Floyd Mayweather Jr. seems to be having no problems when it comes to boosting his own financial pockets with reports of him recently creating his own law firm and investing in a supplement company having reached the newsfeeds over the past few weeks, but any reports of the status of his own fighters remain radio silent.
The lack of news on the front of Mayweather’s promotion, acutely named Mayweather Promotions, lays out a continuing trend of a promotional company that has fallen from grace and is refusing to uplift itself.
The past few years has seen several fighters desert from Mayweather Promotions after an absence of relevant fights to not only sustain their careers but lift them. Most prominently, Jalil Hackett ― who moved to Matchroom in 2024 ― and Richardson Hitchins [currently a free agent after a stint with Matchroom] count as some of the promotion’s most pivotal losses following the departure of US superstar Gervonta Davis in 2022.
Notably, 22-year old Hackett is still a budding prospect at super welterweight (154 lbs) with world champion potential while Hitchins achieved a significant breakthrough of his career last year after defeating then-IBF super lightweight (140 lbs) champion Liam Paro to become the new IBF champion.
As a promotion, Mayweather Promotions has rarely hosted its own shows, usually featuring its fighters on a Premier Boxing Champions (PBC) show but it was expected to be more active and prominent with the replacement of CEO Leonard Ellerbe with the experienced yet controversial Richard Schaefer.
Schaefer, who happened to be a former CEO of Golden Boy Promotions ― and former owner of the now-disbanded Probellum ― which in turned is owned by a former rival of Mayweather in Oscar De La Hoya, has yet to propel Mayweather Promotions into a position of any sort of signifance other than helping promote a card that Mayweather headlined in a second exhibition bout against John Gotti III on August 24th in 2024.
The card itself would feature Mayweather Promotions’ most well-known fighter and prospect, lightweight (135 lbs) contender Curmel Moton (8-0, 6 KO’s) who has kept himself busy prior and after on PBC undercards ― the same fate suffered by other stablemates such as John Easter (9-0, 7 KO’s) whose only opportunities seem to come by way of PBC shows.
While Mayweather’s latest dive into any business outside of boxing seems to be quite profitable for the Hall of Famer, the neglect of Mayweather Promotions is palpable and seems unsustainable when it comes to actually developing fighters, with Moton in particular struggling to become a serious contender eight fights into his career despite the high expectations surrounding him.
