Not Wanting To Be A Promoter For A Long Time, Oscar De La Hoya Will Sell The Golden Boy Promotions Company With A Value Of Rp. 14.7 Trillion

Oscar de la Hoya (Instagram @oscardelahoya)

JAKARTA - Oscar De La Hoya has several career goals he wants to achieve. One was to enter the Hall of Fame as a promoter and the other was to sell the company he sacrificed so much for Golden Boy Promotions.

"I'm in a billion-dollar company. And I can't wait to sell it. And most importantly, I can't wait to be the first boxer to be inducted into the Hall of Fame as a promoter. This is my goal." Oscar de la Hoya hinted that he no longer plans to remain a promoter in a recent interview with ESPN.

“We are sitting in a gold mine. When I'm ready to go, the time will come. But for now, that's the reason I want the big fight to continue. This is very important. Important for this sport. This is very important for my company. And this is very important, above all, for boxing fans", De La Hoya, aware of the value of the Golden Boy Promotion

Through his company, De La Hoya promotes some of boxing's best young stars, including Ryan Garcia, the lightweight challenger who will face Javier Fortuna on July 16.

Other notable competitors include Vergil Ortiz, Jaime Munguia, and champion Seniesa Estrada. De La Hoya also previously promoted Canelo Alvarez, one of boxing's biggest stars, before Canelo split up to form his own promotion company.

Despite intending to sell it one day, the 49-year-old said he wanted to stay involved with Golden Boy "as long as possible". He believes the company has a lot to offer potential investors.

"It's important for the sport. It's important for my company. It's important, most importantly, for the fan base", he explained.

De La Hoya founded Golden Boy Promotions when he was still an active boxer in 2002. And for two decades, he has been one of the main drivers of great Mexican boxers, such as Canelo, Marco Barrera, Terrible Morales, and other world-class stars.