WHERE DID ALL FLOYD MAYWEATHER'S MONEY GO?
Why did Floyd Mayweather Jr retire from boxing? Because he no longer needed boxing for anything. A position he cemented by walking away from a rematch of the most lucrative fight in the history of the sport. Many, including myself, feel Mayweather made a terrible mistake. Naturally "Money" didn't care what any of us thought, and he had about $40M reasons to feel this way. Why did Floyd Mayweather Jr return to boxing? Money. What the hell happened to all of his money? That's the question nobody has been able to answer, until now.
To make a long story short, **********.com understands that during his retirement, Mayweather quickly formed a friendship with a fellow named Willie, who allegedly managed to hustle Mayweather out of so much of his money that he couldn't even afford to pay taxes on his 2007 earnings.
Allegedly Willie told Floyd that he can turn $1M into $4M in a month or less. Floyd gives him the mill and a few DAYS later Willie comes back to Mayweather with $5M.
Of course greed is the reason Mayweather allegedly decided to give Willie the vast majority of his bank account (anywhere from $26-42M) instead of another million or two, or three, or four that he just made.
Mayweather allegedly gives Willie all of his money, and Willie hasn't been seen or heard from since.
Perhaps Big Willie told Floyd that he could turn eight figures into nine figures on another quick flip and it became too much for Floyd to resist.
The desperation Moneyless Mayweather's experienced was evident when he nearly signed a three fight deal with Don King Productions without informing his advisors Leonard Ellerbe or Al Haymon.
********** also understands that Haymon, had to leave his ill mother's bedside, and rush to Florida to block the deal from happening by assuring Floyd that he would make more for his next fight without King.
Haymon also allegedly broke off Floyd with a substantial amount of money to hold him down until pay day. This probably marks the first time Mayweather, an HBO fighter for years before Haymon joined the team, actually needed the concert promoter for anything.
Being affiliated with the best fighter in the world certainly helped Haymon secure clients. Working with Mayweather also enabled Haymon to get other clients of his like Vernon Forrest (RIP) and Andre Berto quick title fights against less than stellar opposition because of WHEN Mayweather vacated.
Forrest defeated Carlos Baldomir for the WBC 154 pound title Mayweather won from Oscar De La Hoya and Andre Berto's HBO televised tune up against Mickey "Mouse" Rodriguez became a world title fight when Mayweather vacated the WBC welterweight strap he defended against Ricky Hatton in his last fight. Making those moves fattened everybody but Mayweather's pockets, so according to my calculations Haymon still owes Mayweather at least one favor.
Since he walked on the De La Hoya rematch, Mayweather's decisions have enabled Manny Pacquiao to become a boxing superstar, have cost Floyd millions of dollars in cash, jewelry, automobiles and priceless personal items like the outfit he wore against Zab Judah (nearly $10,000), and the segway shown on HBO's first 24/7 ($3k) were auctioned off on ebay.
Fortunately, he has the talent to make it all back with interest in a year or two. He's always trained like a hungry fighter, and is one of the most gifted fighters I've ever seen, but he needs a win over Marquez more than he's ever needed anything from boxing before because a loss to Marquez would prevent Lil Floyd from ever making big Willie money again.
That story doesn't sound right to me.
What person in their right mind would hand over 40 million dollars or whatever the amount was to a guy he barely knew ?. I wouldn't even had that amount of money over to a family member. :)
What kind of person would risk his career earnings like that. That is stupid and reckless. Oh well atleast he made it all back in the Marquez fight. He will also get a big check for this Mosley fight. Good for him.
i doubt the validity of this story 100% but irregardless floyd does not really understand money IMO.........he needs to find a decent financial planner or an investment manager and give them $20 mil to look after so he can't touch that shit..........
The story was true, And thats what cause the problem between Team Mayweather and G.leon of boxing..talk, Normally G.leon gets all the exclusive from Team Mayweather but he wasnt suppose to print that story about Mayweather's money, He did try to sign with King without the knowledge of ellerbe or Haymon and he was really swindle out of his money by "Willie".
The cause of the twist could also be that Leon's story wasn't the truth.
Mayweather may be stupid, but surely not even he would be so stupid as to hand over some 40 millions bucks to a stranger.
just googled "willie mayweather" to see what i could find on this. Had to lol at the first result.
Turns out there's another Floyd Mayweather (didnt even put the word floyd in the search), and he's got a brother called willie, and they're rich!
I have a hard time believing that some guy named Wilie just relieved floyd of so many millions.
How credible is Leon?
Why hasn't anybody else picked the story up?
Why isn't the police involved?
Just too many questions really.
Leon is very credible when it comes to Mayweather, But because of him printing this story their relationship came to an end, Now Leon is on Pacquiao's side..
I dont believe Floyd is that dumb and I dont believe Floyd would make any moves like that without informing Ellerbe and I know that Ellerbe wouldnt sign off on it. Also, when you have money like Floyd, nigg@z aint hard to find. He also couldve sued that guy and made up some lie about the man extorting him which he never even tried to do. That story aint true and thats why Floyd doesnt mess with Greg, just like I bet the Tyson story aint true.
