Two days after Richard Schaefer resigned as the only chief executive in Golden Boy Promotions history, company co-founder, president and majority shareholder Oscar De La Hoya finally released a statement.
One can only assume he was talking about Schaefer’s not totally unexpected resignation since he did not mention Schaefer by name in the terse, 37-word statement that did not address any of the issues in a substantive way.
Not sure why it took De La Hoya -- or his handlers -- more than two full days since the resignation to come up with this but here it goes:
“Golden Boy Promotions is moving ahead on all fronts,” De La Hoya said. “We look forward to continuing and expanding our key position in the boxing world and to providing the public with the very best the sport has to offer.”
De La Hoya, who founded Golden Boy with Schaefer in 2002, will be inducted into the International Boxing Hall of Fame on Sunday in Canastota, New York.