Floyd Mayweather ditches Golden Boy following Schaefer resignation

Published Add your comment

One day after he called off his tour of Britain, Floyd Mayweather Jr has decided to drop Golden Boy Promotions, a move which immediately follows the resignation of former chief executive Richard Schaefer.

The boxer has his own promotions company, Mayweather Promotions, and its CEO Leonard Ellerbe has explained that Golden Boy won't be looking after Mayweather's next bout.

When asked if Mayweather would work with Golden Boy again, Ellerbe told ESPN, "Absolutely not."

It's understood that there has been months of fighting within Golden Boy, with president Oscar De La Hoya at the center of the issues.

The decision by Mayweather will act as a massive blow to Golden Boy, who will now miss out on the biggest pay-per-view numbers in boxing that he brings with his blockbuster fights.

Mayweather started working with the company in 2007, when he and De La Hoya set the all-time record for pay-per-view figures at 2.5 million US subscriptions.

It's said that the six weight champion only fought with Golden Boy because Schaefer worked for them, meaning as soon as he left, Mayweather was next in line.

Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE:

Floyd Mayweather

Article Comments

Report author of article

Please let us know if you believe this article is in violation of our editorial policy, please only report articles for one of the following reasons.

Report author


This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. and SportsNewMedia do not take any responsibility for the content of its contributors.

Want more content like this?

Like our GiveMeSport Facebook Page and you will get this directly to you.

Already Subscribed to Facebook, don't ask me again

Follow GiveMeSport on Twitter and you will get this directly to you.

Already Following, don't ask me again

Like our GiveMeSport Page and you will get this directly to you.

Already Subscribed to G+, don't ask me again