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Do you really think Mayweather is going broke?
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He will be, the things that cause rich, uneducated thugs like Gay to end up broke are lavish spending, child support, the IRS and big entourages.
"Money" Gay seems to have most all those problems.
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Originally posted by WesternChamp View Postgotta take in the amount that floyd spends. he's making bank but he's also spending it like crazy on things that will lose value fast such as watches, cars, etc. he is not investing his money wisely. do i think he's going broke? no, do i think it can happen? yes!
Most of his assets are probably illiquid at the moment. Postponing payment after the fight makes perfect sense.
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None of us are immune to the ravages of living a high lifestyle. Remember its not what you make, its what you keep that matters most. Spending more than you take in is not a good recipe for solvency. Still Floyd has such an inflow of cash that its unlikely he's in dire straits. The notion that he's broke because he owes the IRS back taxes is flawed. We're talking about Floyd Mayweather Jr. here. He's like an Alchemist turning sh&t into gold. I certainly wouldn't worry one bit about him floating to the top in any scenario.
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Originally posted by Death_Adder View PostHe will be, the things that cause rich, uneducated thugs like Gay to end up broke are lavish spending, child support, the IRS and big entourages.
"Money" Gay seems to have most all those problems.
Everything is relative. You make huge money, you spend the same proportion a warehouse worker does.
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Originally posted by Vadrigar. View PostHe Co-promote's With Gary Shaw and Al Haymen with All of their fighters.
He Promotes Most of the R&B and Hip Hop concerts.
(Trey Songz,Lil Wayne,Mary J Blidge, 50 cent,etc)
He still has his endorments with Nike(jordan) and Rockstar.
The guy is second only to Oscar in terms of making money in boxing.
Everything he buys is considered a investment.
House
***elery
Boats
Stocks
Etc.
The guy made more money in 2008 than any boxer. and he didnt even box in 2008...So what does that tell you?
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Where you been man? This is like the 3rd time the IRS will be at one of his fights to collect back taxes. Dude spends lik 10k a day.... how long can a guy afford that? That doesn't count mortgage, car bills, alimony, lost bets, etc.
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Originally posted by Vadrigar. View PostHe Co-promote's With Gary Shaw and Al Haymen with All of their fighters.
He Promotes Most of the R&B and Hip Hop concerts.
(Trey Songz,Lil Wayne,Mary J Blidge, 50 cent,etc)
He still has his endorments with Nike(jordan) and Rockstar.
The guy is second only to Oscar in terms of making money in boxing.
Everything he buys is considered a investment.
House
***elery
Boats
Stocks
Etc.
The guy made more money in 2008 than any boxer. and he didnt even box in 2008...So what does that tell you?
__________________
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