July 5: WBA Super Middleweight Gold Title Fight to be held in Russia / Canelo Álvarez becomes the first boxer in history to earn $1 billion

Pavel Silyagin vs Pablo Ezequiel Corzo

Russia’s RCC Boxing Promotions has announced a major event scheduled for July 5 (Japan time +4 hours) at the DIVS Arena in Yekaterinburg, Russia. The main event will feature a clash for the WBA Super Middleweight Gold Title between Pavel Silyagin (Russia), ranked #12 by the WBC and #14 by the IBF, with a record of 16 wins (7 KOs), no losses, and 1 draw, and Pablo Ezequiel Corzo (Argentina), ranked #9 by the IBF and #10 by the WBA, who holds a perfect record of 23 wins (20 KOs).

The 31-year-old Silyagin last fought on May 2 (May 3 JST) in Brest, Belarus, where he dominated former world contender Carlos Gongora (Ecuador), whose record stands at 22 wins (17 KOs) and 4 losses. Silyagin secured an 8-round decision victory in his first appearance of the year. RCC Boxing has stated that the winner of Silyagin vs. Corzo will likely rise to the top of both the WBA and IBF rankings.

The same event will also feature several top-ranked boxers, including WBA #2 super lightweight Khariton Agrba (Russia) with a perfect 15-0 (9 KOs), WBA #3 super welterweight Magomed Kurbanov (Russia) 26-1 (14 KOs), WBA #3 bridgerweight Evgeny Romanov (Russia) 19-1 (12 KOs), and heavyweight Georgiy Yunovidov (Russia) 10-1 (6 KOs).

Canelo Álvarez becomes the first boxer in history to earn $1 billion

On May 3 (May 4 JST), the main event of “Riyadh Season” was held at The Venue in Riyadh, Saudi Arabia, featuring a four-belt unification bout between WBC, WBO & WBA Super World Super Middleweight Champion Saul “Canelo” Álvarez (Mexico) — 63 wins (39 KOs), 2 losses, 2 draws — and IBF World Super Middleweight Champion William Scull (Cuba, residing in Berlin, Germany) — 23 wins (9 KOs), 1 loss. On the ring apron stood Richard Schaefer (pictured far left).

Schaefer, a former Swiss banker, was recruited by Oscar De La Hoya and joined Golden Boy Promotions. He served as CEO for over a decade from the company’s founding, managing promotions, matchmaking, business operations, and more as De La Hoya’s right-hand man.

Golden Boy’s rapid rise to global prominence was largely due to Schaefer’s business acumen. However, as the saying goes, “the nail that sticks out gets hammered down.” His relationship with De La Hoya soured, and in June 2014, he parted ways with GBP. In response, then-pound-for-pound king Floyd Mayweather (USA) announced a complete break from GBP.

Schaefer later launched his own promotional ventures, and in June last year, he became the CEO of Mayweather Promotions.

When Canelo signed a four-fight deal with Saudi Arabia’s national project, Riyadh Season, he contacted Schaefer — whom he first met 17 years ago at age 17 — and asked him to become his business manager. Schaefer accepted, and now supports Canelo’s business affairs.

Schaefer stated, “Canelo is without a doubt the smartest businessman I’ve ever met among boxers,” and confidently predicted that Canelo will become the first boxer in history to earn $1 billion by next year.

Naoya Inoue’s fight purses are impressive, but Canelo’s $1 billion (approximately ¥144.78 billion) earnings are truly extraordinary!

This article has been translated and published with permission from BOXING MASTER.

https://boxing-master.com/prof/embed/#?secret=x2hdidccEV#?secret=JaONuGYWG5

This article has been translated and published with permission from the original author.

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