Golden Boy President Wants To Eliminate All Competition

[Gamer]

c/p By Mark Vester

During a lengthy interview with Broadcasting Cable, Golden Boy Promotions President Oscar De La Hoya discussed the future of boxing and the necessary direction to fix the ongoing problems in the sport. In the opinion of De La Hoya, the sport of boxing has to be run like any other sport. There needs to be one promoter calling the shots and making the cards, and De La Hoya says that entity needs to be Golden Boy.

"The Don Kings and Bob Arums have had a chokehold on this sport for the last 40 years. They've been able to put great fights on, they've been able to promote the sport, yes, but I believe the days are long past of the way they promote. Now, we have to think outside the box; we have to think like the NBA and MLB and have one commission and one major promoter in the sport," De La Hoya said.

"We need to sign all the talent and get all the TV dates; then you can have your own agenda and have a schedule for the fans and the sport. You can do a monthly PPV, a bi-weekly HBO fight, you can have the best fighters fight each other. When you have five or six promoters, it's very difficult."

De La Hoya says his plan is not to take over boxing, but to eliminate any conflicts that prevent the sport from moving forward and cut out the issues that prevent the big fights from happening. De La Hoya fails to mention how this scenario would greatly benefit Golden Boy. If every promoter was eliminated, Golden Boy would be able to pay whatever they pleased to boxers, and the boxers would be forced to take the amounts because there would be no alternative promoter to sign with.

"My plan is not to take over boxing, but really do what no other promoter was able to do, and that is have unified rules and one commissioner and make sure the fighter is taken care of and is not cheated out of anything. That's one of the reasons boxing hasn't really taken itself to the next level, because we cannot make those big fights and a lot of times promoters are the ones in the way," De La Hoya said.

"We are very transparent with whatever we do with our fighters, and in a way, yes, we do want to take over. Well, we don't want to take control of boxing, but we want to do the right thing for the sport. Have one [entity] running it like U F C. It's very confusing with all these championship belts-my idea would be to have one champion in each division. There should be one heavyweight champion, not 20 like we have now. Too much confusion. We have to weed out the bad and bring in the good."

[rokko]

in the old days oscar would be wearing cement shoes for talking like that

[aquariusone]

in the old days oscar would be wearing cement shoes for talking like that

LOL! I like your no-nonsense, cut-to-the-chase response!

Don Antonio Calderone
Italy

[rokko]

mic marley examiner----------------Acerbic Arum: De La Hoya's system reminds me of the Soviet Union
September 27th, 2010 10:06 pm ET.
Archrrival Bob Arum looked at Oscar de la Hoya's histrionic statements about total rule of boxing by Golden Boy and laughed Monday night.

"They're coming out from New York...Joe DeGuardia, Lou DiBella, Gary Shaw...they're coming out out to Las Vegas and we're going to have a big bonfire. We're going to all burn out promotional licenses," the head of Vegas-based Top Rank said with tongue planted firmly in cheek.

I suggest they call it "Bonfire of the Vanities, 2."

I asked Arum his thoughts about the Golden Boy's grand design for boxing to become like mixed martial arts, which is predominantly ruled by Dana White and the monolithic UFC.

"Yeah, that's a good system if you like how the government totally ran the old Soviet Union. If you like the Soviet operation and do not like competition between the promoters for fighters, for TV dates and all the rest, then that is perfect," Arum said.


"What Oscar wants is good if you don't like the capitalistic system or model of business."


Arum said that maybe de la Hoya, long promoted by Top Rank, may have some mental damage from boxing.

"He's just an idiot," Arum said. "We knew that so we always stood over him and kept him on message. If you let him loose, he just blurts things out."


In one of their verbal spats, Oscar referred to lawyer Arum "as a big Jew from Harvard." Arum did graudate from Harvard Law School.

Arum was more keen on talking up his Antonio Margarito-Manny Pacquiao bout at Cowboys Stadium Nov. 13.

"Manny's left foot is fine. (Agent) Mike Koncz told me Manny knocked (trainer) Freddie Roach down three times in the gym today, he's hitting that hard. Robert Garcia, meanwhile reports to us that Margarito is working very hard also."

Arum theorized that Pacman is pushing himself physically for a special reason.

"Now that he is a Congressman, Manny doesn't want anyone saying he can't do both. That's why he is so focused. That and because he knows this is no walk in the park. Margarito is so freaking big

[rokko]

lem satterfield fanhouse---------------

The war between boxing's two, promotional giants rages on, with Golden Boy Promotions' President, Oscar De La Hoya saying that Top Rank Promotions' CEO Bob Arum and rival Don King "have had a choke hold on this sport for the last 40 years," and Arum condemning De La Hoya's comments as "Pathetic," and "Dumb."

A former world champion who was once promoted by Arum during the early portion of his career, De La Hoya made his comments during a recent interview with Broadcasting and Cable and Multichannel News' Editor In Chief, Ben Grossman, whose company will honor De La Hoya during it's Sept. 29, eighth annual Hispanic Television Summit in New York.

