Oscar De La Hoya is the world's most popular boxer, but unlike so many boxers who have blown their millions, De La Hoya has built his boxing career into a business empire.But as De La Hoya prepares for his December 6 fight with Manny Pacquiao, is there a concern that working as the fight's promoter in his role as the head of Golden Boy Promotions could distract him from his preparations?
I asked De La Hoya that today, and he said that when he's training for a fight, there's no question of how he balances his responsibilities: He's concerned about what he does in the ring, period.
"When I become the fighter I become a full-time fighter, 100 percent," De La Hoya said. "Once in a while my partner Richard Schaefer will come up and ask me a question about how I think we should promote something, but I have all the confidence in the world in my team at Golden Boy Promotions. It's no distraction whatsoever. Big Bear isn't far from my office in Downtown L.A., but I'm focusing only on Manny Pacquiao."
De La Hoya added that there was a time, early in his boxing career, when he might not have been able to manage his time so well: "If I would have started Golden Boy 10 years ago it would have been a huge distraction," he said.
But De La Hoya said that's no longer the case.
I asked De La Hoya if there are any athletes he's tried to emulate in terms of their business acumen, and I thought he might name Michael Jordan or Magic Johnson. But he said his role models as athlete/businessmen are the people who have shown him what not to do -- the boxers who have made millions in their primes only to live in poverty in retirement.
"I've looked at the negatives, not the positives," De La Hoya said. "I've looked at how they mis-managed their careers, how they didn't have a strong team around them. I looked at how they mis-managed their money, and that's how I've been able to establish myself. I've avoided the mistakes of other athletes."
De La Hoya has made well over $100 million in his boxing career. Avoiding those mistakes may mean he'll make even more in retirement.
















Reader Comments (Page 1 of 1)
11-17-2008 @ 9:14PM
eddie said...
Oscar is just not helping boxing sport alive with his fights on the ring but also helping upcoming boxers with his Golden Boy Promotions.He could have retired with the millions he had made but for the love of boxing.
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11-19-2008 @ 12:27AM
George said...
ODLH is a good person indeed and no matter what other people say he will be remembered by many.
Reply
11-18-2008 @ 12:45AM
bobby Eguia said...
for me de la hoya its good fighter and i think de la hoya its good people like me . thats why i`m full suport of your fight idol.. and all time fans of you.. good luck idol
Reply
11-18-2008 @ 1:34PM
rogelio de la rosa said...
he is a good fighter, no doubt abt that but, he's old & he's no match to manny pacquiao's speed & endurance. . . .he should have retired so that his record will not be affected by another loss on the 6ht of december, sorry for u oscar. . .
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