Floyd Mayweather leads an extravagant life. And why shouldn’t he? After all, he is currently the richest sportperson in the World right now and certainly knows how to spend his money, as is evident from his social networking sites. But some might feel otherwise.

According to CBS Sports, Boxing legend and Golden Boy Promotions founder Oscar De La Hoya believes boxing is better off without Floyd Mayweather. Even the most casual Boxing fans complains about Mayweather’s fights being boring.

In a recent interview with the Sports Illustrated he explained why he feels so. “I come from the old school generation of watching fights and being on the edge of my seat because these guys are knocking each other down and there’s blood and just great action,” says De La Hoya.

“I just don’t get that when I watch Mayweather. I respect his talent. I respect his boxing ability, but it’s just not my cup of tea. I would rather see a knockdown, I would rather see a knockout. I would rather see action and get my money’s worth and be excited about watching a fight.”

Does Oscar feel that Mayweather may not stick to his retirement at 49-0?

“No, I believe he’s going to come back and fight again,” De La Hoya said. “I mean, there’s rumblings that maybe a rematch with Pacquaio? And if you think about it, even if it does half the business, then it’s a win-win for everybody.”

Oscar certainly believes that Mayweather shall share his space among the very best but “does not have Floyd as the all-time pound-for-pound king,” notes CBS Sports.

Well, Mayweather’s boxing style is certainly not Oscar’s cup of tea. We have to wait and see how Mayweather reacts to his statements.

The Golden Boy is currently promoting the upcoming Miguel Cotto-Canelo Alvarez middleweight super fight on Nov. 21.