Mayweather $1 Million Penalty from Nevada Atheltic Commision?

[Fights]

I read that the Nevada Atheletic Commission is unhappy with that Mayweather did. The commission nearly penalized $1 Million but didn't, anybody knows why?

[Mr. Philadel]

if he would've weighed in at 147 then they would've fined him 20% of his purse OR $1M......instead of 10% for 146......I don't know why but thats what I read!!!

[Fights]

if he would've weighed in at 147 then they would've fined him 20% of his purse OR $1M......instead of 10% for 146......I don't know why but thats what I read!!!

2 pounds over (146 pounds): 10 percent of his purse, or $1 million.
3 pounds over (147 pounds): 20 percent fine or $2 million.

Like you I'm not familiar with commission rules.

[El Jesus]

if he would've weighed in at 147 then they would've fined him 20% of his purse OR $1M......instead of 10% for 146......I don't know why but thats what I read!!!

he would have been fined that if he didnt renegotiate the contract the night before.

[Fights]

he would have been fined that if he didnt renegotiate the contract the night before.

$1 Million from Nevada Commission
+ 6 Hundred Thousands from Marquez
---------------------------------------
$1.6 Million TOTAL

[pawn]

1M is 10% of 10M. that means Floyd is only guaranteed 10M. I thought it was 15M???

[Silencers]

Well he renegotiated the contract so that he could come in over 144 so that shouldn't be it. The only reason I can think of is the late submission of his contract to the commission, they were quite unhappy about that. Marquez' was submitted a few days ago, Mayweather and his camp didn't submit their contract until the morning of the weigh in.

[Fights]

1M is 10% of 10M. that means Floyd is only guaranteed 10M. I thought it was 15M???

Yup it's a 10 Million guarantee.

[S.G.]

1M is 10% of 10M. that means Floyd is only guaranteed 10M. I thought it was 15M???

$10m base sum. There will be a lot of supplements topping up that fee though

I think he narrowly escaped the $1m fine from this dodgy "re-negotiation" that seems to have occurred at some point

[Fights]

$10m base sum. There will be a lot of supplements topping up that fee though

I think he narrowly escaped the $1m fine from this dodgy "re-negotiation" that seems to have occurred at some point

$1 Million for Nevada Commission
+ $5 Million Previous Tax
+ $3 Million Current Tax
+ 6 Hundred Thousands Penalty for Marquez
---------------------------------------
$9.6 Million TOTAL