Richard Schaefer, CEO of Golden Boy Promotions, on Friday morning said he would not address in any way, shape or form the rumors that he and his boss, Oscar De La Hoya, are on the outs.
Some of the gossip has gone so far as to suggest that Schaefer was about to either resign or be pushed out of the company he has helped grow into a monster.
“I’m actually trying to get to the bottom of those rumors as well, and the sources,” Schaefer said via telephone. “I am not going to comment on it. I’ve never really been one to comment on rumors, and I’m not going to start now.”
Top Rank Inc. vice president Carl Moretti on Thursday said that an agreement has been reached for former world champions Juan Manuel Marquez of Mexico and Mike Alvarado of Denver to square off in the welterweight main event May 17 at the Forum in Inglewood.
“The paperwork was agreed to last night and this morning and is being sent out as we speak,” Moretti said of the fight, which will be contested at a catch-weight of 143 pounds.
The winner is expected to face the winner of the April 12 welterweight title fight between champion Timothy Bradley and Manny Pacquiao at MGM Grand in Las Vegas.
Moreover, Moretti said Top Rank plans to hold more big cards at the Forum, where Dr. Jerry Buss successfully promoted boxing in the 1990s.
Moretti said it’s difficult at times finding an open date at Staples Center, what with the Lakers, Clippers and the NHL’s Kings housed there.
“It’s a great option to have,” Moretti said. “With the history of the Forum, it’s a natural.”
A proposed bout between middleweight champion Gennady Golovkin and Andy Lee at Madison Square Garden in New York City was recently called off because of the unexpected death of Golovkin’s father.
That bout was to be televised by HBO, which said Wednesday it will no longer televise any card on that date.
“… With Gennady unavailable to us, HBO is moving off the date. We will move on to our other boxing programming initiatives for the spring and early summer,” an HBO spokesman wrote in a statement.
Miguel Cotto of Puerto Rico and Sergio Martinez of Argentina on Wednesday will play host to a Los Angeles-area news conference to formally announce their middleweight title fight slated for June 7 at Madison Square Garden in New York City (on HBO pay-per-view).
Cotto (38-4, 31 KOs), who is 33, has won titles in the junior welterweight, welterweight and junior middleweight divisions. If he takes Martinez’s middleweight belt, Cotto becomes the first Puerto Rican to win titles in four weight classes.
Martinez, 39, is 51.2-2 with 28 knockouts.
Saul “Canelo” Alvarez on Saturday rebounded from his first career loss by stopping fellow Mexican Alfredo “El Perro” Angulo in the 10th round of their junior middleweight main event at MGM Grand in Las Vegas. The Golden Boy Promotions card was televised on Showtime pay-per-view.
Alvarez (43-1-1, 31 KOs) was ahead by scores of 89-82, 89-82, 88-83 at the time of the stoppage, which came at 47 seconds into the round when Alvarez came out strongly following what was a good ninth round for him.
This was Alvarez’s first fight since he lost a decision to Floyd Mayweather Jr. this past September at MGM Grand.
This was the second consecutive loss for Angulo, who is now 22-4.
It’s official, Carlos Molina of Chicago via Mexico won’t be able to defend his junior middleweight title against Jermall Charlo on tonight’s undercard in Las Vegas because he remains on jail after having been arrested Tuesday on out-of-state warrants issued from the state of Wisconsin. Molina also has immigration issues, according to several reports out of Las Vegas.
That fight was scratched and now the 10-round lightweight fight between Ricardo Alvarez and Sergio Thompson will be elevated to the Showtime pay–per-view portion of the show at MGM Grand.
Saul “Canelo” Alvarez and Alfredo “El Perro” Angulo – both of Mexico – will tangle in the junior middleweight main event. The limit for junior middleweight is 154. But before the weigh-in Friday, Alvarez apparently let it be known he wouldn’t be able to make the weight. But it is not a title fight and the Angulo camp agreed to a limit of 155, according to a story on BoxingScene.com.
In that story, it was noted that Alvarez may have had to give Angulo $100,000 of his purse for the fight to go on at the higher weight. Alvarez then weighed in at 155, Angulo 154 1/2. Richard Schaefer, CEO of Golden Boy Promotions, could not confirm that Alvarez had to fork over the extra dough.
It will be interesting to see what unfolds Friday regarding junior middleweight champion Carlos Molina of Chicago via Mexico. He is supposed to defend his title against Jermall Charlo on Saturday on the undercard of the junior middleweight main event between Saul “Canelo” Alvarez of Mexico and countryman Alfredo “El Perro” Angulo at MGM Grand in Las Vegas.
But as of early Friday morning, Molina was still in jail after having been arrested Tuesday by Clark County officials for two out-of-state warrants. He also apparently is having immigration issues, according to several reports out of Las Vegas.
One story on ESPN.com indicated that Molina was born in Mexico, but has lived in the United States – currently in Chicago – since he was 4 years old.
If Molina is unable to get out of jail in time for Friday’s weigh-in, he could conceivably be stripped of his title. A story on BoxingScene.com reported that if that fight does fall through, a lightweight fight between Ricardo Alvarez – older brother of “Canelo,” and Sergio Thompson would be elevated to the Showtime pay-per-view portion of the card.
The Las Vegas Review-Journal reported that one of the warrants for Molina was for a parole violation for failing to register as a sex offender. Molina in 2002 was convicted of second-degree sexual assault of a child in Wisconsin.
To no one’s surprise, the May 3 Floyd Mayweather Jr.-Marcos Maidana welterweight title-unification bout will take place at MGM Grand in Las Vegas, a spokeswoman for Golden Boy Promotions confirmed Wednesday.
A deal for the fight was reached Feb. 24 – the day Mayweather turned 37. But until Wednesday the site remained up in the air – though Golden Boy CEO Richard Schaefer told this newspaper it most likely would be at the Las Vegas casino where Mayweather has fought 11 times.
The bout will be available on Showtime pay-per-view.
Mayweather is 45-0 with 26 knockouts. Maidana, of Argentina, is 30. He has a record of 35-3 with 31 knockouts.
There is a lot of boxing pride in Mexico, so when two of its best and most ferocious fighters square off, there is no denying how big of a fight it is to the combatants and their country.
Alfredo “El Perro” Angulo knows the score.
“Every fight is important, but this one is more special because of all the fans in Mexico will know that the winner of this fight is the No. 1 Mexican fighter,” Angulo, who will take on Saul “Canelo” Alvarez on Saturday in the junior middleweight main event at MGM Grand in Las Vegas (on Showtime pay-per-view), said at Tuesday’s arrival at MGM Grand. “It’s a huge fight for Mexico and it’s a huge fight for ‘Canelo’ and me.”
Angulo, of Mexicali, Baja California, is 22-3 with 18 knockouts. Alvarez, of Guadalajara, Jalisco, is 42-1-1 with 30 knockous.
This card is being staged by Golden Boy Promotions.
Trainer Abel Sanchez told us just last week that middleweight world champion Gennady Golovkin would likely be announcing his next title defense – April 26 against Andy Lee – this week. But over the weekend Golovkin decided to stay in his native Kazakhstan to observe a 40-day mourning period for the sudden loss of his father, Gennady Ivanovich Golovkin.
The elder Golovkin was just 68 when he died of a heart attack on Feb. 18.
“Everything in regard to Gennady’s boxing career is currently on hold,” said Tom Loeffler, an executive with K2-Promotions, which promotes Golovkin. “His priority is to spend time with his family and at the appropriate time he will advise us when he is ready to continue his boxing career.”
Golovkin is trained by West Covina’s Sanchez out of his gym in Big Bear.