Schaefer On Mayweather-Pacquiao “The fight is bigger than it could have ever been”

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    (L-R) Richard Schaefer of Golden Boy Promotions & Stephen Espinoza of Showtime, shake hands after making a special announcement during a press conference prior to the Hopkins VS. Murat fight at the Boardwalk Hall in Atlantic City, NJ.Photo Credit: Jayson Colon / © FIGHTiMAGES.COMPremier Champions Boxing made its debut this past Saturday to a rating of 3.13 million viewers in prime time. A lot of boxing people made the trip to see its debut. Among them was former CEO of Golden Boy Promotions, Richard Schaefer.

    Schaefer whose split with Oscar De La Hoya is well publicized was rumored to either be joining Al Haymon and his PBC in some capacity or become a part of Mayweather Promotions. Through his split with De La Hoya, there was a settlement that included a non-compete clause for two years. Meaning Schaefer isn’t legally able to join either entity in such capacity for now. But that doesn’t mean he’s not a fan of the sport.

    Schaefer chimed his opinion with Boxingscene.com’s Radio Rahim on the biggest fight in the sport, Manny Pacquiao-Floyd Mayweather.

    “I can’t really talk to you as a promoter or a matchmaker because I have nothing to do with the fight. But what I can tell you, based on my knowledge of the sport – I do think that the fight is bigger than it could have ever been – because we are living in an economic environment that is better now than it has ever been in the last seven years or so, in the United States and the world,” Schaefer told BoxingScene.com.

    Schaefer thinks it’s at its peak and feels the wait will contribute to it not only beating all records, but shattering it in the process. The other factor was the better economy comparing it to 5-6 years ago.

    “Money is more readily available now than it was in the last seven years. What that does is, I think, is there will be more people buying the pay-per-view, they are going to be able to get away with bigger pay-per-view prices, bigger ticket prices, etc. I think the financial pot is going to be bigger than it ever could have been in the last seven years.”