Dan Rafael: Golden Boy Promotions

LAS VEGAS -- When Golden Boy Promotions president Oscar De La Hoya paid a visit a couple of months ago to the Los Angeles home of Top Rank promoter Bob Arum, it was to put the years of animosity behind them, not to talk any specific business.

After all, for many years they had been a great team. Between De La Hoya's work in the ring and Arum's brilliant promotion of him they made hundreds of millions of dollars together and tons of big fights.

[+] EnlargeBob Arum, Oscar De La Hoya
Ethan Miller/Getty ImagesAfter years of division between them, promoters Bob Arum and Oscar De La Hoya are looking to potentially work together.
But the relationship ultimately went south, De La Hoya went out on his own, and the Top Rank-Golden Boy so-called cold war raged. It had a detrimental impact on boxing over the past several years because the companies refused to match their fighters against other, depriving fans of numerous fights we all wanted to see.

When De La Hoya decided he wanted to make amends and open the door to working together, Golden Boy CEO Richard Schaefer was adamantly against it. He didn't trust Arum and didn't like him either. It was a major bone of contention between De La Hoya and Schaefer and one of the many reasons Schaefer resigned from Golden Boy in an acrimonious split in early June.

With Schaefer gone, De La Hoya reached out to Arum for the initial meeting, which went well as they reminisced about the many good times they had together.

On Thursday, things turned more serious as De La Hoya -- in Las Vegas because Golden Boy is co-promoting Saturday night's Floyd Mayweather Jr.-Marcos Maidana rematch at the MGM Grand -- paid a visit to Top Rank's offices and met with Arum and Top Rank president Todd duBoef, Arum's stepson.

Unlike the meeting to bury the hatchet, this one was about business, their first in many years.

"It was a good meeting," De La Hoya told ESPN.com inside the media center at the MGM Grand on Friday. "[We are] just basically opening the doors to working together, to possibly making fights that are worth watching."

So, any fights in particular?

"Well, obviously Canelo came up," De La Hoya said of Canelo Alvarez, Golden Boy's biggest star, whose eventual showdown with middleweight champion Miguel Cotto, who is aligned with Top Rank, seems inevitable and is boxing's biggest fight not involving Mayweather or Manny Pacquiao. "I told Bob that I'm gonna sit down with Canelo next week. He's flying to L.A. and I'm going to sit down with him. So I have no news there. But we talked about Mikey Garcia, we talked about other fighters. We were just talking boxing. We talked about Abner Mares, various fighters and fights that we could possibly make."

De La Hoya said there are plenty of fan-friendly matches the companies can make with each other and that he is hopeful they will be able to do them. Since De La Hoya has taken over the day-to-day operations of Golden Boy in the wake of Schaefer's resignation, he has preached that the only important thing to him in boxing is to make the best fights for the fans. He can now make it more than just talk -- as long as Arum is up for it also. Arum has said multiple times that he is also willing.

"The way it ended was I told Bob, 'I'll give you a call next week,'" De La Hoya said. "We're gonna see what happens this weekend, we'll see what Canelo wants and then we'll talk.

"There was no dialogue before, so the fact that we are having dialogue, the fact that the doors are open, we're on the right path."

Santa Cruz, fans deserve bigger fight

September, 10, 2014
Sep 10
Leo Santa CruzEsther Lin/ShowtimeAll-action boxer Leo Santa Cruz defends his junior featherweight title Saturday against Manuel Roman.
LAS VEGAS -- Junior featherweight titlist Leo Santa Cruz is one of the most fan-friendly fighters in boxing. He throws tons of punches and usually has a smile on his face inside an
d outside the ring.

The former bantamweight titleholder -- he vacated to move up in weight -- will make the third defense of his featherweight title Saturday night (Showtime PPV, 8 ET) in one of the most coveted spots a fighter could ask for: the co-feature of Floyd Mayweather Jr.'s rematch with Marcos Maidana at the MGM Grand Garden Arena.

But instead of fighting a big name or a unification bout, which Santa Cruz has called for, or even a top contender, he is fighting Manuel Roman (17-2-3, 6 KOs), his former sparring partner. This is not a fight worthy of such a massive platform.

It sure is a far cry from other recent Mayweather co-features, such as Danny Garcia-Lucas Matthysse or Amir Khan-Luis Collazo.

While Roman is a hard worker and a nice guy, he hasn't done a single thing of note to get this title shot -- much less in the co-feature of a major pay-per-view. He has never fought a scheduled 12-round fight, has had only two 10-rounders, and has been fighting mainly six- and eight-round fights.

