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

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  • #51
    Originally posted by Realizniguhnit View Post
    Lame. Just stop commenting man you sound foolish, it's not like Floyd ******** 20 million a year Floyd probably doesn't even gamble 5 million a year.. And even then he probably breaks even at worst..
    Now of course! Wait 10-20 years after he retires.You'll see him more on event/mall signing autographs.

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    • #52
      Originally posted by QballLobo View Post
      What do you mean there is no indication he will go broke? The guy was on the IRS speed dial until recently and if it wasn't for Oscar giving him a loan in exchange for him coming back to boxing under Golden Boy Floyd would have done more jail time for tax evasion.
      Antoine walker had $100 million in the bank as well and the guy is making 30 grand in the D league now to make ends meet. The problem comes when those paydays stop coming in but the leechers don't stop putting their hands out.
      Take it with a grain of salt but 50 told everyone that he has more money than Floyd and that Mayweather pretty much goes broke before every fight. Maybe that's a reason why he is intent on fighting two time a year until he is done to cash out and maybe that's why he is not willing to risk the 0.
      I work in finance and i see it all the time albiet on a smaller scale. People that were used to spending without a budget have a hard time reining it in when the money stops coming in. And its not like he has any endorsements and lets face it TMT is not viable income for his lifestyle and Mayweather promotions appears to make money for Haymon instead of Floyd.
      Maybe he has matured and has made better long term financial decisions. If he has good for him and his family but to say him going broke is in an impossibility is pretty naive.
      Ok you in finance then why don't you account for Floyd's paid off assets like 3 homes in NV, FL, CA and other RE he claims to be heavily invested in. He's not going broke. 50 says a lot of thing maybe he is the one that's insecure he hasn't been hot for a while now. Floyd still receives residual checks and will make another 200 million before his career is over so even IF he did go broke he'll be fine now. He can always come back in 10 years and whoop some young hyped up bum regardless..

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      • #53
        Originally posted by BattlingNelson View Post
        We'll see about that. There's also child alimony (word?). We all know he likes to flash his tiny pecker and it's not always just for the pleasure of Leonard Ellerbe.
        Haters never prosper..don't be such a hater. Floyd rich, as much as you would like he's not going to go broke, deal with it. Floyd has a better chance of losing a fight then going broke..

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        • #54
          Larry Holmes is a fool. If he made bad decisions with his money and didn't have something to fall back on after boxing he paved his own road to a broke lifestyle. To envy Floyd and predict he will be broke is pitiful talk coming from a man.

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          • #55
            Originally posted by Realizniguhnit View Post
            Haters never prosper..don't be such a hater. Floyd rich, as much as you would like he's not going to go broke, deal with it. Floyd has a better chance of losing a fight then going broke..
            Who would have thought that Louis, Ali, Tyson, Holyfield, Michalszewski etc. who all made tons of cash in their day, would go broke? Well only those who know boxing history... Most fighters haven't got a clue about money and Floyd surely isn't the sharpest knife in the drawer.

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            • #56
              Originally posted by BattlingNelson View Post
              Who would have thought that Louis, Ali, Tyson, Holyfield, Michalszewski etc. who all made tons of cash in their day, would go broke? Well only those who know boxing history... Most fighters haven't got a clue about money and Floyd surely isn't the sharpest knife in the drawer.
              None of those guys you named come close to Floyd's career earnings. So you can't compare Floyd to them.

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              • #57
                Reading some of these posts from you people show how low people out there are. Actually trying to explain how this man will eventually go broke!

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                • #58
                  The sky is blue, water is wet, and athletes are terrible with money.

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                  • #59
                    Larry Holmes net worth is 18 million. If that's broke, I'm ****ing destitute.

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                    • #60
                      Originally posted by Realizniguhnit View Post
                      None of those guys you named come close to Floyd's career earnings. So you can't compare Floyd to them.
                      How much did they earn in todays dollars?

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