Schaefer Tried To Sell GBP For 100 Million

Oscar has always been a face.

He isn't half as smart as Schaefer and he will suffer without him.

 

Reading the article, it sounds like Schaefer tried to secretly buy majority control of the company for himself, and possibly Haymon, all while Oscar was doped up in rehab.

From the article:

"[T]he real seeds of the falling out were sewn eight days into De La Hoya's rehabilitation stint last September when, according to multiple sources, famed attorney Robert Shapiro, who had sponsored his entrance into a Malibu rehab center just days before his company would promote the highest-grossing fight in boxing history, Floyd Mayweather Jr's win against Canelo Alvarez, presented De La Hoya with a deal Schaefer was negotiating to sell Golden Boy for $100 million, although who the would-be buyer was is unclear.

"Oscar was in an extremely dark place and he was being told, 'This business, boxing, is bad for you. It's time for you to get out,'" a source with knowledge of the situation told ESPN.com. "What was given to him in the condition he was in, there was no way he could process it. It wasn't something he wanted to do but he was told, 'You can get out, you can get away from the pressures, you can make a bunch of money.' He was in a very vulnerable situation."

Another source with direct knowledge of what happened said that De La Hoya was given some 50-plus pages of paperwork on the deal while at his lowest point.

"Oscar was in rehab, medicated and he was being told, 'You're through with boxing. Sell your company.' It was a bad situation. It was a s----- thing for Richard to do the way he did it," the source said.

By around March, De La Hoya had tentatively agreed to sell, but eventually changed his mind, much to Schaefer's dismay.

"The more Oscar peeled back the layers of the deal, the more it was like an onion. It smelled," one of the sources said.

For one thing, De La Hoya, according to sources, was outraged when he learned that Schaefer would remain involved with the entity buying Golden Boy -- and that so would Haymon -- and that De La Hoya would have severe restrictions placed on his ability to use his own nickname, logo and likeness for decades."

 

I support Oscar. You look at the 3 players here: Schaeffer, Oscar and Haymon
1. Oscar never ducked anyone in his prime and I believe he does want what is best for the sport. Will he get the right people to help though?
2. Haymon is an invisible b*tch and likely is violating the Ali act.
3. Schaeffer helped build GBP, but also damn near destroyed it too. He's a f*cking weasel that has lied on many occasions

I'm rooting for Oscar and I hope he can bring GBP to the top, although I don't see him and Bob lasting very long. Bob isn't good for boxing either and no one is more two faced than he is.

 

What a joke

Garcia vs Salka?

Broner vs Taylor?

Matthysse vs Roberto Ortiz?

These guys r getting the Haymon Special & Showtime is showing it

 

Man that's a rotten deal he got.

 

Those are defo some weeeeeeeeak opposition these dudes are facing.

 

Wow, Schaeffer was seriously against Oscar and his plans then.

 

Is it?

 

They're interested in making money just like everyone else in this and every other business. There are no "good guys with the best interest of the sport in mind".

 

That being said, **** Oscar if he's too busy sniffing coke and wearing women's undergarments to look after his business. I don't feel sorry for his ass one bit.

 

There was no mention, of Oscar's behavior hurting the bottom line. Very unethical move by Schaefer to try and force someone to sell who is going through personal turmoil. As long as De La Hoya gets sound advice on his next hire Schaefer will learn that most important lesson; When it comes to business you're always replaceable.

 

Why would be try to sell for such sorry change when he could double that in a couple short years off profits alone.
Not very realistic