Comments Thread For: Floyd Mayweather Jnr lawsuit against Showtime has industry abuzz

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  • BoxingUpdates
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    #1

    Comments Thread For: Floyd Mayweather Jnr lawsuit against Showtime has industry abuzz

    After years of flashing cash and even changing his nickname to ?Money,? Floyd Mayweather Jnr is suing Showtime, alleging that $340 million in earnings were misappropriated.
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  • Moz_boxing
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    #2
    I'm suprised that nobody brings up that Mayweather did an interview years ago at least 5 years in which he said he still collects the money of his PPV fights from Showtime and that this is a normal process and after he fought Logan Paul and Logan Paul said he was not paid he brought up this topic again and said that is how the game works and said he still didn't received money owned to him from the fight with Pac. My guess is Floyd trusted them to pay the money but when Showtime quit he lost faith in them paying back his money and now while he is seeing that Haymon lost a lot of power and his (floyds) money is shrinking, he said to himself enough is enough i will sue.

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    • MalevolentBite
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      #3
      I think Al Haymon is setting up showtime. Thats why floyd isnt directly suing Al Haymon. I think Espinoza and Al Haymon had a hand shake deal that wasn't on paper and now Al Haymon and Jerusalem are now coming back to double collect. Somewhere the books and paperwork isnt adding up. This is just smoke and mirrors for a quick settlement.

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      • Oregonian
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        #4
        Originally posted by Moz_boxing
        I'm suprised that nobody brings up that Mayweather did an interview years ago at least 5 years in which he said he still collects the money of his PPV fights from Showtime and that this is a normal process and after he fought Logan Paul and Logan Paul said he was not paid he brought up this topic again and said that is how the game works and said he still didn't received money owned to him from the fight with Pac. My guess is Floyd trusted them to pay the money but when Showtime quit he lost faith in them paying back his money and now while he is seeing that Haymon lost a lot of power and his (floyds) money is shrinking, he said to himself enough is enough i will sue.
        -------------------
        Floyd was going to be BROKE whether he got paid ALL of his money or not. The kind of money Floyd made in the last 5 years of his career is what we call conglomerate or corporate money. Hundreds of millions of dollars. Floyd did not have a money manager or an accountant or a lawyer or even a payroll account system to pay his "employees". He simply handed out bundles of cash to people that worked for him.

        I am a big Floyd fan, as a boxer, and if he is broke, so be it. He deserves to lose it all.

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        • 57Blues
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          #5
          You mean the Ali Act did not keep everyone in check ? No full disclosures, no fair money deals right on down the line.............

          Could care less about the whole thing but it smells of something else.............Maybe just anything to keep a NAME out there.................after all G.Davis is not around to allow him to be mentioned be nice if G.Davis started telling how May-May owes him money now that might make an interesting article hey turn it into a movie get a get outta jail free card with it.....

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          • Liondw
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            #6
            Why, after all the years, is he taking this legal action? Hope his finances are not bad.

            By the way, he made a lot of money in the big Pacquiao fight, but it's nonsense to say he made 600 million for one fight, no way.

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