Comments Thread for: Mayweather Didn't Pay Rent, Landlord Says

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  • BuckToothed
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    #11
    Originally posted by Ravishing
    Damn................

    I think Floyd might wanna look into a new moniker lol.
    Maybe that's why he doesn't want to make career-high payday
    since it'll be a tough sell to claim bankruptcy if you have 50mil in the bank.

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    • Carpe Diem
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      #12
      What can i say. Dude is an idiot outside the ring. I thought he would learned alot from Mike Tyson and Holyfield, but i thought wrong. Oh well, as long he give me two more great fights to remember, that's all i care about.

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      • BuckToothed
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        #13
        Originally posted by Jakutindi Wauya
        It's possible there was a contractual dispute
        Ellerbe: "There were no leased to be signed, someone is lying!!!"

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        • GT-R
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          #14
          Originally posted by BuckToothed
          Ellerbe: "There were no leased to be signed, someone is lying!!!"

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          • 2501
            upinurgirlsguts
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            #15

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            • johnm is...
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              #16
              LOL. This place is seriously on Floyd's nuts.

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              • Ravishing
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                #17
                Originally posted by BuckToothed
                Ellerbe: "There were no leased to be signed, someone is lying!!!"

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                • FeFist
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                  #18
                  Originally posted by P4P305
                  What can i say. Dude is an idiot outside the ring. I thought he would learned alot from Mike Tyson and Holyfield, but i thought wrong. Oh well, as long he give me two more great fights to remember, that's all i care about.
                  The article doesn't prove that his money is messed up. If it was his family home then it would be a bad sign but with regards to a self run business it can mean many different things.

                  If you're running a company you'd want it to operate of the money it makes, one way of going in debt is if you're constantly injecting your own money into a business that's not making enough cash. It's possible that the business isn't doing well but that doesn't exactly relate to the money he has stored away as I doubt he'd use his personal belongings as collateral.

                  It could simply be a way of terminating his contract with them, in which case the matter will probably go to court.

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                  • Danny Gunz
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                    #19
                    Is there any question that in 20 years we will be reading about how Floyd Mayweather declares bankruptcy?

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                    • Ravishing
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                      #20
                      Originally posted by FeFist
                      The article doesn't prove that his money is messed up. If it was his family home then it would be a bad sign but with regards to a self run business it can mean many different things.

                      If you're running a company you'd want it to operate of the money it makes, one way of going in debt is if you're constantly injecting your own money into a business that's not making enough cash. It's possible that the business isn't doing well but that doesn't exactly relate to the money he has stored away as I doubt he'd use his personal belongings as collateral.

                      It could simply be a way of terminating his contract with them, in which case the matter will probably go to court.
                      If Mayweather Promotions is an INC and not a LLC and that place is leased under Mayweather Promotions, they indeed could come after his personal assets if it got to that point (i.e. house, car, BOATS, etc) let alone his credit taking a hit. Who really knows though, but I don't believe him owing $60K in past due rent is something of a contractual misunderstanding more than him simply not paying it. It's not the 1st time we've heard about missed payments when talking about Floyd.

                      BTW, does anyone know who Floyd's accountant is??? He might need to hire someone really quick lol.
                      Last edited by Ravishing; 07-29-2010, 02:50 PM.

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