Santa Cruz (27-0-1, 15 KOs) would prefer a bigger fight, but he accepted Roman because that is who manager Al Haymon put in front of him.

"I don't like saying no to no fights. The first guy they offered to me was [Roman]," Santa Cruz said Tuesday. "So I was like, 'yeah.' I wanted to give him the opportunity. He was a good amateur growing up. So I wanted to give him the opportunity. Everybody deserves it, so I said yes.

"I wanted to fight a bigger name or a champion, but I didn't want to contradict the promoter [Golden Boy] or [Haymon]. I just said, 'yeah,' and they made the fight."

It puts Santa Cruz in a no-win situation. If he cruises to a win, that's what he was supposed to do. If he loses, it's a disaster.

"Fighters like Roman are dangerous," Santa Cruz said. "They come with everything and sometimes they surprise you. We don't underestimate anybody and we always come ready.

"I know he will come hungry, but I have trained hard and I won't let that happen."

Roman, of course, is aiming for the huge upset.

"We're here to try to disappoint Leo Santa Cruz," Roman said. "I've been working out very hard three times a day and also focusing on strength and conditioning. Nothing worries me. I know myself, I'm ready. He's just a great fighter who throws a lot of punches, but I'm a better boxer.

"I've known Leo for a while. We used to train together and that builds my confidence up. I'm a great counterpuncher and he's a slugger, and I think that works to my advantage."

Assuming Santa Cruz beats Roman, he does want a unification fight next.

"Hopefully, we get the victory and we can fight [unified champion Guillermo] Rigondeaux and make that happen. If not, hopefully [newly crowned titlist Carl] Frampton or [secondary titleholder] Scott Quigg."
Adrien Broner Al Bello/Golden Boy/Golden Boy/Getty ImagesAdrien Broner will return as a junior welterweight to headline a tripleheader Sept. 6.

Junior welterweight contenders Adrien Broner and Lucas Matthysse are both penciled in for Sept. 6 returns on Showtime, although not against each other.

Golden Boy Promotions is working on putting together a tripleheader for the show, which Broner (28-1, 22 KOs) would headline in his second fight since moving down to junior welterweight after losing his welterweight belt to Marcos Maidana in a terrific fight in December. Broner bounced back from a loss on May 3 on the Floyd Mayweather Jr.-Maidana undercard to win a one-sided 10-round decision against Carlos Molina.

“Broner would be the main event with Matthysse as a co-feature. I can confirm that,” Golden Boy Promotions vice president Eric Gomez told ESPN.com. “We don’t have a confirmation on a third fight yet. I gave [Showtime’s Stephen Espinoza] a few ideas. He’s supposed to let me know. He’s willing to do a tripleheader, but the third fight is up in the air.”

So are the opponents for Broner and Matthysse, although Gomez has a list of potential foes he said he and Espinoza are discussing.

Although Gomez would love to match Broner and Matthysse with each other at some point, people should not read into their appearance on the same card as any sort of official prelude to such a fight.

“No, they are not fighting each other [on Sept. 6],” Gomez said. “I would love for them to fight each other, but right now it’s just two guys who need to fight. These are two exciting fighters and two of the top guys in the division fighting on the same card.”

The location for the card has not been determined. Gomez said that Broner would like it to be in his hometown of Cincinnati, which is a possibility. South Florida and San Antonio, where Maidana beat Broner, are other possibilities.

Matthysse (35-3, 33 KOs), a big puncher from Argentina, lost a decision in a high-profile fight to unified junior welterweight champion Danny Garcia last September on the Mayweather-Canelo Alvarez undercard and bounced back to stop John Molina in the 11th round in April in a fantastic fight, one that is a leading fight of the year candidate.

Another Golden Boy exit

June, 17, 2014
Jun 17
The shakeup at Golden Boy Promotions continues.

Bruce Binkow, the chief operating officer and chief marketing officer, has also left the company. His last day was Friday. Whether he was fired or resigned, well, nobody is saying.

Binkow, who has been with the company since 2007, did not want to get into the details when contacted by ESPN.com, but did confirm that his last day was Friday.

Golden Boy also confirmed Binkow’s departure and offered ESPN.com a statement from spokesman Stefan Friedman.

“Golden Boy Promotions is solely focused on one goal -- giving fans the fights they want to see,” he said. “We are fully aware that some might have different aspirations, and we wish them well in their new endeavors. As for us, we will not relent until boxing's cold war is over and all promoters leave their egos at the door in favor of putting fans first."

