Comments Thread For: Larry Holmes Feels Mayweather Will Lose All of His Money

[I Love Jesus!]

Fact: FM is very conservatively invested in many vehicles the public knows nothing about that he can not touch until he is 50, not like Larry, who's lost a building or 2,+ other "investments" in Easton 4 a guy that has no educational skills & a ton of illegitimate kids he needs 2 support...

how do you know?

[I Love Jesus!]

VERY irresponsible "journalism." Larry Holmes did not go broke. I talked with him in Easton like 4 months ago at his bar, where he owns the ENTIRE business complex on Larry Holmes Dr. Even the IRS rents from him. He may not be stinking wealthy but he's clearly got all the money he will ever need. He talked about this thing with Floyd Maynever and he is 100% right. Floyd buys friends. Here in Las Vegas, he FINANCES 200k cars at 29% interest and makes late payments or his handlers make late payments at least 10 times a year with very high penalty fees and credit hits. He buys them from an ****** here named Chopper, who in turn tells everyone how he doesnt pay his bills. Any idiot who FINANCES 200k for car #15 @29%, then goes and gambles 200k on College basketball like its nothing....there is NO WAY IN HELL he will hold on to his money. Not even to mention how many hundreds of thousands he spends on RIDICULOUS crap like his God-Awful "record label" which is really just a front to get chicks in to "audition" at his house in Spanish Trails...or wrapping a whole fleet of vehicles in "Philthy Rich Records" graphics that his cronies can be seen driving around town all day hitting on girls at bus stops.....Floyd is a class a cheese-ball and by 2018 he will be driving a cadillac around town with $6 in his pocket, child support warrants and fans who mock him at every street light for ducking Manny Pacquiao.

hilarious....

[M Bison]

To be fair, you and the rest of the "I Hate Floyd" Club are in here acting as if it's 100 percent fact that he will. Sad, truly

Don't worry in a couple of years their will be adverts where you can just simply phone up 189-GiveFloydDough, If you just donate a meager $3 a month you can feed a man his meth habit.

[radioraheem]

This is probably the biggest BS comment that would come out of someone like Karceno's ******. Floyd is dumb as **** managing his money. In the ring, he is great but managing money. Please...

Yup. The thing is about money is consistent CASH FLOW is way more important than having a large chunk of money in the bank. The reason atheletes go broke so quick is they dont realize how quick millions of dollars can disappear when your cash flow stops.

Floyd's current lifestyle wouldnt be sustainable without his current cash flow of 30-40 mil per fight. Once he retires, he will have to slow down. If he kept up the same spending without a huge income stream, he goes broke in 10 years or less.

If he has $200 million in the bank, he can literally live the rest of his life spending $1 million per year and not go broke. He can spend $2 million per year and not go broke. He can spend $4 million per year and not go broke, because it'll take 50 years to finish it at that rate. If he has only $100 million, he can spend $2 million per year.

That is an insane position to be in, where you can spend a few million at that rate per year. Anyone can go broke though regardless. But I think many cannot comprehend just how much money he makes, which allows him to spend lavishly and still have tons left.

[M Bison]

If he has $200 million in the bank, he can literally live the rest of his life spending $1 million per year and not go broke. He can spend $2 million per year and not go broke. He can spend $4 million per year and not go broke, because it'll take 50 years to finish it at that rate. If he has only $100 million, he can spend $2 million per year.

That is an insane position to be in, where you can spend a few million at that rate per year. Anyone can go broke though regardless. But I think many cannot comprehend just how much money he makes, which allows him to spend lavishly and still have tons left.

OMG!! You so good with maths!!
If I ever need an accountant I shall hire you.

[The Tase]

If he has $200 million in the bank, he can literally live the rest of his life spending $1 million per year and not go broke. He can spend $2 million per year and not go broke. He can spend $4 million per year and not go broke, because it'll take 50 years to finish it at that rate. If he has only $100 million, he can spend $2 million per year.

That is an insane position to be in, where you can spend a few million at that rate per year. Anyone can go broke though regardless. But I think many cannot comprehend just how much money he makes, which allows him to spend lavishly and still have tons left.

1. he doesnt have 200 million in the bank.

2. not only does he not have 200 million (heck even if he did) floyd spends more than 1 million a year.

floyd likes ********. that will be his downfall. he already got swindled before, it only takes getting into debt with the wrong kind of people for floyd to get into some serious trouble.

All you have to do is look at floyd's spending habits to know it aint gonna end well for him financially.

[Nomadic]

With that ******** habbit, heckie yea he is going to be broke after boxing.

[Nomadic]

OMG!! You so good with maths!!
If I ever need an accountant I shall hire you.

You silly...lol

[ironmt]

1. he doesnt have 200 million in the bank.

2. not only does he not have 200 million (heck even if he did) floyd spends more than 1 million a year.

floyd likes ********. that will be his downfall. he already got swindled before, it only takes getting into debt with the wrong kind of people for floyd to get into some serious trouble.

All you have to do is look at floyd's spending habits to know it aint gonna end well for him financially.

When that day comes It will be Interesting to see If the same people that talk about how ****** Pacquiao Is with his money, will say the same about Floyd.

[-Kev-]

I love Floyd's boxing career but his lifestyle, not so much at all. I am not impressed with what he does with his money. It's his money and all, and he's happy doing what he does, but it's definitely not something I look up to, or ever did look up to. If I had his money, the craziest thing I would do is buy a couple of those ******ly expensive apartments in downtown NYC, buy several Maseratis and call it a day, save the rest of the paydays to live like a king when I retire. But he's living like a king now, and we'll see how he lives 10-15 years after retirement.