Mayweather Reaches Agreement With IRS on Debt

[jayblack]

Isn't it funny how Floyd fans get soo defensive when people bring up moneyless"mayrunners finacial problems.Listen Floyd boys,its a FACT the guy is a step away from claiming bankruptsy,jesus,every fighter,promoter,its ALL OVER boxing that he has BIG financial problems ,denial is a strange thing indeed.

My man, it isn't about getting defensive over someone bringing up his financial problems. We don't watch him on TV to receive financial advice. We watch him to see the great performances that he puts on. It's just you Floyd haters try to find any angle to attack the man. Yeah he has other issues outside of the ring, but who doesn't?

[boxaholic]

Everybody is quick to diss PBF for any and everything. I am financially secure and I would trade my finances for his finances any day. I wonder what Floyd is worth financially vs his debts. He always boasts that his is paid for so If he has assets worth 75 mil and he owes 10 mil..you guys fail to realize he would still have 65 mil. America was built on debt and credit and 99% of us owe some kind of $.

[vercingetorix3]

Everybody is quick to diss PBF for any and everything. I am financially secure and I would trade my finances for his finances any day. I wonder what Floyd is worth financially vs his debts. He always boasts that his is paid for so If he has assets worth 75 mil and he owes 10 mil..you guys fail to realize he would still have 65 mil. America was built on debt and credit and 99% of us owe some kind of $.

And that's what brought the USA into the current situation that it is in (Uncle Sam included). We live way beyond our means with our live-for-today attitudes, which is totally wrong.

I'm guessing a lot of his assets are not liquid (cars, properties, etc. as opposed to stocks or cash,) so to assess their FMV (fair market values) based on depreciation rates would be tremendously detrimental to the actual value of his assets. Would he still be in the green? Yes, but much more down to earth than one might think.

[Mr. Chago]

Don't you think it's only a promotional thing for the fight....this makes people want to see him loose...

[yingyang]

NOOOOO this can't be true. Leonard Ellarbe said they don't have any problems with the IRS. Leonard is not a liar.

dude who are you gonna believe... Leonard Ellarbe or the IRS??
who are you gonna believe...the Bank or the Car dealership that sue
his ass or mayweather???

[yingyang]

lol don't **** with the IRS

hehehe thats true.. dont f**k with the IRS coz IRS can F**k you
for the rest of your life.

[bxr09]

Knocking on the Taxman's door

JMM is only getting 2M garaunteed. Probably will get around 4M when things are all done. I don't know how much PBF will get but 5M is a big ckunk of change. If he does make 10MM for the fight, he'll lose alot more. 10Mil minus taxes is 6-7Mil and take away the 5Mil for past taxes. He gets 1-2Mil but with expenses so he's pretty much getting less that JMM.

In addition, we don't know who is waiting in line to collect. I know JP Morgan is on the list for his Maybach and that's around 200K. He needs to settle all these claims if he ever wants to borrow again.

OR fight the Pacman, which he is trying to avoid right now.

[Xcusemymood]

this guy bragging about making 300 million dollars in two fights
and he owes irs and got his car repo.... this guy gotta be an
idiot when it comes to handling his earnings.

puff daddy is worht about 300 mil. and he doesnt owe irs or
got his car repo.... maybe puff daddy should give fraud a
lesson on finances.

one thing i know he's good at...running his mouth all over the
media. thats the only thing hes good at.

Do you really think his car got repod because he coudnt afford it? He let them take it back because he didnt want to pay for it.

[2501]

Fact, Donald Trump is broke.

[Chunk..]

Those who flaunt it, usually end up broke.