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a Air Jordan Grey And Green few days before De La Hoya's induction on Sunday into the International Boxing Hall of Fame.

10 years with Golden Boy, it is time to move on to the next chapter of my career," Schaefer said in a statement earlier Monday. "This decision has required a great deal of personal reflection, but ultimately I concluded that I have no choice but to leave. I have succeeded in banking and I have succeeded in boxing, and I look forward to the next opportunity. "I am proud to remain a shareholder, so I have a strong interest in the continued success of the company. I am proud of what we have accomplished at Golden Boy, but I now look forward to new challenges. "Under Schaefer's guidance, Golden Boy became a powerhouse.

Schaefer was the point person in multiple record breaking promotions, developed close relationshi.

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We've had a very close relationship for a number of years and worked hand in hand on a number of great fights. "Mayweather Promotions will continue to promote Floyd's fights and Floyd will continue to put on the biggest fights in boxing. I have a tremendous team and staff and we continue to expand year by year and we're ready to go. "Golden Boy Promotions had no comment. Schaefer, the former Swiss banker who co founded Golden Boy Promotions with close friend De La Hoya in 2002, has served as its only CEO. Hisexit from the company was not unexpected, given the public issues between Schaefer Air Jordan Future Black And Gold

and De La Hoya over the past few months, but the timing was a bit surprising Air Jordan 11

ion, returns for his next fight on Sept. When asked if Mayweather would work with Golden Boy again without Schaefer, Ellerbe said, "Absolutely not. "That is a big hit worth millions of dollars to De La Hoya's company. "We have a great working relationship with Richard Schaefer and that will never change," Ellerbe said. "Richard is a good friend and a great businessman and an excellent promoter. Richard will have an impact in anything that he decides to do, a tremendous impact. He built that company from the ground up and did a phenomenal job.