Lem Satterfield

Schaefer says Arum doesn’t want Mayweather-Pacquiao

It has been a busy week for Golden Boy Promotions CEO Richard Schaefer, dealing with licensing issues for ex-WBC beltholder Victor Ortiz, as well as the controversy surrounding last month’s fight between Lamont Peterson and Amir Khan.

But the bulk of Schaefer’s attention has been focused on finding the next fight for WBC welterweight beltholder Floyd Mayweather Jr., who took matters into his own hands somewhat by issuing a challenge to WBO counterpart Manny Pacquiao via Twitter this week.

Schaefer has little opportunity to answer the “20 or more” daily calls and e-mails from reporters seeking responses to statements made by Pacquiao, his promoter, Top Rank CEO Bob Arum, and advisor, Michael Koncz, but that doesn’t mean he’s at a loss for words.

Schaefer is railing against the rationale put forth by Arum and Koncz, who have all but dismissed May 5 as an economically illogical date for Mayweather-Pacquiao, citing their camp’s desire to have built a 40,000-seat, temporary outdoor venue on the Las Vegas strip in late May or early-June to maximize revenue.

“It’s just one bulls–t story after the other. That’s why I’m getting all of these media calls. People should just realize that this guy doesn’t want to do the fight,” said Schaefer of Arum.

Another reason given came from Top Rank President Todd duBoef, who said during an interview with BoxingScene.com that he has yet to hear directly from Mayweather.


“For starters, I think it’s difficult to negotiate through the media. I think what Mayweather is doing is using Twitter for some public relations, but he knows this is not the right way to negotiate,” said duBoef.

“If he wants to talk, he has my cell number. The problem is, we don’t know who to negotiate with. We have seven different people and we don’t know who the right person is. It’s frustrating.”

Schaefer’s answer?

“Todd’s saying that it’s frustrating that he doesn’t know who to contact? He knows who to call,” said Schaefer. “Again, what planet are these people living on? Give me a call. He knows where to find me. Give me a call.”

As it stands, however, Pacquiao appears set to choose from among four candidates to fight in late May or June, and none of them are Mayweather, who, in turn, seems ready to name another opponent for his target date of May 5.

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