Boxing Forum
Navigation
Go Back   Boxing Forum > Boxing Forums > Non Stop Boxing

Reply
 
Thread Tools
Old 03-16-2017, 04:26 PM #81
SergioMartinez SergioMartinez is offline
Interim Champion
 
Join Date: Dec 2014
Posts: 733
Quoted: 93 Post(s)
Rep Power: 4
SergioMartinez is a glorious beacon of lightSergioMartinez is a glorious beacon of lightSergioMartinez is a glorious beacon of lightSergioMartinez is a glorious beacon of lightSergioMartinez is a glorious beacon of lightSergioMartinez is a glorious beacon of light
Points: 635,829.57
Bank: 9,430,876,472,531,998.00
Total Points: 9,430,876,473,167,828.00
Default

I don't necessarily believe he was scammed out of alot of money....but..

I do believe that he has been burning through money. He talked about once selling off alots of cars, jewelry and laying off his huge entourage but doesnt seem to be the case.

He still has alot of w-h-o-r-e-s, tons of security, tons of fellas hanging around and still spending like a Active fighter.
SergioMartinez is offline   Reply With Quote
Advertisements
>>>TO REMOVE THESE ADS, PLEASE REGISTER HERE FOR FREE<<<
Old 03-16-2017, 05:32 PM #82
Sugar Adam Ali Sugar Adam Ali is online now
Undisputed Champion
 
Join Date: Apr 2013
Location: Peoria illinois
Posts: 29,281
Quoted: 6856 Post(s)
Rep Power: 77
Sugar Adam Ali has a reputation beyond reputeSugar Adam Ali has a reputation beyond reputeSugar Adam Ali has a reputation beyond reputeSugar Adam Ali has a reputation beyond reputeSugar Adam Ali has a reputation beyond reputeSugar Adam Ali has a reputation beyond reputeSugar Adam Ali has a reputation beyond reputeSugar Adam Ali has a reputation beyond reputeSugar Adam Ali has a reputation beyond reputeSugar Adam Ali has a reputation beyond reputeSugar Adam Ali has a reputation beyond repute
Points: 24,040,294,800,000,806,912.00
Bank: 11,273,122,562,919,165,329,408.00
Total Points: 11,297,162,857,719,166,664,704.00
A beer to go along with your winnings from tonight's bets! :) - Tyler_Durden You know your sh1t! have a beer on me - jas a truly ATG poster - here's an apple to sustain that brain power - jas It's Easter time, here's an Easter Egg for being the most knowledgeable poster bar none - jas Always spitting out the truth. - Augustane 
You made some good and fair points for Pac Algieri matchup - hectari couldnt green, but excellent post on violent crime punishment - sugarsmosley appreciate the green - -jose- cheers - Beercules beer's on me bro - Mike D 
Well said - -jose- racist coward - boxingsupreme87 Real talk - jas war sugar - Mike D No Message - mathed 
Have some popcorn my brotha! - Mighty_Windir Suck my BBC, yall will lose then never see a repurblican win again.,, - STAX ON DECK For think'n you're relevant ! LOL ! - BERNIE'S CORNER Good posts - ΣNΣMY One of the best posters here - 1bad65 
Children with Disabilities - Parkinson's Disease - VACTERL - Young Onset Parkinson's Association - jas Mourning - Anti-Gang - Melanoma - jas Cultural Diversity - Hunger - Leukemia - Lupus - Melanoma - Racial Tolerance - Reflex Sympathetic Dystrophy Syndrome - Self Injury - jas Emphysema - Lung Cancer - Lung Disease - Multiple Sclerosis - jas AIDS/HIV - DARE - DUI Awareness - Epidermolysis Bullosa - Heart Disease - Lymphoma - MADD - Substance Abuse - jas 
World Trade Center Victims and Heroes - Fireworks Safety - jas 
Default

Quote:
Originally Posted by Scipio2009 View Post
Floyd has Haymon, his lawyer, and his accountant, with Ellerbe/McNair/Blake rounding out the day-to-day parts of his operation.

Beyond that, at this point in his life, I'm fairly certain that his camp has everything run through LLCs (costs of "being Floyd Mayweather" are deducted as expenses against any money that comes to Floyd Mayweather, etc). Floyd already cashed out for the "Big Boy Mansion", his LA home (for three of his children), his Miami home, and his New York spot before even having the De La Hoya fight, so there goes that story.

