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Mandela's Daughter Hit For $7.5 Mill in Mayweather Bust - Boxing News
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 Last update:  12/24/2011       Read more by Mel Ohlhoft         
   
Mandela's Daughter Hit For $7.5 Mill in Mayweather Bust
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By Mel "Sabaka" Ohlhoft

According to Kamini Padayachee of The Mercury, a United States judge has issued an order that requires Zindzi Mandela, the daughter of Nelson Mandela, to pay Los Angeles boxing adviser Duane Moody R62.1 million ($7.5 million) in damages for breaching a contract in which Floyd Mayweather Jr. and Manny Pacquiao were going to fight in South Africa as part of her father’s 93rd birthday celebrations.

Judge Richard Niedorf handed down a default judgment in Moody’s favor after Mandela failed to file responding papers. Moody claims in court papers that Mandela approached him in February to help secure the super fight, which was scheduled for Orlando Stadium, Soweto, in November - and would have been announced at a press conference on his birthday on July 18.

Moody claims that negotiations with Mayweather Jr. fell through when Mandela did not come up with the cash to finance the event. Moody then filed a lawsuit in Los Angeles Superior Court on April 15, claiming damages for breach of oral contract, promise without the intent to perform, and negligent misrepresentation.

Mandela refused to answer any questions from the paper and referred the writer to her US representative, VisionQwest CEO Michael Lodge, which is the same accounting firm once used by Pacquiao.

“Mayweather was excited about the fight and about bringing his family to meet Nelson Mandela. He had not known Mandela had been an amateur fighter. We started off with a $20 million purse per fighter and said they would get a percentage of the pay-per-view and other revenues. And then it was to be a purse of $50 million per fighter. Zindzi assured me she had the money in place,” said Moody.

“It messed up my credibility with the Mayweathers and it affected my ability to do business in the entertainment industry."

Tags: Manny Pacquiao , Floyd Mayweather Jr. , Mayweather-Pacquiao , Mayweather vs Pacquiao


 

 User Comments and Feedback (must register to comment)

comment by Mr. Philadel, on 12-26-2011
[QUOTE=mathed]Just more trouble involving Mayweather[/QUOTE] nah...not this time....this one is on Mandela's mini Winnie

comment by pasawayako, on 12-26-2011
[QUOTE=ThePrince]Bullsh*t, Mayweather demanded $100 mil for himself and that's what killed the deal. Now Mandela's daughter has to pay millions for Floyd's ducking.[/QUOTE] Hahaha poor girl he paid millions of dollars because of floyd cowardice. :lol1:

comment by Mikhnienko, on 12-25-2011
[QUOTE=toolegit]They all look the same...[/QUOTE] With a comment like that no one is going to be able to tell whether you're a Pactard or a Flomo. Please be more specific with your racism.

comment by toolegit, on 12-25-2011
They all look the same...

comment by WESS, on 12-25-2011
LOL @ all these pactards...

Post A Comment/View More User Comments (39) 

   
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