Richard Schaefer officially out from Golden Boy Promotions

[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.