Dsalita There seems to be some drama unfolding at Mayweather Promotions, as a surprising announcement has been made on Floyd Mayweather’s Instagram page. Richard Schaefer, once associated with Golden Boy Promotions, is now the new CEO of Mayweather Promotions, taking over from Leonard Ellerbe who has decided to step down.
The post expressed gratitude towards Ellerbe for his dedication and leadership over the years, acknowledging his contribution to the success of the company. Despite Ellerbe’s departure to spend more time with family, Mayweather Promotions is looking ahead to a new partnership with Schaefer. The plan is to establish a Mayweather Headquarters in Los Angeles and expand the company’s global presence, supporting fighters worldwide.
This development comes amidst uncertainty surrounding this weekend’s fight between Gervonta Davis and Frank Martin, with Davis expressing frustration on social media. The reasons behind the shake-up at Mayweather Promotions remain unclear, as Ellerbe was recently representing the company at a press event. More information will be provided as the situation unfolds.
