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Richard Schaefer

September 12, 2013 | By Lance Pugmire
LAS VEGAS - All the measuring sticks show that Saul "Canelo" Alvarez's popularity continues to rise to almost unprecedented levels. The 23-year-old Mexican star will be the crowd favorite Saturday night inside the MGM Grand, site of Alvarez's junior-middleweight world title fight against unbeaten Floyd Mayweather Jr. for which $20.03 million in tickets - a U.S. boxing record - sold in one hour. Alvarez promoter Richard Schaefer said that the sports director of Mexico television network Televisa, Alberto Sosa, expects the Mayweather-Alvarez fight to be one of the most widely viewed events in the country's television history.
May 8, 2012 | By Lance Pugmire
  World Boxing Assn. and International Boxing Federation junior welterweight champion Lamont Peterson has tested positive for synthetic testosterone, jeopardizing his May 19 title defense against England's Amir Khan at Mandalay Bay in Las Vegas, said Keith Kizer, executive director of the Nevada State Athletic Commission, and Peterson's promoter, Richard Schaefer. Kizer and Schaefer confirmed the positive result for synthetic testosterone and are now awaiting a letter Tuesday explaining the result from Peterson's attorney, both men said.
May 9, 2012 | Staff and wire reports
The anticipated world junior-welterweight title rematch between Lamont Peterson and Amir Khan in Las Vegas on May 19 was canceled Wednesday by Golden Boy Promotions because of the fallout from Peterson's positive test for testosterone. "It's unfair to the public, HBO and the hotel [Mandalay Bay]," said Golden Boy Chief Executive Richard Schaefer , whose decision came after he was informed by the Nevada State Athletic Commission that it would conduct a special session Tuesday to weigh Peterson's licensing.
February 25, 2014 | By Lance Pugmire
A “very disappointed” Amir Khan is now mulling his options after getting passed over by Floyd Mayweather Jr., who Monday chose Marcos Maidana as his May 3 opponent. Khan promoter Richard Schaefer of Golden Boy Promotions, which has assisted Mayweather in the promotion of all of his fights since 2007, said Mayweather (45-0) told Schaefer at the Lakers game Sunday night that Khan lacked “a signature” victory that would convince Mayweather to fight him. “I explained to Amir that this doesn't mean he'll never get the fight,” Schaefer said.
December 31, 2009
Boxer Manny Pacquiao filed a lawsuit Wednesday in federal court in Las Vegas, alleging that Floyd Mayweather Jr. and his father defamed him with their comments saying the Filipino star has used performance-enhancing drugs, including steroids. Pacquiao named the Mayweathers and his promoters Oscar De La Hoya and Richard Schaefer as defendants. In the suit, Pacquiao says the Mayweathers' claims that Pacquiao used performance-enhancing drugs are false and that these claims are an attempt to destroy his professional reputation.
January 3, 2013 | By Lance Pugmire
Floyd Mayweather Jr.'s return to the ring May 4 at MGM Grand in Las Vegas remains in negotiation, with Robert Guerrero the most likely opponent and an official announcement expected by the Super Bowl, the man negotiating the bout said. Richard Schaefer, the Golden Boy Promotions chief executive who's helped promote all of Mayweather's fights since 2007, said Thursday, “I know 100% that Floyd will be on that [May 4] card. Floyd is very clear he wants that.” Mayweather (43-0, 26 knockouts)
September 28, 2012 | By Lance Pugmire
Palm Springs' Timothy Bradley will make his first defense of the World Boxing Organization welterweight title he won against Manny Pacquiao Dec. 15 at Marlins Stadium in Miami, his promoter announced Friday. Although an opponent hasn't been officially signed yet, the fighter mostly likely to land the fight is former welterweight champion Andre Berto, according to a source close to the negotiations but unauthorized to speak publicly on the matter. Bradley promoter Bob Arum said HBO, which will televise the Dec. 15 fight, was unable to help broker a deal with rival promoter Richard Schaefer to make Robert Guerrero (30-1-1, 18 KOs)
September 4, 2013 | By Lance Pugmire
The Nevada State Athletic Commission has chosen Kenny Bayless to referee the  pay-per-view super-fight between Floyd Mayweather Jr. and Mexico's Saul “Canelo” Alvarez at the MGM Grand Garden Arena boxing ring Sept. 14. The commission also selected Nevada judges Dave Moretti and C.J. Ross and Canada's Craig Metcalfe as those who could ultimately decide the outcome on points. Seven of Mayweather Jr.'s last nine fights have gone to the judges. Bayless, 53, has worked three of Mayweather's past fights, and is regarded as one of the world's best, most recently working the December knockout of Manny Pacquiao by Juan Manuel Marquez.
July 18, 2013 | By Lance Pugmire
The record-breaking Floyd Mayweather Jr.-Saul “Canelo” Alvarez fight Sept. 14 in Las Vegas has added an undercard bout in order to now pursue a record pay-per-view audience. Unbeaten junior-welterweight champion Danny Garcia (26-0, 16 knockouts) will defend his World Boxing Council belt against hard-punching Argentinian Lucas Matthysse (34-2, 32 KOs). Philadelphia's Garcia, 25, won his belt in 2012, knocking out Amir Khan. He's defended the belt against veterans Erik Morales and Zab Judah, bringing some criticism that he was being protected against past-their-prime foes.
March 6, 2014 | By Lance Pugmire, This story has been corrected. See below
World light-middleweight champion Carlos Molina was arrested in Las Vegas earlier this week, but is in the process of being released Thursday morning to keep his Saturday night title defense against Jermall Charlo on the “Canelo” Alvarez-Alfredo Angulo card, according to the fight card's promoter. “He's being processed out of jail as of now, and I'm being told the fight was on,” said Richard Schaefer, chief executive of Golden Boy Promotions. Schaefer is promoting the fight while Molina is actually promoted by Leon Margules of Warrior Boxing, who has given Schaefer assurances that Molina will appear at a 1 p.m. Thursday news conference in Las Vegas, and will fight Charlo (17-0, 13 KOs)
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