Oscar De La Hoya: 'Golden Boy is moving ahead' following Schaefer's resignation

Victor Decolongon

Oscar De La Hoya has released a public statement addressing the departure of CEO Richard Schaefer from Golden Boy Promotions.

Golden Boy Promotions owner Oscar De La Hoya released a brief statement today to give the world something official following the resignation of CEO Richard Schaefer, a move that figures to have massive ramifications around the sport, particularly in regards to the U.S. scene.

"Golden Boy Promotions is moving ahead on all fronts," De La Hoya said via press release. "We look forward to continuing and expanding our key position in the boxing world and to providing the public with the very best the sport has to offer."

The biggest question here still remains what becomes of the Al Haymon-advised fighters who are signed with Haymon and have been fighting under the Golden Boy banner. Among that group you have Adrien Broner, Amir Khan, Marcos Maidana, Lucas Matthysse, Andre Berto, Lamont and Anthony Peterson, Robert Guerrero, Danny Garcia, Peter Quillin, Shawn Porter, Keith Thurman, Paulie Malignaggi, Erislandy Lara, Gary Russell Jr, Deontay Wilder, Leo Santa Cruz, the 2012 Olympians, and Omar Figueroa, among others.

Of course, De La Hoya has also been speaking openly with his former promoter, Top Rank's Bob Arum, hoping to end the long-standing rivalry between the two companies. Matters are further complicated now that the war has extended so heavily to HBO (where Top Rank has been promoting their fights) and Showtime (which has housed Golden Boy and Mayweather Promotions fighters) over the last year or so, ever since Floyd Mayweather jumped ship to Showtime.

Mayweather, for his part, has also stated he's no longer going to work with Golden Boy, which he has been doing since 2007, despite never being part of their roster. Floyd hasn't had a single fight since then that has not been in association with and mostly promoted by Golden Boy, but it's no secret that Mayweather and De La Hoya are not friendly at all, while Floyd and Schaefer have become quite close over the years.

There are really only a handful of notable fighters -- Canelo Alvarez, Bernard Hopkins, Abner Mares, for example -- who are signed to Golden Boy but are not associated with Haymon. This is all a long way from over, and there's still a lot left to shake out. But Oscar's public statement is that they're moving forward. We'll see.

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