Floyd Mayweather Faces $7.3 Million IRS Lien Over Unpaid Taxes
Floyd Mayweather slammed with $7.3 million IRS lien over unpaid taxes claim
Yahoo! NewsImage: Yahoo! News
Floyd Mayweather, the retired boxing champion, has been hit with a $7.3 million lien by the Internal Revenue Service (IRS) in Las Vegas due to unpaid taxes from 2018 and 2023. This financial burden comes amid ongoing money issues and plans for future exhibition matches, including a rematch with Manny Pacquiao.
- 01Mayweather faces a $7.3 million IRS lien for unpaid taxes.
- 02The lien allows the government to seize Mayweather's property until debts are settled.
- 03He has ongoing financial issues despite earning over $1 billion during his career.
- 04Mayweather is set to rematch Manny Pacquiao, but contract disputes are emerging.
- 05He is also suing Showtime for over $340 million regarding misappropriated funds.
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Floyd Mayweather, a retired boxing champion known for his extravagant lifestyle, has been issued a $7.3 million lien by the Internal Revenue Service (IRS) in Las Vegas due to unpaid taxes from 2018 and 2023. This lien permits the U.S. government to seize Mayweather's assets until the tax bill is settled. Despite generating over $1 billion in revenue throughout his illustrious career, Mayweather's financial troubles have persisted, prompting him to remain active in the boxing scene even after his last professional fight in 2017 against Conor McGregor. He has participated in several exhibition matches, including bouts against Tenshin Nasukawa and Logan Paul. Currently, Mayweather is preparing for a rematch against Manny Pacquiao, although there are complications regarding the nature of the fight and contractual obligations. The CEO of Manny Pacquiao Promotions, Jas Mathur, has indicated that Mayweather is in breach of contract due to accepting cash advances for the rematch. Additionally, Mayweather is suing his former broadcaster, Showtime, for over $340 million, alleging misappropriation of funds related to his pay-per-view events.
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