Richard Schaefer has risen in the ranks of boxing deal-makers in the past 10 years in eye-opening and impressive fashion. He came from a banking background, and now stands with Bob Arum, in the business since 1966, as one of the top two promoters in the game. You can underestimate Schaefer's toughness if you judge by appearance and tone, as he has a Wall Street smoothness and lacks the Brooklyn edge that Arum has. But Schaefer does get his point across, often in a subtly aggressive and slick manner, when he wants to.
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