Richard Schaefer officially out from Golden Boy Promotions

[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.

[Ron Swanson]

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.

[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.

[powerpuncher]

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.

[bzkfn]

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.

[beenKOed]

I hate to say this, but we are probably going to have to wait a while to see how things turn out.

[Ron Swanson]

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.

[Kirkland Laing]

Surely Oscar isn't going to try and run GBP by himself?

He's doing this outreach thing to Arum because part of his rehab is about forgiving your enemies and trying to be friendly with them. I'm guessing this getting-friendly-with-Bob thing is not going to turn out to be a smart personal or professional move for him.

If he does try and run the company himself then you don't have to be Mystic Meg to see trouble ahead. If he gets somebody in as CEO then what happens if the CEO says that Arum is a cunt and they're better off not working with him, which will probably happen sooner or later.

[Ron Swanson]

Surely Oscar isn't going to try and run GBP by himself?

He's doing this outreach thing to Arum because part of his rehab is about forgiving your enemies and trying to be friendly with them. I'm guessing this getting-friendly-with-Bob thing is not going to turn out to be a smart personal or professional move for him.

If he does try and run the company himself then you don't have to be Mystic Meg to see trouble ahead. If he gets somebody in as CEO then what happens if the CEO says that Arum is a cunt and they're better off not working with him, which will probably happen sooner or later.

So many variables. People forget, or ignore, that it was Arum that stopped working with GBP before Richard had had enough. Bob said himself long ago that he had neither taken nor returned a call from Schaeffer in over a year. That was way back when Bob was pretending he didn't know who to negotiate with for a Floyd fight.(guessing that was 2012 but I'll have to look it up to be sure)

[beenKOed]

Didn't the FBI take boxes of records from GB Promotions, what's the skinny on that? I know the FBI says they do not talk about ongoing investigations but there has to be some information wafting around.
Google reported the FBI was looking into fight fixing at GBP. Could this be why Schaefer is hitting the road?

[Kirkland Laing]

Surely Oscar isn't going to try and run GBP by himself?

He's doing this outreach thing to Arum because part of his rehab is about forgiving your enemies and trying to be friendly with them. I'm guessing this getting-friendly-with-Bob thing is not going to turn out to be a smart personal or professional move for him.

If he does try and run the company himself then you don't have to be Mystic Meg to see trouble ahead. If he gets somebody in as CEO then what happens if the CEO says that Arum is a cunt and they're better off not working with him, which will probably happen sooner or later.

So many variables. People forget, or ignore, that it was Arum that stopped working with GBP before Richard had had enough. Bob said himself long ago that he had neither taken nor returned a call from Schaeffer in over a year. That was way back when Bob was pretending he didn't know who to negotiate with for a Floyd fight.(guessing that was 2012 but I'll have to look it up to be sure)

Last time they worked together was PDL versus Gamboa. They were claiming it was the first of many after a period of cold war but it got even colder after that.

[fan johnny]

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.

[beenKOed]

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.

[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.

[Rantcatrat]

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.