
Devils hire Panthers executive Mehta as GM
New Jersey Devils appoint Sunny Mehta as their new general manager.
Oscar De La Hoya warns boxers to read the fine print before signing with Zuffa Boxing, citing concerns over its financial stability. He estimates that the Saudi investors have spent over a billion dollars in boxing without clear revenue recoupment.
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ARLINGTON, TEXAS - SEPTEMBER 23: Oscar De La Hoya, chairman and CEO of Golden Boy, speaks to the media during the Ortiz vs. Lubin press conference to promote The 12-round fight for the WBC Interim Super Welterweight World Championship at Texas Live! on September 23, 2025 in Arlington, Texas. (Photo by Omar Vega/Getty Images) | Getty Images
Golden Boy promoter Oscar De La Hoya takes aim at Zuffa Boxing and its Saudi financiers once again, noting their plans to withdraw funding into LIV golf as an early warning sign of whatâs to come in the boxing business. In that respect, De La Hoya says itâs just a matter of time before the golden faucet gets turned off and fighters donât want to be stuck in a Zuffa contract when it eventually does.
âSpeaking of bleeding cash, I estimate the Saudis have spent at least a billion dollars since entering the boxing space, two years ago,â De La Hoya said. âI mean, how? They paid $100M for Canelo alone and just paid Conor fâkinâ Benn $15M. They also paid a lot of fâking money to buy The Ring Magazine which is a dead asset! Plus, all the other events they put on, and theyâre fully funding the failed science experiment known as Zuffa Boxing. Actually, it could be way more than a billion bucks.
âAnd where are they recouping that investing? On ticket sales and PPVs? They donât even sell tickets at the events in Saudi, and the PPVs are a tiny fraction of income. Again, the Saudis are fully funding Zuffa. So fighters beware and make sure you read the fine print because you may need to get out of your Zuffa contract in a few months. There might not be any money left.â
Oscar De La Hoya expressed concerns that Zuffa Boxing may soon face financial difficulties, urging fighters to read contracts carefully.
De La Hoya estimates that the Saudis have spent at least a billion dollars in the boxing space since their entry two years ago.
De La Hoya warned fighters to be cautious and ensure they understand their contracts, as they may need to exit Zuffa contracts if funding runs out.

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