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Schaefer Leaves Golden Boy

Published

10 years ago

June 2, 2014

The rumor mill has been buzzing for weeks, that Golden Boy CEO Richard Schaefer would be exiting the company topped by the president Oscar De La Hoya, which has been enmeshed in an un-civil war for some time now. Now, the rumor is fact, as the Swiss-born ex banker, brought in to the business by his Oscar more than ten years ago, announces his exit.

An email to Schaefer sent last week wasn’t answered and now the fight game wonders what his next play is. And what is Oscar’s next move? Do we get clarity this weekend, when he is inducted into the International Boxing Hall of Fame…or before? Oscar had been talking reconciliation, said he’d he hoped to work it out with Schaefer. But the man who had taken the day to day reins over from Oscar, quite noticeably in the last couple years seemed frosty to the idea.

Oscar didn’t put out a comment right away and I requested a comment from Showtime boxing boss Stephen Espinoza, as most of the boxing content which runs on his net is from GBP. “Our July 12 event will not be affected,” he told me. “But beyond that it would into be appropriate to comment on internal Golden Boy matters. We do expect the Canelo pay per view to be very, very successful.”

Paul Malignaggi fights for GBP. The mouthy hitter/analyst reacted. “I’m speechless. I wonder where this leaves the fate of so many fighters. Who promotes the fights on June 21 and July 12? What about the fighters signed to both Al Haymon and Golden Boy? I guess we will see, I am confused and speechless and I thought they would find an amicable solution and not part ways. I’m shocked. Hopefully this isn’t bad for the fighters.”

Schaefer signed a contract extension with GB back in April 2012, and at the timcalled Oscar a visionary” and ODLH called him “one of my closest friends.” When did that dynamic change? Industry folk wonder if more of that could come out in a court room, if this squabble moves to a new arena.

As this can be seen like a divorce one wonder about the custody of the kids, er, star fighters. Will they take sides, follow the brainy ex banker? Or can Oscar, now clear headed after ditching his hard partying ways, lure the hitters with his brand recognition?

STATEMENT FROM RICHARD SCHAEFER

“After more than ten years with Golden Boy, it is time to move on to the next chapter of my career. This decision has required a great deal of personal reflection, but ultimately I concluded that I have no choice but to leave. I have succeeded in banking and I have succeeded in boxing, and I look forward to the next opportunity. I am proud to remain a shareholder, so I have a strong interest in the continued success of the company. I am proud of what we have accomplished at Golden Boy, but I now look forward to new challenges.”

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Michael Woods

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2015 Fight of the Year – Francisco Vargas vs Takashi Miura

Published

9 years ago

January 4, 2016

The Sweet Science

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

Published

9 years ago

January 4, 2016

The Sweet Science

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

Published

9 years ago

December 29, 2015

The Sweet Science

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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