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Thread: What happens to the fighters signed by GB and Haymon when Golden Boy implodes soon?

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    Default Re: What happens to the fighters signed by GB and Haymon when Golden Boy implodes soo

    Quote Originally Posted by Ron Swanson View Post
    Quote Originally Posted by Rantcatrat View Post
    For a while, we all thought it was Golden Boy on one side and Top Rank on the other side. If it turns out that Golden Boy was just a tool for Schaefer to funnel fighters to Haymon, and Golden Boy is really a shell of a corporation, Schaefer will have answering to do.
    Shaefer is a smart person. A weasel but a smart weasel. As long as can show that his model was increasing profits he's safe. What I suspect happened is Shaefer saw all the ground Haymon was gaining so he decided to straddle the fence and pick a side when it became clear who was taking over. Now that Haymon is strong enough he flat dared Oscar to fire him. What does he care he has a contract through 2018 he'd get a huge buyout and he just goes to Haymon and they partner with Main Event. Shaefer played it right, Oscar would be a fool to fire Shaefer because his stable would be gutted. The fighters go to Haymon to be like Floyd or TR to try for Manny money. Oscar would have no whale.
    That may be right, but there appears to be a good argument that Schaefer deliberately used GB's money to build up fighters without signing them that there was money to be made on the fighters that wasn't made. Even if there was a profit, there could have been a bigger profit.

    Have you heard Haymon is partnering with Main Event? Main Event sued Schaefer and Haymon the last I heard.

    Also, isn't it possible Oscar would join with TR and mid-market promoters, which would leave Haymon on one side, and everyone else on the other side?

    Finally, usually contracts with executives have non-compete clauses. If Schaefer left while on a valid contract, he might be barred from competing against Oscar.
    Last edited by Rantcatrat; 05-07-2014 at 01:02 AM.

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