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Floyd Mayweather has introduced through his Instagram account that Leonard Ellerbe has resigned as CEO of Mayweather Promotions. The publish from Mayweather publicizes that Ellerbe will go away his function, with rapid impact with former Golden Boy Promotions CEO Richard Schaefer taking on the function.
Massive Change Introduced at Mayweather Promotions
Leonard Ellerbe Leaves Mayweather Promotions
The announcement from Mayweather defined how Ellerbe can be exiting his function from the organisation with rapid impact. The assertion learn:
“Mayweather Promotions wish to prolong our deepest gratitude to Leonard Ellerbe for his distinctive management and unwavering dedication through the years,” the Instagram publish learn. “Leonard has been an integral a part of our staff, contributing to quite a few enterprise endeavours which have performed a pivotal function within the success of Mayweather Promotions.
Learn Extra: Floyd Mayweather vs. Oscar De La Hoya: Reliving the Epic Showdown 17 Years Later
“After years of laborious work and dedication, Leonard has made the heartfelt choice to step down as CEO to spend extra time along with his household and family members. We’ve the utmost respect for his choice and are extremely grateful for his management that has helped form Mayweather Promotions into the thriving group it’s at this time.”
Richard Schaefer Joins
The information of Ellerbe’s departure got here as considerably of a shock, however Schaefer was concerned within the promotion of a few of Fairly Boy’s greatest fights, thus making him a smart alternative. He was an integral a part of Golden Boy from 2000 to 2016 and went on to launch Ringstar Sports activities and Probellum.
Schaefer spoke to BoxingScene in regards to the deal: “He’s a worldwide icon, he’s a worldwide model.” He continued: “Floyd and me have been pals for a very long time, and now we have clearly had nice success.”
Learn Extra: Five Most Memorable Floyd Mayweather Fights
He added: “I used to be very lucky to advertise a lot of his greatest fights, breaking pay-per-view data, and there was all the time a mutual respect between the 2 of us.”
Schaefer went on to clarify his pleasure for the longer term: “I’m enthusiastic about it, to do it with Floyd,” Schaefer mentioned. “I’m very excited as properly about the place boxing is heading. I believe a yr in the past we had been at a crossroads. It seemed fairly bleak, let’s be sincere. Now, with His Excellency Turki Alalshikh coming in, placing these nice fights collectively – fights we actually wouldn’t have seen in any other case – he not solely continues to offer these top-level fighters alternatives, however what he does as properly, which is simply as essential, if no more essential, is he elevates the game of boxing. He brings in a brand new fan base to the game.”
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