"The Don Kings and Bob Arums have had a chokehold on this sport for the last 40 years. They've been able to put great fights on, they've been able to promote the sport, yes, but I believe the days are long past of the way they promote. Now, we have to think outside the box. We have to think like the NBA and MLB and have one commission and one major promoter in the sport," said De La Hoya.

"We need to sign all the talent and get all the TV dates. Then you can have your own agenda and have a schedule for the fans and the sport," said De La Hoya. "You can do a monthly pay per view, a bi-weekly HBO fight, you can have the best fighters fight each other. When you have five or six promoters, it's very difficult."

Of De La Hoya's comments, Arum said, "I've seen them. I read the whole thing." King could not immediately be reached for comment.

"There's one word to describe Oscar, and his commentary, and that's pathetic. I mean, this guy is really so dumb. Anybody that pays any attention to what he says has to be stupid," said Arum.


"That's all that I have to say about it. I mean, I'm not going to give a rebuttal to it," said Arum. "It's preposterous. What do you do, get angry at it? He's just simply pathetic. That's my crituque on this, that it's pathetic."

De La Hoya's latest comments were made on the heels of an interview with Elie Seckbach of FanHouse, during which he expressed his interest in an all-Mexican mega-fight between Top Rank's junior middleweight (154 pounds) and middleweight (160 pounds) prospect Julio Cesar Chavez Jr. and Golden Boy's junior middleweight contender Saul Alvarez.

De La Hoya's comments, which included suggesting that Chavez Jr.'s contract with Top Rank was nearing an end, angered Arum, who denied De La Hoya's claims that his relationship with Chavez Jr. had deteriorated.

Arum said that he still has a three-year contract with Chavez (40-0-1, 30 KOs), who will face Alfonso Gomez (22-4-2, 11 KOs) Dec. 4 at The Pond in Anaheim, Calif.

There are also two lawsuits in play between Golden Boy Promotions and Top Rank Promotions, each involving WBO welterweight (147 pounds) Manny Pacquiao (51-3-2, 38KOs), who will face ex-champ Antonio Margarito (38-6, 27 KOs) on Nov. 13 for the WBC's vacant junior middleweight (154 pounds) title at the Dallas Cowboys' Stadium in Arlington, Texas.

On Sept. 21, Golden Boy Promotions filed a lawsuit in the U.S. District Court of Nevada against Arum and Top Rank CFO, David Lopez, accusing the duo of racketeering and fraud and seeking damages in the range of $3 to $5 million plus attorneys fees related to money generated from three Pacquiao fights.

Golden Boy Promotions owns a percentage of Pacquiao's promotional contract in accordance with a settlement between the two companies in 2007, and is owed millions of dollars from Pacquiao's 2008 lightweight title bout against David Diaz, his 2009 welterweight title bout against Miguel Cotto and his March welterweight title defense against Joshua Clottey.

Pacquiao once signed with both companies in late 2006, but eventually stuck with Top Rank after the settlement. Under the grounds of the settlement, mediated by retired federal judge Daniel Weinstein, Top Rank retained Pacquiao's promotional rights with Golden Boy due to receive a percentage of Top Rank's profits each time he fought.

Golden Boy, however, contends that Top Rank has often failed to report revenue from the fights and falsely inflated expenses, believing that the company will similarly do so for Pacquiao's fight with Margarito.

The other suit between the two companies stems from the failed negotiations for a Floyd Mayweather-Pacquiao bout, and lists De La Hoya (pictured at right, middle), Golden Boy CEO Richard Schaefer, Floyd Mayweather Sr., and Mayweather's uncle and trainer, Roger Mayweather, as defendants.

Pacquiao filed the suit in December seeking compensatory and punitive damages for defamation of character, believing that the defendants have accused him of using steroids.

Although the rival companies were not able to successfully negotiate the Mayweather-Pacquiao fight, which dissolved over the issue of drug testing, De La Hoya said that he still believes that the fight can be made.

"My philosophy is Mayweather just fought two or three months ago. Floyd is saying, 'I just made $65 to $70 million in two fights. Why am I going to rush to fight again. Why should I be pushed? I will fight when I want,'" said De La Hoya.

"We feel that early next year, first quarter of next year, we are optimistic it will happen," said De La Hoya. "It has to happen. Floyd knows it's the biggest fight out there, and they don't call him 'Money Mayweather' for nothing

[aquariusone]

Oscar dela Hoya was a great champion and probably a Hall of Famer. He was often a gentleman as a winner or loser and kept his composure in his pre-or post-fight interviews.

However, whatever fame and fortune has made him to be, he fails as a public-relations ambassador for boxing with his latest pronouncement about "Golden Boy Productions" calling all the shots in boxing - a "Dana White wannabe".

Many fight (boxing) fans like me agree with some of his premises about what ails the sport, and how big promoters (like Arum & King AND GBP) orchestrate many meaningless boxing matches, watering down interest in the sport and creating boredom in the process. What makes his pronouncement idiotic is that he is as much part of the problem as the others. Yet he wants to crown himself the "Savior" of boxing.

