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Wednesday, June 4, 2014

Oscar De la Hoya: "Golden Boy Promotions is moving ahead on all fronts"

Oscar De la Hoya: "Golden Boy Promotions is moving ahead on all fronts"

Golden Boy Promotion's Oscar De la Hoya says, Golden Boy Promotions is moving ahead on all fronts.

Oscar de la Hoya, President and co-founder of Golden Boy Promotions issued a brief official statement via press release following the resignation of the company's CEO Richard Schaefer on Monday.

"Golden Boy Promotions is moving ahead on all fronts. We look forward to continuing and expanding our key position in the boxing world and to providing the public with the very best the sport has to offer." Oscar's statement sent to SPB.

Right after Schaefer's resignation, pound-pound king Floyd Mayweather Jr. whose fights are co-promoted by Golden Boy since securing massive 6-fight, 3-year contract with Showtime has stated that he will no longer work with Golden Boy.

Now, the fighters left with Golden Boy, which has contracts are stars Bernard Hopkins, Saul 'Canelo' Alvarez, and Abner Mares which are not signed by adviser or promoter---whatever you call---Al Haymon.

However, Bernard Hopkins seemed like on the verge of "leaving" also Golden Boy in favor of Richard Schaefer. You may read his statement in an interview with The Sweetscience for you to interpret.

Now, Golden Boy don't have depth in-house fighters to stage major boxing cards. Oscar made amends with his former promoter Top Rank was a right move. But considering his love-hate, hate-love relationship with Bob Arum, Golden Boy's chance to work with fighters inside Bob Arum's fence is somewhat "unstable".

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