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Boxing promoter Richard Schaefer steps aside as head of Golden Boy
Boxing promoter Richard Schaefer steps aside as head of Golden Boy

After weeks of tension between Oscar De La Hoya and the chief executive of his boxing promotion company, Golden Boy Promotions, Richard Schaefer announced Monday he is leaving the company. The announcement was made by a publicist who works for both Golden Boy and for unbeaten Floyd Mayweather Jr., the sport’s pound-for-pound king who has shown interest in expanding his own boxing promotion company. “After more than 10 years with Golden Boy, it is time to move on to the next chapter of my career,” Schaefer said in his statement. “This decision has required a great deal of personal reflection, but ultimately I concluded that I have no choice but to...

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