Richard Schaefer returns


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Richard Schaefer returns to fight game, founds Ringstar Sports

Richard Schaefer, the former longtime CEO of Golden Boy Promotions who left after a nasty breakup with close friend, business partner and majority shareholder Oscar De La Hoya in June 2014, is returning to the boxing promotional business two years later.

Schaefer has founded Ringstar Sports and plans to promote his first event late this summer, he told ESPN on Wednesday.

Schaefer said he has already been licensed in New York, Texas and California with a license application working its way through the process in Nevada. The Nevada State Athletic Commission told ESPN his application is being reviewed.

"I'm very excited to be back," Schaefer said.

 

Source: ESPN

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