Binkow, whose departure does not come as much of a surprise, is the second high-ranking company official to depart this month.

He was a close ally of Richard Schaefer, who resigned his position as chief executive officer on June 2 after months of internal battles with Oscar De La Hoya, the company co-founder, president and majority shareholder, over the direction of the company.

Nicole Becerra, Schaefer’s longtime executive assistant, also left the company in recent days.
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.

Jason Quigley signs with GBP

April, 29, 2014
Apr 29
Irish amateur standout Jason Quigley has signed with Golden Boy Promotions, the company announced on Tuesday.

"I'm absolutely delighted to have signed with Golden Boy Promotions," said Quigley, a 22-year-old middleweight. "I can't wait to have my first pro fight. This is an amazing opportunity and I will give it my all."

In 2013, Quigley became the first Irish fighter to win a silver medal at the AIBA World Amateur Boxing Championships. He won gold at the 2013 European Championships, among his other tournament victories. Many viewed him as a strong candidate to compete in the 2016 Olympics but he elected to sign a pro contract.

"Jason Quigley is part of the next generation of European boxers who are about to make their mark on the international stage, and we believe he has the skill and determination to go very far in the future," Golden Boy president Oscar De La Hoya said in announcing the signing. "It also doesn't hurt that he has the great nation of Ireland behind him, and I know they will support him wherever he goes."

The date of Quigley’s pro debut has not been set.

Purse bid for Lomachenko-Russell

April, 16, 2014
Apr 16
Given that featherweight Vasyl Lomachenko is promoted by Top Rank and Gary Russell Jr. works with Golden Boy (although he is not under contract), it is no surprise that the sides have not engaged in a negotiation for the vacant title bout they have been ordered to meet in.

With no deal in the works, the WBO has ordered a purse bid, which is scheduled to take place Friday at noon ET in Orlando, Fla., according to Top Rank vice president Carl Moretti. Orlando is the site of Top Rank’s UniMas-televised fight card Saturday night, and since the card includes a WBO regional title bout, organization officials as well as Top Rank personnel will be on hand.

Lomachenko (1-1, 1 KO), the two-time Olympic gold medalist from Ukraine, and manager Egis Klimas both say they are eager for the fight with Russell. Whether Russell (24-0, 14 KOs), a 2008 U.S. Olympian, and adviser Al Haymon are interested in the bout remains to be seen.

The title became vacant when Orlando Salido was stripped for not making weight for a March 1 defense against Lomachenko, who then lost a split decision to Salido, leaving the belt vacant.

“There are not a lot of expectations from either side [on making a deal], so the purse bid was called and we’ll see how it will unfold there,” Moretti said.

Golden Boy signs Herrera, Ochoa

February, 12, 2014
Feb 12
Golden Boy Promotions announced the signing of a pair of junior welterweights on Tuesday: veteran Mauricio Herrera and prospect Zachary Ochoa.

"We welcome these two exciting boxers to the Golden Boy Promotions team, and we have big plans for them in the coming years," Golden Boy chief executive Richard Schaefer said in making the announcement.

“Mauricio Herrera is one of the most underrated fighters in the sport, but he will get his chance to shine in March when he challenges Danny Garcia for the junior welterweight title. We've been watching Zachary Ochoa during our East Coast events, and he has a bright future in a talent-rich division."

Neither signing comes as much of a surprise. Herrera (20-3, 7 KOs) will challenge 140-pound champion Danny Garcia (27-0, 16 KOs) on March 15 (Showtime) in Puerto Rico. That fight was announced last week, and his signing goes along with getting the fight.

Herrera, 33, of Riverside, Calif., owns a 2011 points victory against Ruslan Provodnikov, who went on to win a junior welterweight world title in October. Herrera also lost a decision to former titlist Mike Alvarado in a hellacious battle that was a 2012 fight of the year candidate.

"Being from Southern California, Golden Boy Promotions has always had a big presence, and I'm happy to be on the company roster," Herrera said. “I've paid my dues over the years, and now it's time to get my world title and the big fights. Golden Boy Promotions will help me get those fights. The world title, that's up to me."

The 21-year-old Ochoa (6-0, 3 KOs), of Brooklyn, N.Y., has been a regular on Golden Boy’s recent cards at the Barclays Center in Brooklyn and his signing has been in the works.

"It's an honor for me to be a part of the best promotional company in boxing," Ochoa said. "I've been putting in a lot of hard work and I've made plenty of sacrifices over the years, never giving up the dream that one day I would get my chance to shine. That day is here, and I'm going to make the most of it."

