Floyd Mayweather will self-promote Sept. 13 fight after Richard Schaefer leaves Golden Boy
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Floyd Mayweather will self-promote Sept. 13 fight after Richard Schaefer leaves Golden Boy
mayweather-ellerbe-presser.jpg
Leonard Ellerbe says Mayweather Promotions is ready to handle September's fight. (Cory Olsen | MLive.com)
David Mayo |
[email protected] By David Mayo |
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on June 03, 2014 at 10:55 AM, updated June 03, 2014 at 10:56 AM
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Floyd Mayweather will self-promote his Sept. 13 fight, his first time doing so and the first time since 2006 that he officially will fight under any banner other than Golden Boy Promotions, the CEO of Mayweather Promotions said today.
Leonard Ellerbe stressed that while a power upheaval at Golden Boy Promotions spurred the change, the timing for seven-year-old Mayweather Promotions is ideal.
"We haven't been sitting around since 2007 doing nothing," Ellerbe said. "We've done shows without them (Golden Boy). Granted, they weren't Floyd Mayweather shows. But we've been doing this a long time and we're ready to go.
"We're not looking to sit around under somebody else's umbrella. The timing couldn't be better. This was going to happen anyway."
Ellerbe said after Mayweather's May 3 win over Marcos Maidana that Mayweather Promotions is ready to take over its namesake's future promotions.
richard-schaefer-promo.jpgRichard Schaefer resigned from Golden Boy Promotions on Monday. He's helped promote every Floyd Mayweather fight since 2007.Josh Slagter | MLive.com
That followed a fight week of public in-fighting between Golden Boy Promotions founder Oscar De La Hoya and CEO Richard Schaefer, leading to the latter's resignation Monday from a company he helped to create.
While Mayweather's next opponent has yet to be selected, the most likely options for a fight barely more than three months away are Danny Garcia or a Maidana rematch.
Either could ease the effort for a first-time major promoter who can deal easily with both camps: Garcia and Maidana are advised by Mayweather's adviser, Al Haymon.
Ellerbe declined comment on the next opponent but said negotiations began the week after Mayweather won a rugged majority decision from Maidana.
"That ball's been rolling," Ellerbe said. "We've had several strategy sessions, several meetings, made several visits to prospective venues for our touring dates (the pre-fight media tour). This train hasn't stopped since May 3. We had a business meeting Monday morning after the fight. While everybody else was taking time off, we've been working. We haven't stopped."
Mayweather and De La Hoya have a long-running feud that pre-dates their 2007 fight, won by the 37-year-old Grand Rapids native. That included a period from 2001-06 when Floyd Mayweather Sr., after quitting as his son's trainer, trained De La Hoya.
But when it came to Mayweather fights, Schaefer was the liaison for Golden Boy, never De La Hoya.
"I haven't worked with him," Ellerbe said of De La Hoya. "Richard and his team have been doing the day-to-day stuff ever since we've been involved with them. That's no knock on Oscar at all. Just in our experience, we dealt with the CEO."
Ellerbe would not preclude working with Golden Boy in the future, in some capacity, just not for Sept. 13.
"Their company is in a leadership flux," Ellerbe said. "Whether that will be temporary or long term is not for me to say and it's not my business. In the short term, there's been a change, and we'll see how it plays out, but we're not going to wait around and see who fills what job. We can't wait. We have no reason to wait."
Mayweather co-promoted his last nine bouts but Golden Boy Promotions always was the promoter of record.
Mayweather Promotions since 2012 has presented multiple Showtime-level promotions, produced its first world-title holder, and built a 12-fighter stable.
leonard-ellerbe-schaefer.jpgLeonard Ellerbe has had a good working relationship with Richard Schaefer.Josh Slagter | MLive.com
The biggest fighter under its banner — or any banner — just produced a seismic shift in boxing's balance of promotional power.
There is widespread speculation Schaefer will remain in boxing, perhaps in a relationship involving Haymon and/or Mayweather, with Golden Boy chief operating officer Bruce Binkow potentially joining him.
Ellerbe said Mayweather only fought under Golden Boy's banner because of the company's vast stable of potential opponents, a pool significantly reduced by attrition and several fighters who have fought with the company without signing long-term contracts.
The latter list includes both of Mayweather's likely next opponents, Garcia and Maidana.
"This isn't about the people in place," Ellerbe said. "It just happened to work out where we were fighting their fighters. If Dan Goossen had a 147- or 154-pounder, or somebody in the 140-plus range who had been in a number of big fights and gotten a number of big wins, I'd be doing business with him."
Ellerbe said what comes next is a natural progression.
"We haven't been working 16, 17 hours a day, seven days a week, for the last seven years, for nothing," Ellerbe said. "During that time frame, we've evolved and grown our own brand. I'm concerned about Mayweather Promotions and our fighters, not some other company's fighters. It's not about Oscar or Golden Boy Promotions. It's about us and our company.