NO GUARANTEES FOR DE LA HOYA.Byline: ROBERT MORALES Boxing Sitting on the dais inside the Hollywood Theater at MGM MGM in full Metro-Goldwyn-Mayer, Inc. U.S. corporation and film studio. It was formed when the film distributor Marcus Loew, who bought Metro Pictures in 1920, merged it with the Goldwyn production company in 1924 and with Louis B. Mayer Pictures in 1925. Grand in Las Vegas on Saturday, Oscar De La Hoya's smile suddenly turned upside down. Was he leaving Bob Arum and Top Rank Inc. because Arum arum, common name for the Araceae, a plant family mainly composed of species of herbaceous terrestrial and epiphytic plants found in moist to wet habitats of the tropics and subtropics; some are native to temperate zones. believes that De La Hoya's marketability as a fighter is in question for the first time? ``No, not at all, not at all,'' De La Hoya said. He went on to say that his company, Golden Boy Promotions Golden Boy Promotions, Inc. is a boxing promotional firm started by former world champion in six weight divisions, Oscar de la Hoya, whose nickname is The Golden Boy. Superstars Bernard Hopkins and Shane Mosley have also joined the firm. , was all grown up and that he is ready to promote himself. ``I want to make one thing clear,'' De La Hoya said. ``Golden Boy Promotions will be my promoter. I can now say that I will no longer work with Top Rank. Bob Arum is a great guy, and we have made each other a lot of money. ``I have nothing bad to say about him. But Golden Boy Promotions will be on its own.'' Arum didn't have anything terribly bad to say about De La Hoya in an interview Sunday with the Daily News, but there weren't many positive vibrations, either. The bottom line, Arum said, is that De La Hoya left Top Rank because Arum no longer would give De La Hoya the huge guaranteed purses De La Hoya was accustomed to receiving. ``I told Richard Schaefer that I was no longer going to guarantee, like I had been doing, any of Oscar's fights because of the erosion of Oscar's pay-per-view numbers,'' Arum said. Schaefer is CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Golden Boy Promotions. ``And that's because of the disappointment with Oscar's performance with Felix Sturm, when he came in out of shape. Also, there is the fact that so many people thought Oscar quit on (Bernard) Hopkins. ``Not that I'm saying that, but I'm sure you've heard that. There is just no basis to make any more guarantees.'' De La Hoya moved up to the middleweight division in June and won a narrow, if undeserving, decision over Sturm. He indeed was well out of shape and had a puffy face. De La Hoya then was knocked out by Hopkins in the ninth round with a liver punch last September. De La Hoya's fight with Felix Trinidad Jr. in September 1999 did 1.4 million pay-per-view buys, most for a non-heavyweight fight. De La Hoya also helped sell 950,000 buys for his second fight with ``Sugar'' Shane Mosley in September 2003, about what was expected. So when the De La Hoya-Hopkins fight was made, Arum was expecting it to at least do what De La Hoya-Trinidad did. After all, Hopkins is one of the greatest middleweights in history. But it sold only 950,000. ``Instead of promoting the Hopkins fight, I spent so much of my time, unfortunately, spinning the excuses for Oscar's performance against Sturm,'' Arum said. ``I just think that was inexcusable, the shape he came in. ``Couple that with the fact that he has only won one major fight the past six years, and it is just not the same attraction as it had been.'' To be fair, De La Hoya has won two major fights the past six years - against Ike Quartey in February 1999 and Fernando Vargas in September 2002. Arum said the pay-per-view numbers for Hopkins-De La Hoya show there was a 20 percent drop-off in Hispanic households from De La Hoya's second fight with Mosley. He said only improved numbers in urban areas on the East Coast allowed the fight to do as much business as it did. (Hopkins is from Philadelphia.) --De La Hoya, Hopkins team up: De La Hoya, Hopkins and Schaefer were on hand to announce that Hopkins had signed a promotional contract with Golden Boy Promotions, and that Hopkins has been made a partner in Golden Boy and is president of its East Coast operation. De La Hoya said it was Hopkins' idea for the two to join forces. ``Bernard approached me after we fought,'' De La Hoya said. ``He told me, `We have to talk.' The partnership, the promoting him, that just all came together. ``We both thought it was something we had to do. Promoting Hopkins is one thing, but being partners and trying to change the sport of boxing, that's another animal. That is why it was very important to team up.'' --Arum turned down Hopkins: As of a week ago Sunday, Arum said there was still a chance he would sign to promote Hopkins' next fight, which could be against Howard Eastman. But Hopkins, Arum said, priced himself out of the deal. Arum said Hopkins' lawyer, Arnold Joseph, asked for $5 million for the Eastman bout, plus a $1 million signing bonus. Arum said he'd lose $1.5 million in such a deal. FIGHT SCHEDULE Wednesday --At Avalon Hotel, Erie, Pa.: Brian Minto, Butler, Pa., vs. Tipton Walker, Benton Harbor, Mich., 10, heavyweights. Saturday --At MGM Grand Garden Arena MGM Grand Garden Arena is located in the MGM Grand in Las Vegas, Nevada, and is patterned after New York's Madison Square Garden. The arena has a seating capacity of 17,157 people and is located at 3799 Las Vegas Boulevard South. , Las Vegas (PPV Positive predictive value (PPV) The probability that a person with a positive test result has, or will get, the disease. Mentioned in: Genetic Testing PPV porcine parvovirus. PPV Positive-pressure ventilation ): Erik Morales, Mexico, vs. Marco Antonio Barrera Marco Antonio Barrera Tapia (born January 17, 1974 in Mexico City) is a Mexican professional boxer. He is a former world champion at WBO Super Bantamweight (122 lb), IBO / WBC Featherweight (126 lb), WBC Super Featherweight (130 lb) and IBF Junior Lightweight (130 lb) divisions. , Mexico, 12, for Morales' world super featherweight title; Rafael Marquez, Mexico, vs. Mauricio Pastrana, Colombia, 12, for Marquez's IBF IBF See: International Banking Facility bantamweight ban·tam·weight n. 1. A weight division in professional boxing having an upper limit of 118 pounds (53.1 kilograms), between junior bantamweight and junior flyweight. 2. A boxer competing in this weight division. 3. title; Oscar Larios, Mexico, vs. Nedal Hussein, Australia, 12, for Larios' WBC WBC white blood cell; see leukocyte. WBC abbr. white blood cell WBC, n stands for white blood cell. super bantamweight title; Ivan Calderon, Puerto Rico, vs. Carlos Fajardo, Nicaragua, 12, for Calderon's WBO WBO World Boxing Organization WBO Western Buddhist Order WBO Wehrbeschwerdeordnung WBO World Bamboo Organization (formerly International Bamboo Association) WBO Won by One (Malibu, California; a cappella group) mini flyweight fly·weight n. 1. a. A weight division in professional boxing having an upper limit of 112 pounds (50.4 kilograms), between junior flyweight and junior bantamweight. b. A boxer competing in this weight division. title. CAPTION(S): photo, box Photo: Oscar De La Hoya Oscar de la Hoya (IPA pronunciation: [ˈɑs.kɛɹ dɛ.lɑ.ˈhɔɪ.jɑ][1]) (born February 4, 1973) — nicknamed the Golden Boy , with his wife, Millie Corretjer, will promote his own fights after parting company with Bob Arum and Top Rank Inc. Damian Dovarganes/Associated Press Box: FIGHT SCHEDULE (see text) |
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