I am having a fundraiser to help Floyd "Ain't got no Money" Mayweather to at least pay off his trash collection bill. If you are a fan of boxing your pledge will be greatly appreciated. :lol1:
he must be broke look at the clothes hes been wearing. First it was the wife beater, now hes been wearing the same white t in every interview lol
lol. I doubt he's dressing like that because of money issues.
The Hatton fight was done in a recession, which started November of '08.
I hate to break it to you but the Hatton/Mayweather fight was in December of 07
LOL. And here I thought I was getting robbed paying over 30% on a 1099.
Hell my bonus checks are taxed at 35% and it's a lot less than Mayweather gets (ha ha ha)
7%, shit most people in the U.S. on a 1099 pay easily more than 30%
In fact most people working for employees get way more than 7% taken out.
so if you made 150 million you could easily owe over 40 million in taxes if not careful.
Yea, it could be an outrageous number he owes if he did not pay taxes in 2007 especailly with fines and interest. You do not mess with Uncle Sams money, he will do much worse then break your legs~.
On the plus side if this is the case we should be seeing him around for a minute, also it would make sence why he would not take the King supposed $100 million offer, he would ahve to pay mad taxes on that lump sum, then pay off what he owes he would have almost nothing left, and then to get that money upfront you have to figure King would be shiesting him on back end of the deal (back end meaning everything after the big lump sum payment).
Mayweather sidekick Laughing Lenny Ellerbe will act as the auctioneer at the yard sale. WBC title belts and other trinkets will be marked down from their usual $39.95 retail price in this once in a lifetime (Mayweather hopes anyway) offering.
Given the date, Ellerbe will wear a red,white and blue Uncle Sam costume while head trainer Roger Mayweather, if not incarcerated at the time, will wear his always comical ‘I AM NOT AN IRS AGENT’ sweatshirt.
The real jewel of the Mayweather Estate, the prestigious universally recognized BOXING'S BEST POUND FOR POUND SYMBOLIC BELT, will not be up for purchase as it is now dusty and musty with the current owner of the current belt believed to be living in some Asian archipelago.
"We thought that the pound for pound diadem would be worth millions but it's all dusty and musty now," said a Meayweather brokesperson named I.O. Plenty.
Did anyone really take this seriously? I'm just asking.
The more I think about this, the more I'm convinced he is not broke at all. I think he may be going through a personal recession, in that he is having cash flow problems, but the guy is not broke.
By fighting and selling off some excess stuff, he will be fine. If that 7 million is land taxes as Horus says, it means he has a ton of money invested in property. He is not broke, but just having cash flow issues.
Why the fascination wit Mr boat buyer's $? Odd that this shit gets so much play on here. :gives:
Agreed, I was only debating the point of the wwe bullshit. this horus dude is outright mad. Like JuyJuy was.
Eh..... I doubt Mayweather is broke at this point. It seems to be more speculation than honest proof that anything is wrong with him financially. Its the same way I didn't jump to conclusions when Bob Arum said he is concerned about the way Pac's money is being handled.
WATCH AND EDUCATED YOURSELF!!!!
I don't need to "educated myself".
Mayweather lost all of his money, that's why he is back. If it was for the love of the sport he'd be fighting the best.
Sometimes I think you post some trash in fairness Horus, I have said before in your threads that you post stupid threads for no reason and all... but I gotta give it to you here... nicely played! :fing02:
Ah I didn't notice that either... Lady Fan is always trying to make threads to either hype up Pacquiao or put Mayweather down... I aint saying she has anything against Floyd or dislikes him... but whenever she makes a thread about him it is regarding something negative...
Come on Ladyfan, whats with all the shit?
What Threads or post of mines were trash? I am just curious:cool2:
Floyd Made $40,250,000 in 2008!!!!
Floyd Mayweather Jr.
Boxing
$20,000,000 Salary/Winnings
$20,250,000 Endorsements
____________________________
$40,250,000
It's been a monster year for Pretty Boy, who made $20 million in purse and pay-per-view shares for his fight with Ricky Hatton and another $20 million for his foray into professional wrestling.
http://sportsillustrated.cnn.com/more/specials/fortunate50/
Floyd Made: $26.5 Million.2007
http://www.forbes.com/2007/10/25/spo...hisSpeed=15000
Floyd Made :$40,250,000 in 2008
http://sportsillustrated.cnn.com/mor...s/fortunate50/
Floyd has made 66,750,000 Dollars in the last 2 years.
And Before 2007.
Floyd was making 3 million a fight Minimum since Emanuel Augustus.
Had a $12 million, seven-fight contract offer from HBO. Starting with
Emanuel Augustus.
After that He was making around 70-30 or 80-20 with whoever he would fight.Meaning he was making a minimum of 4 million a fight since Corely...
Thats why his Networth is over 150 Million Dollars...
http://knowyournetworth.com/floyd_mayweather_net_worth.html
Why else would he be on the BLOOMBERG business channel?
...Go to 3:23 on this video
Sometimes I think you post some trash in fairness Horus, I have said before in your threads that you post stupid threads for no reason and all... but I gotta give it to you here... nicely played! :fing02:
that shit sounds like something Google_it would write... complete trash tbh... look at this about the author, guy sounds like a joke:
"Michael is a former sports columnist at the New York Post. He was a criminal defense attorney and worked for sports legends Howard Cosell and Don King. Marley also operates ******************.com. Email him your thoughts. He makes it a practice to always recommend Pacland and Philboxing"
dude is CLEARLY bias :lol1:
Ah I didn't notice that either... Lady Fan is always trying to make threads to either hype up Pacquiao or put Mayweather down... I aint saying she has anything against Floyd or dislikes him... but whenever she makes a thread about him it is regarding something negative...
Come on Ladyfan, whats with all the shit?
Thats how it works over here in the UK but if you're a boxer arent you suppose to be self-employed??? And if you're self-employed then you're responsible for filling your own tax.
Thats what I was trying to tell them...
I used the 7% as a minimum standard.
Federal Taxes (7%) come out automatically..
People get caught up in tax evasion all the time...Just ask President Obama Nominees ..So I am not Saying floyd is not capable of tax evasion.
But if Floyd was cheating the government it wouldnt be from his fight night money or his endorsements ...
it would be from his property taxes and from not reporting money he makes from his mayweather promotions..
People usually get caught up when they dont report the income they make independently of somebody else...Not when they are dependent on somebody else like a fight night check or a endorsement..
17y ago
It Looks Like $ Problems For Mayweather | BoxingScene Community