By Mark Vester
When Floyd Mayweather Jr. announced that he was returning to the sport, he swore the comeback had nothing to do with money. There were numerous reports that Mayweather was in heavy debt. Reports that he owed millions to the IRS, among others. Mayweather and his best friend/CEO of Mayweather Promotions, Leonard Ellerbe, denied these claims.
The Associated Press started their own investigation and dug up a lot of outstanding debt. The AP believes that Mayweather is returning for his Sept. 19 bout with Juan Manuel Marquez to get a big payday in order to satisfy his debts.
The AP found that Mayweather owes
1. $6.17 million to the IRS. The placed a lien on Mayweather in the Clark Country Recorder in Las Vegas and the bill stems from unpaid taxes in 2007.
2. According to a New Jersey Superior Court judgment, also from 2007, he owes that state $193,000 in taxes.
3. Unresolved debts worth $9,400 to three homeowners associations.
4. $3,900 to a contractor who programmed electronics at one of his homes.
5. Even $320.10 to his trash collector.
Ellerbe, despite the lien and the hard documents, denies that Mayweather owes any type of money to the IRS or any other party.
"Floyd Mayweather does not have a problem with the IRS," Ellerbe told the AP. "He doesn't owe the IRS $6.1 million ... I don't (care) what a lien says. When you have a problem with them, you ain't hard to find — ask Wesley Snipes. You go to jail, they come take your (stuff). He doesn't have a problem."
"(Mayweather) is free to move and do anything and everything he wants to do with no problems at all. None whatsoever."
Send News Tips and Comments To Mark Vester @ [email protected]