Leonard Ellerbe has stepped down as the CEO of Mayweather Promotions, with Richard Schaefer taking over the role. Floyd Mayweather announced the change, indicating Ellerbe's departure and Schaefer's appointment. The decision follows Ellerbe's reported preference for Gervonta Davis over Mayweather, leading to his resignation.
Picture of the former CEO of Mayweather Promotions, Leonard Ellerbe now promoting with Gervonta Tank Davis Promotions. https://t.co/dJm6Se0U9x
Mayweather Promotions isn’t even a real company. Richard Schaefer hasn’t done anything of note in a decade other than be CEO of Anthem Sports for 15 years and claim to represent Jon Jones which sounds suspect to me. https://t.co/fOhjwgebbj
Leonard Ellerbe has reportedly stepped down as Mayweather Promotions CEO Story by @JSantoliquito @Gervontaa @FloydMayweather @LEllerbe #boxing https://t.co/InoOVBp9gV
Leonard Ellerbe has resigned from his position as CEO of Mayweather Promotions and will be succeeded by former Golden Boy Promotions CEO Richard Schaefer, Floyd Mayweather Jr. announced https://t.co/XarLqJibGe
Ellerbe said “Tank over everybody” one too many times so lost his job. If he would’ve said “Tank over everybody except Floyd” he would still be CEO of TMT.
I respect Ellerbe’s loyalty he was ride or die with Floyd & now the same with Tank. It’s hard to believe he walked away from his CEO role at TMT. I believe he was pushed & Floyd just didn’t show him the same loyalty because Ellerbe’ priority is now Tank & Floyd hates Tank. Petty
ELLERBE DEPARTS MAYWEATHER PROMOTIONS ‼️ Leonard Ellerbe has left his role as CEO of Mayweather Promotions with former Golden Boy CEO Richard Schaefer stepping in to replace him. Thoughts? 🤔 #LeonardEllerbe | #FloydMayweather | #BoxingNews https://t.co/VISNHrJWO1
Big Drama in Las Vegas over night: 🔹Gervonta told media earlier in the week he liked Leonard Ellerbe but not Floyd. 🔹Richard Schaeffer was randomly appointed CEO of Mayweather promotions 🔹Leonard Ellerbe therefore finished as CEO of Mayweather promotions. 🔹Ellerbe will… https://t.co/OTpa7l3fJY
Leonard Ellerbe Out, Richard Schaefer in as CEO of Mayweather Promotions https://t.co/QE8rfCN4zb
Floyd Mayweather announces Richard Schaefer as new Mayweather Promotions CEO https://t.co/BGbHJ1MjUy
🚨 BREAKING Moments ago, Floyd Mayweather announced that Leonard Ellerbe has now stepped down as the CEO of Mayweather Promotions. Mayweather Promotions will now move forward with Richard Schaefer! #Boxingnews https://t.co/pC9yEVRTia