Floyd Tax Woes May Force Him To Return

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  • Papa Ace
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    #1

    Floyd Tax Woes May Force Him To Return

    Tax woes may force Floyd Jr. back in ring



    Floyd Mayweather Jr. is reportedly facing “significant tax bills” and this might prompt the undefeated and former pound-for-pound champion to come out of retirement and face Manny Pacquiao this year.

    According to UK-based The Daily Telegraph, the flamboyant American boxer “has been requested to meet unpaid IRS bills in the US” and that a fight with the Pinoy superstar should be enough to settle his woes.

    The amount being mentioned is $6 million and a fight with Pacquiao, now the pound-for-pound champion of the world, will net Mayweather so much more than what he really needs.

    “By all accounts, his IRS debts relate to 2007. In spite of having earned $20 million for fighting a giant in Wrestlemania last year, Mayweather is not exactly known for his frugal nature,” the report said.

    Since he retired last June, six months after beating Ricky Hatton, it hasn’t been rosy for Mayweather who reportedly had $7 million worth of ***elry stolen from his home.

    He fought Oscar dela Hoya in 2007 and made millions, a paycheck that can only be matched if he comes out of retirement and faces Pacquiao by the end of the year.

    Pacquiao is set to fight Hatton on May 2 in Las Vegas, and the winner would definitely call out Mayweather’s name.

    But the boxer who hasn’t lost in 39 fights has been quite elusive, saying everything concerning him and a comeback aren’t true, and then later on saying that he wants to see “what’s out there.”

    “Mayweather is in a poker match. He wants to see how much is at stake out there. It’s a poker match. But if the price is right, I’m sure he will come out of retirement,” said Pacquiao’s adviser, Wakee Salud.

    Pacquiao’s trainer, Freddie Roach, said Mayweather is the next big fight after Hatton.

    “Mayweather is the only one to beat Hatton so if Manny can knock him out in spectacular fashion it makes a Mayweather fight realistic and logical even though his style is a tough style for us,” he said. – Abac Cordero
  • krispy kreme
    Fiendin for toilet water
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    #2
    I don't know what to believe anymore.

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    • MANGLER
      Sex Tape Flop Artist
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      • Feb 2008
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      #3
      PBF himself is quiet as hell. Dude ain't said ****, but we're always hearin from various people he's got this goin on or said this or feels this way. Til the guy speaks up himself I don't buy any of this ****.

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      • Derranged
        Banned
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        • Oct 2005
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        #4
        It would be nice to see him come back. Either fight Margarito at 147 or just stay at 140, or both.

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        • S A M U R A I
          Bulletproof
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          #5
          He should take the 8 mil to fight Marg.



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          • Papa Ace
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            #6
            Ive never heard that robbery thing it thats true he's ****ed up

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            • flipside
              Lahing Mandirigma
              Platinum Champion - 1,000-5,000 posts
              • Nov 2005
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              #7
              Originally posted by F-R-K-O
              He should take the 8 mil to fight Marg.
              if he takes the 8 mil and pay of the 6 mil he'd still owe taxes on the 8 mil he would've just earned. i say sell the cars fight 5 times a year.

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              • Spacey1991
                Undisputed Champion
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                • Jan 2009
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                #8
                Originally posted by Papa Ace
                Tax woes may force Floyd Jr. back in ring



                Floyd Mayweather Jr. is reportedly facing “significant tax bills” and this might prompt the undefeated and former pound-for-pound champion to come out of retirement and face Manny Pacquiao this year.

                According to UK-based The Daily Telegraph, the flamboyant American boxer “has been requested to meet unpaid IRS bills in the US” and that a fight with the Pinoy superstar should be enough to settle his woes.

                The amount being mentioned is $6 million and a fight with Pacquiao, now the pound-for-pound champion of the world, will net Mayweather so much more than what he really needs.

                “By all accounts, his IRS debts relate to 2007. In spite of having earned $20 million for fighting a giant in Wrestlemania last year, Mayweather is not exactly known for his frugal nature,” the report said.

                Since he retired last June, six months after beating Ricky Hatton, it hasn’t been rosy for Mayweather who reportedly had $7 million worth of ***elry stolen from his home.

                He fought Oscar dela Hoya in 2007 and made millions, a paycheck that can only be matched if he comes out of retirement and faces Pacquiao by the end of the year.

                Pacquiao is set to fight Hatton on May 2 in Las Vegas, and the winner would definitely call out Mayweather’s name.

                But the boxer who hasn’t lost in 39 fights has been quite elusive, saying everything concerning him and a comeback aren’t true, and then later on saying that he wants to see “what’s out there.”

                “Mayweather is in a poker match. He wants to see how much is at stake out there. It’s a poker match. But if the price is right, I’m sure he will come out of retirement,” said Pacquiao’s adviser, Wakee Salud.

                Pacquiao’s trainer, Freddie Roach, said Mayweather is the next big fight after Hatton.

                “Mayweather is the only one to beat Hatton so if Manny can knock him out in spectacular fashion it makes a Mayweather fight realistic and logical even though his style is a tough style for us,” he said. – Abac Cordero
                He reportedly has $100,000,000+ you really think he would have to come out of retirement just over 6,000,000? I think it is bull****.

                A lot of speculation has risen about Mayweather lately and I don't know what to believe... one minute he wants to fight somebody the next minute it was a lie, I wish I could know whats going on properly.

                To be fair though... I know ****all about this tax stuff... so i can't really comment about the finances.
                Last edited by Spacey1991; 01-08-2009, 09:38 PM.

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                • Papa Ace
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                  #9
                  Originally posted by Spacey1991
                  He reportedly has $100,000,000+ you really think he would have to come out of retirement just over 6,000,000? I think it is bull****.

                  A lot of speculation has risen about Mayweather lately and I don't know what to believe... one minute he wants to fight somebody the next minute it was a lie, I wish I could know whats going on properly.

                  To be fair though... I know ****all about this tax stuff... so i can't really comment about the finances.
                  The writer could be referring to the tax still not paid. It didnt said that's his whole liablility.

                  Comment

                  • hotshoes
                    Grass Smoker
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                    • Feb 2006
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                    #10
                    Originally posted by Papa Ace
                    Ive never heard that robbery thing it thats true he's ****ed up
                    yup its true, i saw it on tmz. its his fault anyway for showing his bling2 on mtv cribs

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