Fox Sports and Golden Boy Promotions announced Monday that they reached a multi-media rights extension to televise live boxing in the United States and internationally.
The new multi-year agreement keeps Golden Boy Promotions' bouts with FOX Sports and helps establish a new Monday night boxing franchise on Fox's national multi-sport cable channel, which launches Aug. 17.
Financial terms of the deal were not disclosed.
"When we started Golden Boy, we made a promise to only do business with the best companies out there," De La Hoya, President of Golden Boy Promotions, said in a statement. "To be partnered with Fox on this sensational series is a great fit. We look forward to working with Fox Sports 1 for years to come in giving fans the best boxing matches available."
Patrick Crakes, Senior Vice President, Programming and Research for Fox Sports, said in a statement: "Led by the dynamic Oscar De La Hoya and its Chief Executive Officer Richard Schaefer, Golden Boy Promotions has developed a great reputation over the last several years for putting together exciting cards with top-flight fighters. It's great that we've been able to build upon and expand what has already been a fruitful relationship that benefits multiple networks in the Fox Sports family, domestically and internationally."
Fox Sports has exclusive domestic rights to 48 live two-hour events annually, primarily on Monday nights. FS1 is planning 24 live events per year, with Fox Deportes -- a Spanish-language sports network -- airing all 48 events live.
"For years, the best of boxing has been available primarily on premium cable and pay-per-view only, but our partnership with Fox Sports signifies a major step-up in exposure for the fighter, Golden Boy Promotions and the entire sport," Golden Boy Promotions CEO Richard Schaefer said in a statement. "We are confident that with our mix of world class fights and fighters combined with the reach and promotional capacities that Fox Sports provides, the sky is really the limit for us all."
All Fox Sports channels will also have access to 24 classic archived fights including bouts featuring De La Hoya, Floyd Mayweather, Bernard Hopkins, Canelo Alvarez, Manny Pacquiao, Miguel Cotto, Juan Manuel Marquez and Shane Mosley.
Showtime, partnered with CBS, announced in March that it is hyping Mayweather's May 4 Showtime pay-per-view debut against Robert Guerrero.