You've tried to paint a picture that simply isn't true, lol. Over Floyd's final 6 years in the sport (From the Marquez return through the Berto farewell), Floyd earned ~$600m off of PPV alone; and that's before counting his money off of the event in Las Vegas (tickets/closed circuit) or any of the other side revenues. 6 years! Pass all of that money through the LLCs/other types of offsets, and Floyd made out like a bandit.

And that's assuming that none of the assets bought with the money earned before his return didn't carry through (by the time of his first retirement, Floyd Mayweather likely had already earned $100m as a prizefighter over those 10 years, with his Las Vegas home and the home for his children, among other assets, already paid for).

Ok, so you bet on the guy that can't read and huge gambler hanging on to his fortune..

I will bet on the guy that can't read and huge gambler to squander his fortune..

Only time will tell
Sugar Adam Ali is online now   Reply With Quote
Old 03-16-2017, 09:09 PM #83
Scipio2009 Scipio2009 is online now
Undisputed Champion
 
Join Date: Apr 2014
Posts: 9,050
Quoted: 3882 Post(s)
Rep Power: 23
Scipio2009 has a reputation beyond reputeScipio2009 has a reputation beyond reputeScipio2009 has a reputation beyond reputeScipio2009 has a reputation beyond reputeScipio2009 has a reputation beyond reputeScipio2009 has a reputation beyond reputeScipio2009 has a reputation beyond reputeScipio2009 has a reputation beyond reputeScipio2009 has a reputation beyond reputeScipio2009 has a reputation beyond reputeScipio2009 has a reputation beyond repute
Points: 50,261,148.54
Bank: 0.00
Total Points: 50,261,148.54
liar - cheeseburger agenda troll - cheeseburger 8===o - cheeseburger agenda troll - cheeseburger enjoy - -MAKAVELLI- 
Default

Quote:
Originally Posted by Sugar Adam Ali View Post
Ok, so you bet on the guy that can't read and huge gambler hanging on to his fortune..

I will bet on the guy that can't read and huge gambler to squander his fortune..

Only time will tell
Whether Floyd can read or not (stupid of you to try and drag up that bull**** again), Floyd has Haymon, the same long-time lawyer, his accountant, Leonard Ellerbe, and his best friend James "P.Reala" McNair as the only people in his inner inner circle.

With his money locked away in income-generating hard assets, his tax structures organized by a longterm accountant he trusts, any legal issues handled by his capable longterm attorney, and the only other folks really involved being people who've had his back before he had any money (and aren't asking him for anything), Floyd is going to be okay.

Floyd's not gambling with his Pacquiao money; Floyd is making 30k-100k bets, largely on favored teams, all largely through the same sports book, lol. No idea if it's still true, but before even the Alvarez fight, Floyd had money locked up in an investment vehicle that was paying him a $12m per year residual, NEVER TOUCHING THE PRINCIPAL, apparently.

Floyd's homes have been paid for, with money that was in his possession before even the Oscar fight; on top of his Las Vegas home, he's got homes in NY, Miami, and LA, with rental properties that he owns all across the country. And that's before you even get into the office spaces that he's got a piece in owning.

Floyd's not Pacquiao.
Scipio2009 is online now   Reply With Quote
Old 03-16-2017, 09:23 PM #84
champion4ever champion4ever is offline
Undisputed Champion
 
Join Date: Sep 2007
Posts: 2,694
Quoted: 698 Post(s)
Rep Power: 18
champion4ever has a reputation beyond reputechampion4ever has a reputation beyond reputechampion4ever has a reputation beyond reputechampion4ever has a reputation beyond reputechampion4ever has a reputation beyond reputechampion4ever has a reputation beyond reputechampion4ever has a reputation beyond reputechampion4ever has a reputation beyond reputechampion4ever has a reputation beyond reputechampion4ever has a reputation beyond reputechampion4ever has a reputation beyond repute
Points: 72,362.21
Bank: 375,610,913,896,729.62
Total Points: 375,610,913,969,091.81
Default

If this is true, then it wouldn't surprise me in the least bit. You take a kid from the ghetto, who grew up poor, from a broken home, with very little to no education, hardly literate and let them earn a lot of fast money very quickly and they can easily become a statistic and fall victim into the trappings of their own success.

This has happened many times in the past to athletes who have come before him. They say on average, your typical athlete will end up broke within five years of retirement.
champion4ever is offline   Reply With Quote
Reply

Share This With Friends

Tags
cash, chunk, huge, mayweather, swindled

User Tag List

Thread Tools

Posting Rules
Forum Jump


 

All times are GMT -4. The time now is 04:00 PM.

Powered by vBulletin® Version 3.8.2
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.