alot of people say he has realy bad money problems, and owe's lots of back taxes. is ths true and how bad is it????
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has floyd mayweather got money problems???
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Originally posted by lakers19 View Postalot of people say he has realy bad money problems, and owe's lots of back taxes. is ths true and how bad is it????
he's got a guaranteed 15 MILLION to fight marquez, but he pulled out w/ a rib injury.....
you got ppl going around speculating it was b/c of poor ticket sales....
if his purse is guaranteed, and he's in need of money, why pull out from the fight?
unless he's really injured....
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I would speculate that he is not having money problems, but more or less Cash Flow problems.
I would say he has a lot of money tied up in investments that took a hit last fall. If he cashes out that money, he loses big time. So he is leaving it in place.
He may not have a lot of cash flow right now, that is why he is back. The recession hit him hard just like everyone else.
The IRS wants 7 mil or so, but if he cashes out 7 million worth of investments, that he probably paid 11+ million for means he will take a hit.
It is smart for him to leave that money in place and ride out the recession. He needs income for now though.
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Originally posted by larrysmith View Postif you are a millionaire imo you dont have money problems..but he may have spending issues
Face it he is not the sharpest tool in the shed!
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why talk or care about another mans money situation? all these threads are old and recycled. what matters is the fights IN the ring. no disrespect to the thread starter of course.
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