New court documents allege that boxing’s mystery manager, Al Haymon, talked a big game in settlement negotiations with Golden Boy then ripped “premium fighters” from under their nose.
In early January, the world learned that enigmatic boxing advisor/manager Al Haymon had brokered a settlement agreement with Oscar De La Hoya and Golden Boy, releasing most of Haymon's fighters from the latter's promotional clutches. The deal also settled the ongoing employment dispute between Golden Boy and former CEO, Richard Schaefer, who had resigned in June 2014 and was facing an arbitration case.
On Jan. 9, Kevin Iole of Yahoo Sports reported, "Golden Boy Promotions settled its lawsuit with former CEO Richard Schaefer on Friday and surrendered its promotional rights to a number of top boxers who are signed with powerful manager/adviser Al Haymon, a source familiar with the deal told Yahoo Sports.