Tyson hasnt ever really said bad words about Floyd like that and Floyd always keeps bodyguards around him in public. No way he would go out with a ton of cash withotut those guys around him. Also, why would Floyd be trying to get a woman to set Tyson up? Greg probably got that shit from Mike's crazy ass and he ran with it. Greg is in NY and is like the new Peter Vesscey. Always making up shit or exaterating it to the fullest
yeah right who is Leonard Ellerbe? he don't run nothing and last I heard he gets 1 percent of Mayweather's purse so that's 200,000 dollars for Ellerbe come may 1 and lets not act like the IRS ain't taking there 30%. So again do you think that Mayweather really consults with him for his financial decisions. I bet Leonard gets slapped around for making smart recommedations for Floyd. It was Leonard who talked with the rockstar people and Mayweather couldn't even which product he was endorsing and called it red bull. If your going to be stupid with your money at least do what Oscar did and consult with the mastermind Richard Schaffer for all your financial decisions.
A yo Ricky, this dude Big Willie just made me 4 million dollars, can you be O so nice to find out how he did it and if it's cool to give him the rest of my money cuz they call me money and I likes my money.
I remember the when Mayweather-King was about to go down. The possible deal is not a rumor, Dan Rafael was all over this story and said that Floyd was at King's home in Florida.
First time I read this story, shit sounds on point. You gotta be real dumb, gullible, and/or greedy to fall for this type of scam without checking for Willie's references.
The way Floyd talks about money, he seems obsessed and the cat brought him a quick flip I could see him falling for the hustle.
The story was true, And thats what cause the problem between Team Mayweather and G.leon of boxing..talk, Normally G.leon gets all the exclusive from Team Mayweather but he wasnt suppose to print that story about Mayweather's money, He did try to sign with King without the knowledge of ellerbe or Haymon and he was really swindle out of his money by "Willie".
I have a hard time believing that some guy named Wilie just relieved floyd of so many millions.
How credible is Leon?
Why hasn't anybody else picked the story up?
Why isn't the police involved?
Just too many questions really.
Yeah, sometimes it gets me pissed too dude...
I simply don't understand the deep hatred that he generates... I really got the feeling sometimes he raped their family or something... it's beyond me... all his actin up in most cases is just actin up... if I'm on the road with my homies and have fun... I act up too sometimes...
Yeah... it's really sad to see fighters who all to a degree will have problems later on through fighting can't even keep their money in house... I mean imagine loosing 30 to 40 millions? Oh man... if he ever catches this Willie he is in for an ass whoppin... I'm willing to see it on PPV *looooooooooooooooooooooooooooooooool*
I guess its this whole "I am better than everyone else!" attitude, Floyd is still one of my favourite boxers, however, I think he is/was trying to what Muhammad Ali did... no doubt Ali was cocky, a lot of people hated Ali, but you have to love Ali's attitude because he does what he says he does, which is a big up from Floyd.
If its real, then damn, its bad... Floyd got conned. Well, the past is the past, I hope he learns from it and just continue to move on, fight and make money again. Just hope he learns....
Well Mayweather was about to sign for Don King without the Knowledge of Ellerbe or Al Haymon according to G.leon, They had to tip off Ellerbe who was able to get Haymon from his mum's bedside in hospital for a flight to New york where they were able to stop Mayweather signing a promotional/managerial contract with King......So yes Mayweather was desperate.
I remember the when Mayweather-King was about to go down. The possible deal is not a rumor, Dan Rafael was all over this story and said that Floyd was at King's home in Florida.
First time I read this story, shit sounds on point. You gotta be real dumb, gullible, and/or greedy to fall for this type of scam without checking for Willie's references.
The way Floyd talks about money, he seems obsessed and the cat brought him a quick flip I could see him falling for the hustle.
I dont believe Floyd is that dumb and I dont believe Floyd would make any moves like that without informing Ellerbe and I know that Ellerbe wouldnt sign off on it. Also, when you have money like Floyd, nigg@z aint hard to find. He also couldve sued that guy and made up some lie about the man extorting him which he never even tried to do. That story aint true and thats why Floyd doesnt mess with Greg, just like I bet the Tyson story aint true.
Tyson hasnt ever really said bad words about Floyd like that and Floyd always keeps bodyguards around him in public. No way he would go out with a ton of cash withotut those guys around him. Also, why would Floyd be trying to get a woman to set Tyson up? Greg probably got that shit from Mike's crazy ass and he ran with it. Greg is in NY and is like the new Peter Vesscey. Always making up shit or exaterating it to the fullest
Well Mayweather was about to sign for Don King without the Knowledge of Ellerbe or Al Haymon according to G.leon, They had to tip off Ellerbe who was able to get Haymon from his mum's bedside in hospital for a flight to New york where they were able to stop Mayweather signing a promotional/managerial contract with King......So yes Mayweather was desperate.
I dont believe Floyd is that dumb and I dont believe Floyd would make any moves like that without informing Ellerbe and I know that Ellerbe wouldnt sign off on it. Also, when you have money like Floyd, nigg@z aint hard to find. He also couldve sued that guy and made up some lie about the man extorting him which he never even tried to do. That story aint true and thats why Floyd doesnt mess with Greg, just like I bet the Tyson story aint true.
Tyson hasnt ever really said bad words about Floyd like that and Floyd always keeps bodyguards around him in public. No way he would go out with a ton of cash withotut those guys around him. Also, why would Floyd be trying to get a woman to set Tyson up? Greg probably got that shit from Mike's crazy ass and he ran with it. Greg is in NY and is like the new Peter Vesscey. Always making up shit or exaterating it to the fullest