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Golden Boy settles with Schaefer, will lose some Haymon fighters

Golden Boy will lose some talent, as fighters with Al Haymon are breaking ties with the promotional firm.

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Scott Christ is the managing editor of Bad Left Hook and has been covering boxing for SB Nation since 2006.

Golden Boy Promotions has settled their lawsuit with former CEO Richard Schaefer, but the biggest news for normal boxing fans is that Golden Boy will no longer be promoting the likes of Adrien Broner and Danny Garcia, two top stars in the 140-pound division, as those two will remain loyal to Al Haymon.

Kevin Iole reports that a few Haymon-advised fighters who have actual Golden Boy deals will remain with the promotional firm for the time being:

Golden Boy will retain the promotional rights to Haymon advised fighters such as Amir Khan, Lucas Matthysse and Leo Santa Cruz. Golden Boy also has a deal independent of Haymon with Canelo Alvarez, one of the biggest stars in the sport.

However, there will be a serious talent drain, with fighters like welterweight Adrien Broner and Danny Garcia, who had been Golden Boy staples the last several years, remaining with Haymon.

Haymon, of course, is starting the "Haymon Boxing" series on NBC soon, which may be the biggest story of 2015 when all is said and done, if the show actually promotes relevant, interesting fights on a network that isn't HBO or Showtime, who have had pretty much all the major fights in boxing during this generation.

This might also open the door, as Iole notes, for Schaefer to join Mayweather Promotions, which has been in the back of most minds since he departed Golden Boy. Schaefer is close with Floyd Mayweather and Al Haymon, and with his experience and success at GBP, could be a huge add for Mayweather's team, as well as potentially with the Haymon squad going to NBC.

UPDATE: From Lance Pugmire of the LA Times:

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