http://www.digitaljournal.com/sports/pubic-awaits-great-boxing-matches-as-gbp-settles-rift-with-arum/article/387556

Public awaits great boxing matches as GBP settles rift with Arum

Posted Jun 24, 2014 by Leo Reyes
One of the great boxing matches happening this year other than the Sept. 13 ring return of Floyd Mayweather and the Nov. 22 scheduled fight of Manny Pacquiao, is a possible middleweight clash between Puerto Rican Miguel Cotto and Canelo Alvarez of Mexico.
Juan Manuel Marquez  Bob Arum and Timothy Bradley at the Mike Alvarado vs Brandon Rios fight.
Juan Manuel Marquez, Bob Arum and Timothy Bradley at the Mike Alvarado vs Brandon Rios fight.
Chris Farina - Top Rank
Alvarez is currently under contract with Oscar de la Hoya's Golden Boy Promotions (GBP) and every boxing fan knows that Bob Arum's Top Rank Promotions (TR) has a long-running feud with GBP which prevents fighters from the two rival promotions companies from fighting each other.
But shortly after the resignation of Richard Schaefer as Chief Executive Officer of GBP last month, Arum announced that he met with GBP owner Oscar de la Hoya to renew their ties and to work together for the good of the sport.
"It was a very emotional meeting. We hugged each other. Oscar meant a lot to me, and I meant a lot to him. We had a helluva ride together. It was the right thing to do." Arum said.
Top Rank and GBP are the two top boxing promotions companies in the world in terms of revenue and popularity and if they can work together and allow their respective contract fighters to face each other in the ring, they would be doing the industry a big push.
Boxing has been declining in popularity for years because of intense business rivalry between TR and GBP. Now that their leaders are working together again with commitment to save the dying sport, fans can look forward to watching competitive fights again.
GBP has a good number of fighters who are presently torn between two warring factions as a result of the recent resignation of Richard Schaefer, the former CEO of GBP.
Schaefer is reportedly planning an alliance with Floyd Mayweather's adviser Al Haymon, who holds rights over many of the GBP fighters.
One of the GBP fighters who has demonstrated his loyalty to dela Hoya in the wake of the Schaefer's resignation is Canelo Alvarez of Mexico, who recently fought Mayweather but lost via a majority decision.
Boxer Santos Saúl Álvarez Barragán
Boxer Santos Saúl Álvarez Barragán
Wikimedia
Alvarez is set to clash with Erislandy Lara on July 12 at the MGM Grand Garden Hotel in Las Vegas, Nevada. If he wins, he could emerge as one of the top choices in the shortlist for Cotto's next fight.
GBP has a pool of fighters that can be tapped to face TR's own marquee fighters once de la Hoya comes up with the official and updated list of GBP fighters.
Top fighters of GBP other than Alvarez include among others, Floyd Mayweather, Jr. Devon Alexander, Alfredo Angulo, Adrien Bronner, Luis Collazo, Danny Garcia, Robert Guerrero, Bernard Hopkins, Abner Mares, Lucas Mathysse, Eric Morales, Victor Ortiz, Lamont Peterson, Leo Sta. Cruz and Keith Thurman.
Top Rank's marquee fighters include Manny Pacquiao, Timothy Bradley, Juan Manuel Marquez, Miguel Cotto, Mike Alvarado, Brandon Rios, Nonito Donaire, Julio Cesar Chavez, Vic Darchinyan, Carlos Abregu, Jorge Arce, Mickey Garcia, Vasyl Lomachenko, Guillermo Rigondeaux, Brian Viloria and Zou Shiming, among others.