Tomlinson inks deal with GBP

December, 26, 2013
Unbeaten Australian junior lightweight Will Tomlinson has signed a five-fight promotional deal with Golden Boy Promotions, the company announced on Wednesday.

Tomlinson (21-0-1, 12 KOs), 27, has fought all of his bouts in his home country, but signing with Golden Boy means he will begin boxing in the United States.

“Golden Boy is the big leagues of boxing, and I'm very excited to be a part of the team,” said Tomlinson, who has relocated to Los Angeles, where he will train. “I believe 2014 is going to be a big year for me, and with Golden Boy in my corner, the sky's the limit.”

Tomlinson has faced limited opposition, but he is coming off his most notable victory, a unanimous decision victory on May 16 against former junior lightweight titlist Malcolm Klassen of South Africa. Golden Boy chief executive Richard Schaefer believes Tomlinson is ready to raise his level of competition.

“Will Tomlinson has paid his dues on the Australian circuit and he's ready for the international stage. The fans here in the States will enjoy watching him fight for sure,” said Schaefer, adding that Tomlinson’s first fight with the company has not been scheduled yet.

As an amateur, Tomlinson made it to the 2007 world championships and then turned pro in July 2008.

What if NBA Finals were boxing?

June, 19, 2013
The Miami Heat’s epic win against the San Antonio Spurs in Game 6 of the NBA Finals in overtime on Tuesday night was as exciting as anything I’ve seen in sports in a long time. And it got me thinking -- what if the insanity that often prevails in the boxing business was extended to pro basketball?

If this Heat-Spurs series was boxing:

• There would be no deciding Game 7 because one team would refuse to take random drug tests and the other team would insist on taking most of the money.

• There would be no Game 7 because the Heat would be ordered face the last-place Orlando Magic instead.

• There would be no Game 7 because one team would sign with Top Rank and one team would go with Golden Boy.

• There would be no Game 7 because one team would want it on HBO and one would want to play on Showtime.

• It wouldn't matter who won Game 7 because some sanctioning organization would just give both teams titles, for a small sanctioning fee, of course.

• There would be a Game 7, but it would be on pay-per-view and cost fans $59.95 ($69.95 in HD).

• There would be a Game 7, but not until 2015, when the teams would make a deal to play it. Gotta let it marinate!

Mayweather-Guerrero in theaters

March, 26, 2013
Since 2009, the big pay-per-view cards that Golden Boy Promotions has put on have also been screened in movie theaters around the country, harkening back to the old days of closed circuit -- but with far superior sound and picture.

The feedback I have gotten from boxing fans about the experience of going to the movies to watch the fights has been universal praise. The price of a ticket (usually less than $20) is a lot cheaper than the pay-per-view and there is also the fun communal experience of watching the event with other boxing fans.

So it did not come as a surprise Tuesday when Golden Boy announced that it will work once again with NCM Fathom Events to distribute Floyd Mayweather Jr.’s welterweight title defense against Robert Guerrero on May 4 at the MGM Grand in Las Vegas to more than 400 theaters around the nation.

The movie theater showings of the card -- which also includes featherweight titleholder Daniel Ponce De Leon’s defense against Abner Mares -- will be the same as what viewers at home will see on Showtime PPV.

This will be Mayweather’s fifth consecutive fight to be screened in theaters.

"Watching Floyd Mayweather fight is a larger-than life experience and the opportunity for fans to see him on the big screen is truly extraordinary,” said Leonard Ellerbe, hype-master and CEO of Mayweather Promotions. “He has a tough test in Robert Guerrero, and we hope that fans take advantage of the opportunity to watch this amazing matchup with fellow boxing fans at movie theaters across the country.”

"Legendary Nights' returns

In 2003, HBO produced a popular and Sports Emmy-award winning 10-part documentary series called “Legendary Nights.” The 30-minute episodes told the stories of some of the networks’ most memorable fights in its first 30 years of boxing coverage, including such all-time classics as Sugar Ray Leonard-Thomas Hearns I, Aaron Pryor-Alexis Arguello I, Buster Douglas-Mike Tyson and the Riddick Bowe-Evander Holyfield trilogy.

For years, I (and countless fans) have called for more episodes. While we might not get another full slate, HBO on Tuesday announced it will produce a 60-minute "Legendary Nights" documentary that will take a look back at epic Arturo Gatti-Micky Ward trilogy. Gatti, who died in 2009 at age 37, won the second and third fights. They fought three consecutive fights over a 13-month period in 2002 and 2003. The documentary will air this fall, but no date was announced.

