Richard Schaefer officially out from Golden Boy Promotions

[imp]

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.