Details on "Billionaire" Floyd Mayweather's 2014 Bankruptcy

LMAO. Thread had nothing to do with ggg and somehow he managed to mention ggg. I'M LMAO SO HARD. He's an absolute lunatic.

Problem with a boxer like floyd is they don't have much residual income coming like other wealthy millionares and billionares. As a boxer, most of the money you make you need to save it up. There's not a large amount of money coming in every year.

You took this thread personally. LMAO. Thread had nothing to do with ggg and somehow he managed to mention ggg. I'M LMAO SO HARD.

https://vgy.me/ixsUWI.jpg https://vgy.me/UvoEsB.jpg Damn :lol1: :lol1:

51-0 baby #TMT

https://vgy.me/ixsUWI.jpg https://vgy.me/UvoEsB.jpg

Shocker- boxer is bad with money.. I just don't get why some many posters get happiness from the fact that Floyd may be bankrupt I'm just reporting facts here that relate to Boxing. I didn't make the guys money disappear like a hot silent fart in an F5 Tornado. Floyd did it to himself. It's important for people to know this so they can determine when his "comeback" will be. Based on the information of the articles I've posted lately, it's going to be sometime before April 15, 2019.

Shocker- boxer is bad with money.. I just don't get why some many posters get happiness from the fact that Floyd may be bankrupt

Floyd ‘Money’ Mayweather to File for Bankruptcy By Kato Leonard on July 16, 2014 4.1k FacebookTwitter0 Google+4 LinkedIn 4.1k SHARES “Mayweather spends up to $75 million each year on bills, gambling, and frivolous purchases.” Flamboyant boxer Floyd Mayweather has been seeking the counsel of a lawyer to file for bankruptcy. According to multiple sources, the 37-year-old undefeated champion made over $100 million this year (as of June 2014), but has continued to blow through his funds at an unsustainable rate. Mayweather has over 15 multi-million dollar homes and at least 50 expensive cars. The boxer has begun to liquidate his assets in an effort to free up more cash. Floyd’s current spending habits, coupled with his mass amounts of debt, have left him with nearly no cash on hand to satisfy his bills. It is estimated that Mayweather spends up to $75 million each year on bills, gambling, and frivolous purchases. This is not the first time the world famous boxer has struggled to pay his bills. In 2009, he defaulted on a $167,192 car loan which resulted in a lawsuit. According to The Las Vegas Sun, “in April 2007, Mayweather borrowed $415,695 to finance the purchase for $512,184 of a Mercedes Maybach 57S from dealer Fletcher Jones Imports in Las Vegas.” The contract called for 72 monthly payments of $9,077 at a 16% interest rate. The lawsuit alleged Mayweather failed to make payments, and the vehicle was repossessed and sold. The IRS has reported that Mayweather owes over $50 million dollars in back taxes. If the boxer fails to set up a payment arrangement, the funds from his upcoming fight with Marcos Maidana could be seized. The IRS filed multi-million dollar liens against the Grand Rapids native in 2007, 2009, 2011, and again in 2014. So did Floyd file for Bankruptcy? The article is before Maidana II, Pac, Berto and McGregor

Gmabling might be his problem and that is something you can't solve. It has to be the main culprit.. he's definitely going broke at record speeds. I bet he already owe more to the IRS than he has. It'll just take a few years for that hammer to drop. Then he's.gonnne be 43 begging Canelo for a fight

More Mayweather threads from this guy! :nonono:

Who cares ! It's his business if he's rich or broke

maybe he could just not spend so much? lol kick half his entourage out of his house, rent some of his properties, sell a lot of his useless cars, pay your taxes, keep gambling to a minumum etc Its not that hard Hes gonna be broke in a few years and forced to come back again, maybe a rematch with Connor Gmabling might be his problem and that is something you can't solve.

Some of u guys are just sad lol. Talking about another man's money like gossiping fkin broads. Floyd wont go broke.

Lucifer is at it again. Him and Spoon should form a therapy group so they can deal with their obsessive behavior.

the forums biggest mentally ill race baiting lunatic that has nearly 17k posts in 1 year is telling someone to sort their life out? LMAO :lol1:

He has no life to get together. For a guy to find this article, which we don't even know if it is factually true, he has to be sitting up on his computer actively searching for dirt on a man he doesn't like. Do you know how twisted somebody like that's mind has to be?

Jesus Christ these haters are obsessed. People calling him "poor bastard" in this thread yet he is worth hundreds of millions more than they are. Lou Cipher, get your life together man my God, this is sad.

Are clowns actually taking this seriously? There's a reason he didn't post a link. You know half these weirdos brain dead around here. They see Floyd name and get excited.