he violating the Ali Act? What makes him more tolerable than Tex Richard, Mike Jacobs, Frank Warren, Micky Duff, Don King or Bob Arum?
And Floyd Mayweather? Come on--the guy comes off like a scum bag. Let's be honest. As a boxer, he's magnificent, but as a man? And that's the guy you want to trust the industry with?
I'm not saying Arum and King did a good job with the boxing industry. The opposite really, but I think it's naive to think Al and Floyd will do any better without proof.
I think it's naive to hate on Haymon and Floyd because of their complexion.
We both know that's your only beef with them.
The second Lampley said Haymon is the most powerful man in boxing....people like you started hating full-time.
I bet if they were Al Jimenez and Floyd Martinez you'd be riding thier dicks
People hate on Ellerbe as much as they do on Floyd and Haymon. And Ellerbe is clearly a white man at heart
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Quote:
Originally Posted by
generalbulldog
Quote:
Originally Posted by
Ron Swanson
Quote:
Originally Posted by
generalbulldog
Quote:
Originally Posted by
Ron Swanson
Quote:
Originally Posted by
generalbulldog
Golden Boy just needs a new CEO, Oscar will find another one. He did with Schaefer. And I seriously doubt Mayweather will become a force in promotions. He just doesnt have the personality or smarts. If he was really all about that money, he wouldn't be making enemies left and right in the business world. Even though someone here said OScar is stupid, he's worth hundreds of millions and is the founder of this company.
Oscar made money off fame and looks. He's a figurehead, he did not build that company. Maybe he can hire someone else to run the company well that Schaeffer built. Maybe he can't. We'll see but as is this company just lost millions upon millions upon millions of dollars. Between the buyout and the near certainty they lose the Haymon fighters this company could be in real trouble. Oscars name isn't what it was when he started it. Fighters see Haymon as the guy that gets you paid and Oscar as the cross dressing lush.
Sure whatever man. Oscar didn't make his money off his fame and looks. I'll tell you what, Oscar even in retirement is a massive success. Floyd once he's done fighting, more than likely will go broke and won't even become as successful as Oscar or even the other guy who he accuses of using PEDs, Pacquiao.
Is there a point in there because I don't see it? Tell me what Oscar did business wise for the company? Tell me how you know Floyd will go broke when you say Oscars money makes him a success and Floyd has more money than him? Tell me anything, I'll listen if you make a point. I'm even the rare guy on the internet who will admit when I'm wrong.
Well was there a point when you mentioned that Oscar only had success just only on the basis of looks and fame? Because Oscar would not have success if that was the case. Then you brought up about fishnets. WTF was that? What does have to do with anything? Yes, you don't like Oscar, Pacquiao, heck just checking your post history, you don't like non-black fighters. We get that.
Ahh, thought you were a real poster but there it is. This white man only likes black fighters. Yet another troll. Guess I haven't been here long enough to find you all out but that post makes it all too obvious. Little tip for you if you're going to troll don't be so damned obvious. Trolls are supposed to be sneaky. It's not frustrating if it's transparent.
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There seems to be a misconception of how fighters are paid. They are cut a check from the promoter the night of the fight for the amount they are guaranteed. In GBP case that is not out of Oscars pocket it is the company GBP. Same with Arum and TR. No TV money is in at that point so they aren't being paid by TV. Sponsorship money, that's tricky some is in some is coming. There are many other revenue streams some come in before, some during, some after.
What's key to these big events to keep in mind is PPVs are the only events that risk losing money if promoters are smart. Any other event you have enough indicators to determine if it will profit and if it won't you cancel the event. There are many excuses to cancel an event. PPVs you get an idea from presales but you really just don't know until the numbers come in. That's why fighters are so picky about the guarantee, no BS from promoters about what came through and what didn't. They simply get that immediately.
Sidenote-Hopkins said to boxingscene that Richard built the company and Oscar was a "figurehead". And more importantly he said that while he is a shareholder he is not contractually tied to GBP either.