Bob Arum

Schaefer Looking to Get 1.7 to 1.8 Million PPV Buys from Mayweather-Ortiz Highly Unlikely

Funny thing about promoters is that they would normally overdo their math just to tell people that their client is interesting. This is simply what Richard Schaefer has done before the rather disappointing fight between Floyd Mayweather and Victor Ortiz that ended up in the most bizarre way possible.

Schaefer, head promoter of Golden Boy Promotions and the fight, claimed that they were expecting to get 1.7 to 1.8 million PPV buys for the fight. However, if the gate sales are any indication, they may be getting a lot lower than what Schaefer is expecting to get after the fight.

It was reported that even with a powerhouse lineup, with Erik Morales and Saul Canelo Alvarez in the undercard, the event failed to draw people into buying tickets and was not able to sell the place out. There were certainly empty seats for the said event, even though the price of the ticket was lowered down a week before the fight. Continue reading

Will the World Ever See a Mayweather-Pacquiao Fight?

Floyd Mayweather Jr is facing Victor Ortiz on Saturday, September 17, and this is his first fight in a very long time, but his confidence, as always, is simply off the roof. While Ortiz is no pushover and is currently the champion, many thought and still are thinking that he did this in preparation for a fight that everyone wants to see.

Ortiz is a southpaw fighter with great punching power. This is something similar to the current world’s number one pound-for-pound fighter Manny Pacquiao. Everyone, including Freddie Roach and Pac-Man himself, thinks he did this to prepare himself for a showdown against his rival Pacquiao.

Pacquiao is of course scheduled to fight his long time nemesis Juan Manuel Marquez in November, which was the first one to be announced than the Mayweather-Ortiz fight. Both Pacquiao and Mayweather are going to be inside the MGM Grand in Las Vegas, but much to the dismay of all boxing fans, the two are entering the arena in two separate dates. Continue reading

Gesta Already on a Title Hunt

After his dominating win over Mexican fighter Jorge “El Tigre” Pimentel, Mercito “No Mercy” Gesta has become a hot commodity for Top Rank. It was his first match and first win under the promotion, and Arum was easily swept away by the young fighter’s intensity in the ring.

The fight between the two boxers was stopped after Gesta delivered a destructive right uppercut that dropped Pimentel on the canvass. After the said knockdown, the referee immediately stepped in and called for the end of the match at 2:33 in the third round.

Bob Arum believes that Gesta will be the next superstar from the Philippines after the eight division champion Manny Pacquiao. He is already looking for a viable opponent for the Cebuano fighter and wants him to fight in the undercard of the Cotto-Margarito showdown on December 3. Continue reading