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Richard Schaefer Re-Signs With Golden Boy, A Long-Term Deal

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Richard-SchaeferLOS ANGELES, CA (April 11). . . Golden Boy Promotions and Golden Boy Enterprises announced today their Chief Executive Officer Richard Schaefer has agreed to a long-term contract extension with the companies that will ensure the continued success of the thriving sports and entertainment enterprise.Schaefer, along with company President Oscar de la Hoya, has been greatly responsible for growing the business into the leading boxing promotional company in the world.

“I am thrilled to have Richard commit to a long-term contract extension with Golden Boy, as he is not only my trusted Chief Executive Officer but he is one of my closest friends,” said President Oscar de la Hoya. “This is a very important day for the company and another, and very exciting, chapter in our storied path. We have achieved so much already and I can't wait to announce the many endeavors Richard and I have been working on over the past months to ensure our continued growth and success.”

Schaefer was hired in 2000 by De La Hoya to run Golden Boy Enterprises. In 2003 he and De La Hoya formed Golden Boy Promotions with Schaefer being named CEO. Over the past ten years, theLos Angeles-based business has become a premier promotions company increasing their revenue and events base yearly.

“I am excited to extend my contract and look forward to working with the company for many years to come,” said Schaefer. “Oscar is a visionary leader who has inspired millions as a fighter in the ring and now he is doing the same thing outside of the ring with his “yes we can” attitude. I am proud of him, our Golden Boy staff, our partners and shareholders and most importantly our fighters, who make the company what it is.”

Under Schaefer's leadership, Golden Boy has grown from an upstart West Coast promoter to the most dominant promoter in the world today. Golden Boy's stable currently includes over 50 fighters, including 20 current and former world champions and many others ranked in the top 10 of their respective weight divisions.The Company was involved in an amazing 103 boxing promotions in 2011, which translates into an average of nearly two fights per week. Golden Boy regularly schedules its fights on nearly every major boxing network in the United States and Mexico, including HBO, Showtime, Fox Sports Net, Televisa, and Telefutura. Schaefer's efforts have also resulted in Golden Boy promoting some of the largest grossing boxing events in history, including De La Hoya vs. Mayweather (2007), De La Hoya vs. Pacquiao (2008), Margarito vs. Mosley (2009), Mayweather vs. Mosley (2010), Mayweathervs Ortiz (2011) and the upcoming Mayweather vs. Cotto bout set for Saturday, May 5.

De La Hoya vs. Mayweather broke all pay-per-view and box office records with 2.5 million buys and over $17 million in gate proceeds. Both records still hold today. Golden Boy's track record of signing young talent is unsurpassed, having signed ESPN.com's Prospect of the Year winners from 2007 through 2011. The results of these efforts can be seen in the Company's regular receipt of industry awards, including the Boxing Writers Association of America 2010 and 2011 Fight of the Year Awards.

Schaefer concluded, “Our success speaks for itself. Together we have built the company into a global promotions powerhouse and we will continue to make history every day. We have a great team of young, energetic and creative people working for and with us. I am looking forward to breaking new records together with them.”

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2015 Fight of the Year – Francisco Vargas vs Takashi Miura

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The WBC World Super Featherweight title bout between Francisco Vargas and Takashi Miura came on one of the biggest boxing stages of 2015, as the bout served as the HBO pay-per-view’s co-main event on November 21st, in support of Miguel Cotto vs Saul Alvarez.

Miura entered the fight with a (29-2-2) record and he was making the fifth defense of his world title, while Vargas entered the fight with an undefeated mark of (22-0-1) in what was his first world title fight. Both men had a reputation for all-out fighting, with Miura especially earning high praise for his title defense in Mexico where he defeated Sergio Thompson in a fiercely contested battle.

The fight started out hotly contested, and the intensity never let up. Vargas seemed to win the first two rounds, but by the fourth round, Miura seemed to pull ahead, scoring a knock-down and fighting with a lot of confidence. After brawling the first four rounds, Miura appeared to settle into a more technical approach. Rounds 5 and 6 saw the pendulum swing back towards Vargas, as he withstood Miura’s rush to open the fifth round and the sixth round saw both men exchanging hard punches.

The big swinging continued, and though Vargas likely edged Miura in rounds 5 and 6, Vargas’ face was cut in at least two spots and Miura started to assert himself again in rounds 7 and 8. Miura was beginning to grow in confidence while it appeared that Vargas was beginning to slow down, and Miura appeared to hurt Vargas at the end of the 8th round.

