Floyd Mayweather Jr. may be undefeated in the ring, but he suffered a loss to Just for You Entertainment yesterday (June 16th) in court. While the victory was extremely small, a judge awarded Just for You Entertainment $6,000 because Floyd's label Philthy Rich Records signed Freck Billionaire to a contract in violation of a previous agreement with Just for You. Just for You was seeking over $600,000 in damages, claiming that Mayweather’s Philthy Rich signed Freck in violation of a 2005 agreement the rapper signed with the company. That was quickly whittled down to a $6,000 judgment, because of a lack of evidence in court and because Just For You’s owner, Ahmed Fahmy, failed to provide enough written evidence to receive more damages. Mayweather never answered the suit and didn’t even send lawyers to yesterday’s court proceedings. In August of 2009, Floyd Mayweather Jr. publicly chastised Freck Billionaire over the matter during an interview with AllHipHop.com."We were working with an artist named Freck Billionaire. When he came aboard we asked if he had any contracts and he said no,” Floyd Mayweather Jr. told AllHipHop.com in an exclusive interview. “Come to find out he was signed with somebody."
Comments
jbpanamaSat Jun 19, 2010, 5:13 AM UTC
It would be good to boxing if Floyd keeps on losing his money. In this way, if he had no enough money to lose anymore, he will be forced to fight Pac to earn more to spend. If he will spend all his money before the end of the year, a Floyd - Pac fight will sure happens. :)
The LOSING STREAK has BEGUN!!!
spoonwarsFri Jun 18, 2010, 8:02 AM UTC
what ***** is that this guys lawyer fees will probably be $7000...FAIL!
yeah.. floyd just said f*** it, mutha f*****. take MY money :crying:
mrjoebliveFri Jun 18, 2010, 3:38 AM UTC
well i need to go raid his couches..
hey larry let me ride shot gun. my neice is going to MSU and is hitting me up big time. but what can i do but support her.
mrjoebliveFri Jun 18, 2010, 3:35 AM UTC
wait for the defamation suit
its going to be the same results. manny will get 600 bucks LOL
jltsmaeFri Jun 18, 2010, 2:35 AM UTC
Losing to the IRS, rappers, and Pac in court (when it happens).
It would be good to boxing if Floyd keeps on losing his money. In this way, if he had no enough money to lose anymore, he will be forced to fight Pac to earn more to spend. If he will spend all his money before the end of the year, a Floyd - Pac fight will sure happens. :)