That means Garcia, who holds the WBC and WBA titles at light-welterweight, will defend those belts against rugged puncher and mandatory challenger Matthysse on the high-profile undercard of Floyd Mayweather v Saul Alvarez in Las Vegas.
Originally in May, when asked by World Boxing News if the eagerly-anticipated fight could feature on the bill, Schaefer was adamant that there was no way the scenario that has now materialized to delight the fans would happen.
“Danny Garcia v Lucas Matthysse is huge, huge fight in it’s own right and will never take place on any undercard,” Schaefer told WBN on May 30 of this year.
Yet here we are, with the fight the wider boxing fraternity had hoped would come to fruition, happening on what promises to be the biggest night in the boxing calender for a long, long while at the MGM Grand in the fall.
“This is for the fans,” explained Schaefer. “I believe that Danny Garcia and Lucas Matthysse deserve this type of exposure.
“We dont want to just offer a great main course, we want stellar appetizers too and we want to show the world how great boxing is.
“I feel comfortable predicting that ‘The One’ will beat the revenues generated for the PPV between Oscar De La Hoya and Floyd Mayweather.
“This is a great time to be involved in the sport of boxing. These kind of events take boxing to a totally different level,” he added
The pay-per-view extravaganza, to be broadcast on Showtime, still has a couple of slots left to fill – with Austin Trout v Erislandy Lara another fight looking likely to be added to the massive event in the near future.