Vargas turned the tide again at the start of the ninth round, scoring a knock down with an uppercut and a straight right hand that took Miura’s legs and sent him to the canvas. Purely on instinct, Miura got back up and continued to fight, but Vargas was landing frequently and with force. Referee Tony Weeks stepped in to stop the fight at the halfway point of round 9 as Miura was sustaining a barrage of punches.

Miura still had a minute and a half to survive if he was going to get out of the round, and it was clear that he was not going to stop fighting.

A back and forth battle of wills between two world championship level fighters, Takashi Miura versus “El Bandido” Vargas wins the 2015 Fight of the Year.

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Jan 9 in Germany – Feigenbutz and De Carolis To Settle Score

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This coming Saturday, January 9th, the stage is set at the Baden Arena in Offenburg, Germany for a re-match between Vincent Feigenbutz and Giovanni De Carolis. The highly anticipated re-match is set to air on SAT.1 in Germany, and Feigenbutz will once again be defending his GBU and interim WBA World titles at Super Middleweight.

The first meeting between the two was less than three months ago, on October 17th and that meeting saw Feigenbutz controversially edge De Carolis on the judge’s cards by scores of (115-113, 114-113 and 115-113). De Carolis scored a flash knock down in the opening round, and he appeared to outbox Feigenbutz in the early going, but the 20 year old German champion came on in the later rounds.

The first bout is described as one of the most crowd-pleasing bouts of the year in Germany, and De Carolis and many observers felt that the Italian had done enough to win.

De Carolis told German language website RAN.DE that he was more prepared for the re-match, and that due to the arrogance Feigenbutz displayed in the aftermath of the first fight, he was confident that he had won over some of the audience. Though De Carolis fell short of predicting victory, he promised a re-vamped strategy tailored to what he has learned about Feigenbutz, whom he termed immature and inexperienced.

The stage is set for Feigenbutz vs De Carolis 2, this Saturday January 9th in Offenburg, Germany. If you can get to the live event do it, if not you have SAT.1 in Germany airing the fights, and The Boxing Channel right back here for full results.

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2015 Knock Out of the Year – Saul Alvarez KO’s James Kirkland

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On May 9th of 2015, Saul “Canelo” Alvarez delivered a resonant knock-out of James Kirkland on HBO that wins the 2015 KO of the Year.

The knock-out itself came in the third round, after slightly more than two minutes of action. The end came when Alvarez delivered a single, big right hand that caught Kirkland on the jaw and left him flat on his back after spinning to the canvas.Alvarez was clearly the big star heading into the fight. The fight was telecast by HBO for free just one week after the controversial and disappointing Floyd Mayweather Jr. and Manny Pacquiao fight, and Alvarez was under pressure to deliver the type of finish that people were going to talk about. Kirkland was happy to oblige Alvarez, taking it right to Alvarez from the start. Kirkland’s aggression saw him appear to land blows that troubled the young Mexican in the early going. Alvarez played good defense, and he floored Kirkland in the first round, displaying his power and his technique in knocking down an aggressive opponent.

However, Kirkland kept coming at Alvarez and the fight entered the third round with both men working hard and the feeling that the fight would not go the distance. Kirkland continued to move forward, keeping “Canelo” against the ropes and scoring points with a barrage of punches while looking for an opening.

At around the two minute mark, Alvarez landed an uppercut that sent Kirkland to the canvas again. Kirkland got up, but it was clear that he did not have his legs under him. Kirkland was going to try to survive the round, but Alvarez had an opportunity to close out the fight. The question was would he take it?

Alvarez closed in on Kirkland, putting his opponent’s back to the ropes. Kirkland was hurt, but he was still dangerous, pawing with punches and loading up for one big shot.

But it was the big shot “Canelo” threw that ended the night. Kirkland never saw it coming, as he was loading up with a huge right hand of his own. The right Alvarez threw cracked Kirkland in the jaw, and his eyes went blank. His big right hand whizzed harmlessly over the head of a ducking Alvarez, providing the momentum for the spin that left Kirkland prone on the canvas.

Saul “Canelo” Alvarez went on to defeat Miguel Cotto in his second fight of 2015 and he is clearly one of boxing’s biggest stars heading into 2016. On May 9th Alvarez added another reel to his highlight film when he knocked out James Kirkland with the 2015 “Knock Out of the Year”.

Photo by naoki fukuda

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