The show is set to mark this year’s 10th anniversary of Gatti-Ward III, the 2003 fight of the year. Gatti-Ward I was the 2002 fight of the year.

“With June 2013 marking the 10th anniversary of the third fight of the landmark Gatti vs. Ward trilogy, we believe now is the ideal moment to revisit this classic rivalry,” said HBO Sports president Ken Hershman, adding that it would debut on the night of a major fight.

The documentary will blend new interviews with fight action and previously unseen archival footage.

Golden Boy signs new arena deal

November, 21, 2012
Golden Boy Promotions will be bringing fights to South Florida under a deal with the BB&T Center in Sunrise, Fla.

Golden Boy and Sunrise Sports & Entertainment announced on Wednesday a deal under which Golden Boy will promote at least four boxing events in the arena each year. The length of the deal was not announced, nor was anything regarding the first event. Each fight card, they announced, will feature "a guest appearance by a boxing legend."

"At Golden Boy Promotions we are committed to bringing boxing to fight fans across the country and this new partnership is further proof of this," Golden Boy president Oscar De La Hoya said in a statement. "South Florida has traditionally been a hotbed for boxing and we are excited to have a new home.”

"We are thrilled and honored to partner with an incredible athlete and entrepreneur such as Oscar De La Hoya and Golden Boy Promotions," said Sunrise Sports and Entertainment president Michael R. Yormark. "We believe that together we can take live professional boxing to the next level in South Florida."

The arena is the home of the Florida Panthers of the NHL. It has hosted a boxing event before, when it was known as the BankAtlantic Center, when Andre Berto knocked out Carlos Quintana in the eighth round of a welterweight title defense that headlined an HBO card in April 2010.

This is the second major arena Golden Boy has made a deal with. It has a deal to be the exclusive promoter of boxing events at the new Barclays Center in Brooklyn, N.Y. That deal kicked off on Oct. 20 with a Showtime card headlined by the Danny Garcia-Erik Morales rematch.

Troubles behind, Gomez to return

October, 30, 2012
Frankie GomezCraig Bennett/FightWireImages.comUnbeaten junior welterweight Frankie Gomez looks to rebound from issues outside of the ring.
When junior welterweight Frankie Gomez signed with Golden Boy Promotions in February 2010, he was one of the most sought-after amateurs in the country.

He was 18 at the time, had won a 2009 U.S. national amateur championship and then won a silver medal in the 2009 AIBA World Boxing Championships -- not bad considering he was still a teenager and competing in his first open tournament.

Golden Boy's Oscar De La Hoya was thrilled to sign a kid with such huge potential, especially considering that Gomez was, like De La Hoya, from East Los Angeles and they shared the same Feb. 4 birthday.

Fast-forward nearly three years later and Gomez (12-0, 9 KOs), although still unbeaten, has been anything but a breakout prospect, especially when you consider the hundreds of thousands of dollars Golden Boy has invested in him.

Gomez has had several uninspired performances, had problems with his conditioning and has shown a lack of dedication, which was so bad that at one point he got a stern dressing down from Golden Boy CEO Richard Schaefer during a meeting in his office.

It got worse in January when Gomez wound up in Los Angeles County Jail after being arrested for an outstanding warrant. I'm not sure what the original offense was, but Gomez clearly was not in the gym working at his craft.
He has not fought since last December because of the problems, but they are supposedly straightened out.

Gomez, now 20, has been training for months at Freddie Roach's Wild Card Gym in Hollywood, Calif., and is finally set to fight again.

Gomez will face Manuel Leyva (21-8, 12 KOs) in the scheduled eight-round welterweight main event of the "Solo Boxeo Tecate" card on Saturday night (Telefutura, 11 ET/PT) at the Phoenix Club in Anaheim, Calif., Golden Boy announced.

Leyva, a southpaw who has lost seven of his last eight fights (including three in a row by knockout), is supposed to be easy pickings but is a reasonable enough opponent for a guy who has not fought in nearly a year.

Also on the card, 22-year-old lightweight prospect Jamie Kavanagh (11-0-1, 5 KOs), another Roach fighter, faces Ramon Valadez (11-2, 6 KOs), also 22, in a scheduled eight-rounder.

Arum doesn't put blame on Cotto

October, 10, 2012

Manny Pacquiao's first choice for his Dec. 8 HBO PPV fight was a rematch with Miguel Cotto but, as we all know by now, Cotto turned down Top Rank's offer and instead will challenge junior middleweight titlist Austin Trout on Dec. 1 (Showtime) at New York's Madison Square Garden.