Sounds familiar? It seems that we have heard something similar before - from none other than his cohort - "money" Mayweather. It could be that they are sniffing the same glue.

If he really wants to do something about this, he should initiate a cooperative dialog with all the different boxing commissions (WBC, WBA, IBF, etc.) and ALL promoters for the establishment of a universal or North American Boxing Commission. Perhaps there should be an amalgamation of all the existing boxing commissions to revive interest in the sport. That would be a gigantic task since all these commissions are all in it for the money by charging a fee to sanction a fight.

With the megabucks made by boxing super stars under the stable of top promoters, the prestige attached to a (WBA/WBC etc.) belt is diminishing. They no longer care if they are holding a belt. Then there is HBO and SHOWTIME. They too are meddling with the sports and are beginning to dictate which fight they will sponsor and carry on their media. They only have one goal......viewer revenues. They could care less who is legitimately contending for a championship.

In a convoluted capitalistic and profit-driven society, real talents may not even be recognized, IF they are not promoted by Top Rank or Don King or GBP; IF they do not have the "draw power" for HBO or SHOWTIME; IF they are refused licences by any of the state commission; IF, IF, IF!!!

There are two many hands in the pie. Why can't they emulate the LPGA or the PGA or the Tennis associations where practitioners of the sports grind their way to the top, regardless of race, color, religion, or creed? To be recognized as the CHAMPION, one has to go on an elimination round on a calendar year basis. All boxers all over the world in each weight class battle against each other at the beginning of the year; winners go on to compete in a national rank; then in a geographical or country rank. Towards the end of the year, country champions then compete on an international boxing ring on an elimination round with quarter-finals; semi-finals; and championship match between the the last TWO STANDING BOXERS. (Boxer against boxer; promoter against promoter.) The winners are then declared as the 2011 FLYWEIGHT (etc) Champion of the World. They are then seeded for the 2012 rounds to have the opportunity to be champions again.

Imagine what coverage will bring millions of viewers around the world.

[rokko]

great article aqua i vote you the new commish

[aquariusone]

great article aqua i vote you the new commish

Thank you! You should be Vice Commish....hehehehe...better still, Godfather and Lieutenant! We organize a boxing cartel! LOL!

[KIDWCKED]

Oscar dela Hoya was a great champion and probably a Hall of Famer. He was often a gentleman as a winner or loser and kept his composure in his pre-or post-fight interviews.

However, whatever fame and fortune has made him to be, he fails as a public-relations ambassador for boxing with his latest pronouncement about "Golden Boy Productions" calling all the shots in boxing - a "Dana White wannabe".

Many fight (boxing) fans like me agree with some of his premises about what ails the sport, and how big promoters (like Arum & King AND GBP) orchestrate many meaningless boxing matches, watering down interest in the sport and creating boredom in the process. What makes his pronouncement idiotic is that he is as much part of the problem as the others. Yet he wants to crown himself the "Savior" of boxing.

Sounds familiar? It seems that we have heard something similar before - from none other than his cohort - "money" Mayweather. It could be that they are sniffing the same glue.

If he really wants to do something about this, he should initiate a cooperative dialog with all the different boxing commissions (WBC, WBA, IBF, etc.) and ALL promoters for the establishment of a universal or North American Boxing Commission. Perhaps there should be an amalgamation of all the existing boxing commissions to revive interest in the sport. That would be a gigantic task since all these commissions are all in it for the money by charging a fee to sanction a fight.

With the megabucks made by boxing super stars under the stable of top promoters, the prestige attached to a (WBA/WBC etc.) belt is diminishing. They no longer care if they are holding a belt. Then there is HBO and SHOWTIME. They too are meddling with the sports and are beginning to dictate which fight they will sponsor and carry on their media. They only have one goal......viewer revenues. They could care less who is legitimately contending for a championship.

In a convoluted capitalistic and profit-driven society, real talents may not even be recognized, IF they are not promoted by Top Rank or Don King or GBP; IF they do not have the "draw power" for HBO or SHOWTIME; IF they are refused licences by any of the state commission; IF, IF, IF!!!

There are two many hands in the pie. Why can't they emulate the LPGA or the PGA or the Tennis associations where practitioners of the sports grind their way to the top, regardless of race, color, religion, or creed? To be recognized as the CHAMPION, one has to go on an elimination round on a calendar year basis. All boxers all over the world in each weight class battle against each other at the beginning of the year; winners go on to compete in a national rank; then in a geographical or country rank. Towards the end of the year, country champions then compete on an international boxing ring on an elimination round with quarter-finals; semi-finals; and championship match between the the last TWO STANDING BOXERS. (Boxer against boxer; promoter against promoter.) The winners are then declared as the 2011 FLYWEIGHT (etc) Champion of the World. They are then seeded for the 2012 rounds to have the opportunity to be champions again.

Imagine what coverage will bring millions of viewers around the world.

Your getting the Siskel and Ebert award for that post bro..Thanx Aqua!!:thumbsup: