I guess Richard Schaefer can slide to the back and help build Mayweather promotions silently, because per Chris Mannix, Schaefer can’t promote a boxing match for up to two-years per his settled lawsuit with Oscar De La Hoya.
GBP has also reached a settlement with former CEO Richard Schaefer, per sources. Schaefer cannot promote fights for period between 1-2 years
— Chris Mannix (@SIChrisMannix) January 10, 2015