Oscar De La Hoya retired as a boxer in 2008 but has still not cut ties with the sport. In 2002, he founded, “Golden Boy Promotions” and post his retirement, the former champion has been performing his responsibilities as a promoter, taking charge of the careers many notable fighters such as the likes of Canelo Alvarez (Now with Eddie Hearn), Ryan Garcia, and many others. Notably, Alvarez left the promotion and signed with “Matchroom Boxing” in 2020. Not to mention last year, there was a lot of tension between Garcia and De La Hoya but ultimately a renewed contract kept their relationship alive.

Another such instance was when Joseph Diaz Jr, the former super-feather interim champion, years ago expressed his dissatisfaction with the promotion. Recently, Diaz even claimed that he is longer with the promotion which made headlines in the boxing world. However, it was later clarified by his manager that the contract would conclude in May of this year. The boxing world was under the impression that after the contract runs down, the boxer would part ways with the promotion. Though, in a recent turn of events, the former interim champion has decided to re-sign with Golden Boy Promotions.

Oscar De La Hoya announces re-signing of Joseph Diaz Jr

In 2019, Diaz complained that the promotion did not promote him enough and did not pay him adequately for his fight against Jesus Rojas. As per Bad left hook, he stated, “I would say after the Gary Russell fight they didn’t really promote me or do anything as much as they should” 

Reflecting on his purse, he added, “With Jesus Rojas, I had a really shitty purse, and I accepted it” However, De La Hoya took to his Instagram story in which he revealed that the boxer has signed another deal and would continue to be “Golden Boy” boxer.

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The post featured Diaz, with the caption stating, “Joseph Diaz Jr re-signs with Golden boy promotion,” De La Hoya was ecstatic to announce this news as he stated, “Let’s go!!!”

Despite his past complaints, It seems Oscar was successful in retaining the former champion by offering him a new contract.

Oscar De La Hoya on selling Golden Boy Promotions

Last year, De La Hoya revealed that he was willing to sell the company if the price was right. Speaking to FightHype, he stated, “We are sitting on gold and I’ve never been one to shy away from a great offer.”

Read more: Oscar De La Hoya Issues Unique Challenge to Rival Floyd Mayweather

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