?The fact is that yesterday he was lying, today he?s lying, and tomorrow, he will still be lying. Once a liar, always a liar.?
That was Richard Schaefer, the CEO of Golden Boy Promotions, describing Bob Arum of Top Rank in yesterday?s story from Golden Boy?s house publication, Ring Magazine.
Apparently he is pissed off that Arum was talking to some investors, including one in Singapore, about a fight between Floyd Mayweather and Manny Pacquiao, and Arum made it perfectly clear that neither Schaefer nor Golden Boy needed to be involved in the negotiations.
The same story reads like this, in one of its passages: ?Mayweather, who is handled by Golden Boy Promotions?..?
OK, stop right there.
Whoever fed that information to the writer of that story is the true liar.
The fact is, Mayweather ISN?T ?handled? by Golden Boy. Golden Boy obviously doesn?t manage Mayweather. There is no promotional contract between Mayweather and Golden Boy. Negotiations for fights involving Mayweather do not have to include Golden Boy, either by legal or moral obligation.
In fact, any involvement Golden Boy would have in negotiations or promotions concerning fights for Floyd Mayweather would only be at the invitation of Mayweather himself and/or Al Heyman, who is his ?advisor.?
Ultimately, Mayweather steers his own ship, which sometimes encounters rocky seas, from a business standpoint, but is his ship nonetheless. And so he and others that he designates customarily talk to outside parties about putting up money to stage fights. I know, because I have seen it. What may happen after that, upon the culmination of a deal, is their choice, and they may choose to hire Golden Boy to promote the fight, or they may not.