Cotto will make much less for the Trout fight compared to what he could have earned against Pacquiao, but Cotto told me in an interview last week that he felt disrespected by Top Rank's offer, the same $6.5 million (plus pay-per-view upside) he was offered for his first fight with Pacquiao in 2009.

In addition, Cotto refused to fight at a catchweight of 150 pounds. If Pacquiao wanted the fight, Cotto said it would have to be at a maximum of 154, the junior middleweight limit where he had been fighting for the past few years.

Top Rank's Bob Arum had previously said that he offered Cotto $13 million for the Pacquiao rematch. That's a big difference between the two sides understanding of the supposed deal. Arum called me and said he had read Cotto's comments about the offer and his reasons for rejecting the Pacquiao rematch. He wanted to further explain the offer he said he made.

"No. 1, I never once talked to Cotto about the fight with Pacquiao," Arum said. "I talked to [Cotto attorney and adviser] Gaby [Penagaricano] and he was supposed to relay everything to Miguel. So now the first thing I establish was is Miguel amenable to 150 pounds? And the word came back that if we could agree on the [financial] numbers, he would agree to 150.

"Then we started talking about a proposal and, in essence, I offered him a deal based on the last fight that he had done with Pacquiao, where he wound up making like $12 million after all of the pay-per-view money. And then we further negotiated that he would make another million dollars more, so we loaded up a deal where I guaranteed $9 million plus an upside that would have gotten him to $13 million if the fight had done the same [PPV] number as the first fight [which was about 1.15 million buys]. And then we figured out that if we were able to raise that number by a couple of hundred thousand homes, which was not out of the question, that he would then make about $15 million."

Arum said he wanted to make it clear that he did not blame Cotto for the deal falling apart. He placed the blame on Penagaricano, whom he said must not have given Cotto all of the facts of the offer.

"I think Cotto is an honest guy, totally honest; I think Gaby was playing games," Arum said. "I think Gaby wanted to do the Garden thing because it would be his entree into what he considered big-time promotion. I think that's what happened. I don't trust Penagaricano. I think he has another agenda. I trust Miguel."

Cotto's promotional company is spearheading the promotion of the Trout fight with assistance from Golden Boy Promotions, which promoted Cotto's May fight against Floyd Mayweather Jr. That was the first fight of Cotto's career without Top Rank as his promoter.

Penagaricano denied Arum's charge.

"It's not true," he said. "As I have always done for the last seven or eight years in Miguel's career, I conveyed to my client every single piece of information I got from Top Rank about a potential Pacquiao fight and it was ultimately Miguel's decision not to take it.

"I think what Bob doesn't understand is the position Miguel is in. Normally any fighter would jump at the possibility of fighting Mayweather or Pacquiao. It's a lot of money. But Miguel is in a different position. He can make a lot of money fighting other people as well. He can constantly say no to a Pacquiao or Mayweather if the deal is not structured how he wants it."

Golden Boy joins cancer fight

October, 5, 2012
Oscar De La Hoya lost his mother, Cecilia, to breast cancer not long before he won the Olympic gold medal in 1992 in her memory.

His run to Olympic gold to fulfill her dream was a big part of De La Hoya's story and helped him connect to so many boxing fans.

[+] EnlargeGolden Boy's pink logo for breast cancer awareness
Golden Boy PromotionsTo raise awareness for breast cancer in the month of October, Golden Boy has created a new logo.
For years, De La Hoya has supported breast cancer research and even financed the Cecilia Gonzalez De La Hoya Cancer Center at White Memorial Hospital in Los Angeles.

Bernard Hopkins, partner in De La Hoya's Golden Boy Promotions, also lost his mother, Shirley, to the disease.

To raise breast cancer awareness in October -- which is Breast Cancer Awareness Month -- Golden Boy Promotions created a new logo which will be used throughout the month to let the world know that one of the biggest fights going on right now is against the disease.

"There is no more important fight for me than doing what I can to increase breast cancer awareness and knocking out this horrible disease," De La Hoya said. "All month, our logo will be pink as a reminder of this ongoing fight. I encourage all boxing fans to do what they can to learn about breast cancer and support the search for a cure, as this is a disease that has affected so many and could affect us all."

For more information on the breast cancer early detection program at the Cecilia Gonzalez De La Hoya Cancer Center visit: http://www.whitememorial.com/medical-services/breast-cancer-early-detection-program.