Are the golden days of Floyd Mayweather‘s Mayweather Promotions now over? Will Mayweather Promotions no longer produce eye-catching fights? Well, these are some of the questions fans are dealing with following Leonard Ellerbe‘s exit as the CEO of Mayweather Promotions. Given Ellerbe’s dedication and close ties with Floyd, Mayweather Promotions prospered and promoted some of the finest talents in the sport, one of them being Gervonta ‘Tank’ Davis. However, now that ‘Tank’ and Ellerbe have left, Jeff Mayweather, Floyd’s Uncle shed light on a complaint coming from the young fighters belonging to MP.

After Leonard Ellerbe, who worked with the company for years, made a “decision to step down“, Floyd Mayweather lauded Leonard’s “exceptional leadership and unwavering dedication” that nurtured MP. But, at the same time, he proudly announced MP was joining forces with finance expert Richard Schaefer to assure the fans Ellerbe’s decision would not affect his company.

However, Gervonta Davis, the biggest star MP once promoted, publicly abused Floyd Mayweather and forbade young fighters to sign with ‘Money’. “If you sign with this fraud..he will fu** up ya career…he’s not a good businessman at all,” wrote ‘Tank’. In this context, as Jeff Mayweather, trainer at MP, was told that MP lacked the prominence it once enjoyed. He said young boxers were not receiving fights.

“I start hearing a lot of young fighters saying that they are not getting fights. And who’s to blame for that? I have no idea,” said Jeff Mayweather with worried eyes. “So basically, if you’re not getting work, you got to do something.”

However, Jeff Mayweather felt the link-up with Richard Schaefer was indeed a good move.

Jeff Mayweather appreciates Floyd Mayweather bringing in “good fit” Richard Schaefer

Was Leonard Ellerbe unwilling to work alongside Richard Schaefer at MP? No one knows. However, one must not overlook that Leonard Ellerbe’s departure coincides with Richard Schaefer’s arrival as the new CEO. At this, while many suspect Ellerbe’s departure will negatively harm Mayweather, Jeff has his faith in Schaefer, the former CEO of Golden Boy Promotions. So, Jeff said, “I think with Schaefer was a good move.”

“I mean he’s very experienced. He was involved in one of the biggest fights. And that’s Floyd and De La Hoya,” Jeff Mayweather added hopefully. “He used to work with De La Hoya. So, I think that would be a good fit.”

With that said, do you think Leonard Ellerbe’s exit will harm Mayweather Promotions? In addition, what do you make of young fighters not getting fights under Floyd? Share your thoughts with us in the comments below.