Originally posted by GrandmasterWang
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Comments Thread For: Mayweather Owes Taxes, Asks IRS to Wait For McGregor Fight
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Originally posted by Francis M. View Postthey would have to sell 5mil ppv for the fighters to earn what you are talking about. I'm not feeling sorry for Floyd but he has to question why he cannot generate millions from endorsements?
thank god
the cvnt is insufferable enough as it is
but yea, folks be running around using that B-word..... as Mayweather is forking over duffel-bags of cash to buy new Rollers for his boys LMAO
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Originally posted by !WAR CHAVEZ! View Postdidnt know wearing cloths was life threatening. idiot.
if you gonna hate make it make sense lmfao.
Oscar is a cross dressing F***** and coke head alcoholic who bails on his top fighter before big fights cause he can't get his own s*** together. He'll lose his company and be cutting grass for a living in 10 years. It's in his blood.
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Originally posted by TexasCowBoy View PostGreat Post
it was horse-shht, but you happily lapped it up anyway
that guy said this..... "If his advisors had done a better job he would have already paid for his Pacman fight debt from his profit from it rather than needing the McGregor fight cash to clear it!"
GrandmasterWang did not even read the article, otherwise he would know that the debt is from 2006, NOT the Pacquiao money..... and how come you never picked up on that either?
seriously, Mayweather made 250mil+ from Pacquiao..... how on earth would 1.6mil cover the tax? that guy should have known better, but he didn't
so, I guess GrandmasterWang also missed this part.....
The government, meanwhile, argues that Mayweather has the ability to pay his taxes in full or part. “The agency said that Mayweather had various options available … including by selling property, withdrawing cash from other accounts or taking out a loan,” the Law360 report said.
there is a whole lot of silliness happening in this thread
Mayweather seems to do that to people LMAO
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Originally posted by Shape up View PostI really will wonder how his fanboys will be if his fraud fight fails in PPVs
how will the pac-tards react after the McGregor fight when they realize that Mayweather will likely have HALF-A-BILLION CASH at his disposal..... and you fk-boys have been running around saying that he is broke?
or am I shooting short..... ?
200mil already
plus the 275mil from Pac
plus another 200mil from McGregor
..... or will it be 300mil from McGregor..... ?
I don't know man, it could be 700-800mil CASH..... despite not being able to read Floyd is sooooo much better at maths than me
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Originally posted by aboutfkntime View Posthow will the pac-tards react after the McGregor fight when they realize that Mayweather will likely have HALF-A-BILLION CASH at his disposal..... and you fk-boys have been running around saying that he is broke?
or am I shooting short..... ?
200mil already
plus the 275mil from Pac
plus another 200mil from McGregor
..... or will it be 300mil from McGregor..... ?
I don't know man, it could be 700-800mil CASH..... despite not being able to read Floyd is sooooo much better at maths than me
All Floyd has to do is sell all his properties, buy a small house and a decent car,
live as far away from Las Vegas as possible, put his money in the bank and live below his means.
Which is what you're missing. He can earn all these millions of dollars
in his fights but if he continues to spend more than he earns, he'll end up becoming a beggar.
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Originally posted by champion4ever View PostOk, but eventually he could end up like Wesley Snipes by serving up to three years in a federal penitentiary, if he continues down this road of searching up these new tax loopholes in order to avoid paying his fair share of taxes. That sounds eerily similar to tax evasion to me, if I never heard of it. That is if he's doing it very deliberately and illegally.
On a side note I felt the government did Snipes wrong because he actually paid what he owed before his trial but they still made and example of him.
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Originally posted by GrandmasterWang View PostYou do realize Trump has gone bankrupt before right? That is factual. I haven't heard of any articles saying that he is at risk of going bankrupt again now?
Floyd's advisors are not doing a good job at all considering what they have to work with.
If his advisors had done a better job he would have already paid for his Pacman fight debt from his profit from it rather than needing the McGregor fight cash to clear it! Not only that but he would have the liquidity currently to cover his future McGregor fight tax liability already sorted from his previous fight earnings of which he has millions.
Floyd with his earnings should have a far bigger asset portfolio (including liquid assets) than he currently has.
From the article his advisors are doing an absolutely terrible job meanwhile lining their own pockets with Floyd's money.
I hope he uses the McGregor windfall appropriately and has advisors adequately plan for his financial future as it would be a travesty if Floyd ended up losing his fortune like so many boxers before him have done.
I'm really surpried his finances are not in better shape.
The money Team needs to bring in some better money managers!
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