Oscar De La Hoya Reveals the Truth About Selling Golden Boy Promotions

Oscar De La Hoya is one of the biggest names in the world of boxing. In 1992, the fighter made his professional boxing debut, winning his first fight by TKO in the first round. He had a fantastic boxing career and was one of the best fighters in the world during his heyday. He is currently a well-known boxing promoter who runs his own company, Golden Boy Promotions.

While talking to ‘FightHype.com‘, the promoter mentioned something about selling his company. He said, “We are sitting on gold and I’ve never been one to shy away from a great offer. So, you know there’s several people who actually wanna buy my company and you know I’m gonna think it over, but I love the sport too much, so we’ll see what happens.”

DIVE DEEPER: “I Wanna Say This Exclusively” – Oscar De La Hoya Expresses Desire to Work Alongside Rivals Floyd Mayweather and UFC President Dana White

“We’re sitting on gold,” De La Hoya claimed, implying that the corporation is a money-making machine. He also stated that if a fair offer comes along, he may consider selling the company. Let’s see whether the American boxing legend sticks to his word.

Oscar De La Hoya and his illustrious career

‘The Golden Boy of Boxing’ is one of the wealthiest people in the sport. He had a successful boxing career that brought him notoriety and millions of dollars. His boxing career lasted from 1992 to 2008, and he won a total of ten world titles throughout that time.

Furthermore, he launched his own boxing promotion firm, ‘Golden Boy Promotions’ in 2002. He became the first Hispanic to launch the first promotion company in the sport. Currently, the company is his primary source of revenue, allowing him to live a luxury lifestyle.

Moreover, the firm marketed De La Hoya’s world-record-breaking ‘super fight’ against Floyd Mayweather Jr. It is regarded as a highly lucrative fight that garnered 2.4 million PPV sales.

Golden Boy Promotions represents some of the most well-known boxers of our time. Canelo Alvarez, Ryan Garcia, and Amir Khan are just a few of the company’s major names. Unfortunately, the firm’s main moneymaker, Alvarez, quit owing to a disagreement with De La Hoya.

WATCH THIS STORY: Top 5 Fights on Which Boxing Fans Would Pay Anything to Watch

Currently, the Mexican king, Canelo Alvarez is associated with Matchroom Boxing owned by Eddie Hearn. What are your views on De La Hoya selling his promotions company? Write it in the comments section below.