‘Beware, make sure you read the fine print’: Oscar De La Hoya warns boxers about signing with Zuffa
Oscar De La Hoya believes the Saudi money will dry up in boxing before you know it.
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 what’s to come in the boxing business. In that respect, De La Hoya says it’s just a matter of time before the golden faucet gets turned off and fighters don’t want to be stuck in a Zuffa contract when it eventually does. “Speaking of bleeding cash, I estimate the Saudis have spent at least a billion dollars since entering the boxing space, two years ago,” De La Hoya said.
“I mean, how? They paid $100M for Canelo alone and just paid Conor f—kin’ Benn $15M. They also paid a lot of f—king money to buy The Ring Magazine which is a dead asset !
Plus, all the other events they put on, and they’re fully funding the failed science experiment known as Zuffa Boxing. Actually, it could be way more than a billion bucks. “And where are they recouping that investing?