Oscar De La Hoya Talks Golden Boy Promotions, Bob Arum Before Mayweather-Maidana

Tim KeeneyContributor IMay 3, 2014

LAS VEGAS, NV - MAY 04:  President of Golden Boy Promotions Oscar De La Hoya arrives at a VIP pre-fight party at the WBC welterweight title fight between Floyd Mayweather Jr. and Robert Guerrero at the MGM Grand Hotel/Casino on May 4, 2013 in Las Vegas, Nevada.  (Photo by Jeff Bottari/Getty Images)
Jeff Bottari/Getty Images

Oscar De La Hoya has been through many fights in his career, and he's not backing down from the newest—a fight to keep control of his company. 

During an impromptu press conference before Saturday night's Floyd Mayweather vs. Marcos Maidana bout, the 41-year-old discussed his intention in retaining ownership of Golden Boy Promotions.

"I have my vision and I have my plans," De La Hoya said, per The Associated Press' Tim Dahlberg (via ABC News). "Nobody is going to stop me from doing this. The company isn't called Golden Boy for nothing."

De La Hoya, who earned the "Golden Boy" nickname after winning gold at the 1992 Summer Games in Barcelona, has seen his relationship with CEO Richard Schaefer deteriorate as the struggle for the control over the direction of Golden Boy Promotions has raged on.

LAS VEGAS, NV - MAY 01:  CEO of Golden Boy Promotions Richard Schaefer (L) introduces President of Golden Boy Promotions Oscar De La Hoya at the final news conference for the bout between Floyd Mayweather Jr. and Robert Guerrero at the MGM Grand Hotel/Cas
Jeff Bottari/Getty Images

The former champ said he has only talked to Schaefer through attorneys but that he plans to shake his hand and possibly give him a hug. 

"I have nothing against Richard but I have to look out for myself," De La Hoya said. "I have to look out for my company and I have to look out for boxing."

One of the biggest disagreements between the two has surrounded rival promoter Bob Arum. De La Hoya talked about once again doing business with the Top Rank founder, noting that it would be good for the sport, via TheSweetScience.com's Michael Woods:

A potential Mayweather vs. Manny Pacquiao fight comes to mind, obviously, but having the two biggest promotions in boxing working together would open up a vast array of new avenues. 

But as Schaefer  told Yahoo! Sports' Kevin Iole last week, it's not going to happen as long as he is around:

It doesn't make sense to me. If Oscar wants to meet with Arum and have some kind of reconciliation on a [personal] level, that's up to him. Fine. But Golden Boy is not doing fights with Arum. I'm not working with Arum again as long as I'm the CEO of Golden Boy.

Together, De La Hoya and Schaefer turned Golden Boy Promotions into one of the two most dominant and successful businesses in the sport. But as Schaefer has continued to "grind away," as ESPN's Dan Rafael put it, and turn Mayweather into the biggest draw in sports, De La Hoya has struggled with addiction, most recently checking into rehab last September, per Dahlberg. 

With the crossroads on the horizon and a decision on the future of the company seemingly coming soon, the landscape of boxing could be set for a major change.

Either way, though, it's clear that De La Hoya—head of the company and majority shareholder—is ready for a fight despite an uneven past couple of years.