Did the feud between Floyd Mayweather and Gervonta Davis see its first sufferer? Unlikely, however who’s the sufferer? Properly, it’s none aside from Leonard Ellerbe, the now-former CEO of Mayweather Promotions. ‘Money’ Mayweather formally introduced Ellerbe’s exit on Instagram on Thursday and now, his position within the firm has been taken up by Golden Boy Promotions’ former CEO Richard Schaefer.
Whereas there have been rumors of the identical taking place, the replace got here as a little bit of a shock for all! Ellerbe has been Floyd Mayweather’s shut confidante ever for the reason that latter’s early boxing profession, however issues appear to have modified as Mayweather Promotions have relatively fallen off in recent times. Amid all this, Floyd’s uncle Jeff Mayweather has make clear how Ellerbe dealt with the tumultuous relationship between Davis and Mayweather.
Leonard Ellerbe didn’t need to choose sides in Mayweather – Gervonta Davis beef
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Chatting with Jeff Mayweather, the reporter from ‘The Mayweather Channel’ probed him about Ellerbe, asking how the previous CEO handled Floyd and Davis’ beef. It’s value mentioning that regardless of the disagreements between Floyd and Davis through the years, Ellerbe has all the time praised Davis and what he has managed to perform in his profession.
Whereas, Mayweather has usually taken sly digs at Davis for the reason that boxer parted methods together with his promotion. Issues had gotten so dangerous that Davis had even began rumors about Floyd being caught in Dubai, because the duo brazenly began beefing on social media platforms. So, in response to the query, Jeff acknowledged that it was certainly extraordinarily powerful for Ellerbe to cope with the scenario. Nonetheless, he highlighted, “A lot of times friends want you to pick sides.”
But, it appears Ellerbe opted to be good together with his actions, as Jeff described, “But I mean, Leonard is smart enough not to pick sides and he just kept in business.” Within the meantime, Schaefer has mirrored on taking over Ellerbe’s previous spot!
Richard Schaefer shares mutual respect with Floyd Mayweather
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Schaefer, a Swiss nationwide who began his profession within the banking sector, labored with Oscar De La Hoya and Golden Promotions from 2000 to 2016 and went on to start out boxing promotions Ringstar Sports activities and Probellum with combined outcomes. Nonetheless, since he has promoted some nice pay-per-view fights with Mayweather, he took the job whereas being within the good books of the previous five-division champion.
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In response to a dialog with Boxing Scene, Schaefer stated on Thursday, “Floyd and [I] have been friends for a long time, and we have obviously had great success.” Praising Floyd’s recognition and international attain, Schaefer stated, “He really is a brand”, and hopes to make use of his enterprise acumen and Floyd’s attain to take the corporate to new heights, “Within boxing and outside of boxing as well.”
With that stated, Leonard Ellerbe may not have left due to the feud between Floyd Mayweather and Gervonta Davis, however one can’t assist questioning whether or not it performed a key half in his departure. What do you suppose?