Advertisement
Advertisement
Boxingscene.com

Reports: Mayweather Also Owes IRS $7.2 Million For 2010

As BoxingScene.com reported a few days ago, the IRS claims five division world champion Floyd Mayweather Jr. still owes $22.2 million in taxes from 2015, the year he earned his biggest payday with the blockbuster fight against Manny Pacquiao.

A notice of a federal tax lien filed against the undefeated fighter nicknamed "Money" shows the balance as unpaid as of March 6. The document was filed with county officials in Las Vegas in April.

Mayweather's tax troubles come as he gets ready to come out of retirement to fight UFC superstar Conor McGregor on August 26th at the T-Mobile Arena in Las Vegas.

mayweather_4

Now there are reports stating that the IRS filed a lien for $7.2 million for the tax year of 2010, according to records that show the lien in question as being unresolved. 2010 was the year Mayweather fought and defeated Shane Mosley on Cinco De Mayo weekend at the MGM Grand in Las Vegas.

Regarding the debt for 2015, Mayweather filed a petition last week arguing that as wealthy as he is, he doesn't have the cash on hand to pay his debt. The IRS refused a direct request by the fighter to pay in installments until he is paid for the fight with McGregor, and the agency said it intends to levy Mayweather.

It's the latest in a cycle for Mayweather, who paid $15.5 million in taxes for 2001, 2003-2007 and 2009 only after the IRS filed liens against him, according to documents filed to the Clark County Recorder in Las Vegas.

Mayweather's tax attorney did not return messages seeking comment. Mayweather's manager, Leonard Ellerbe, referred questions to the attorney.

Mayweather has publicly disputed the claims being made by the IRS. He went to social media, stating that he paid the IRS $26 million in 2015, and that he's sure he would have been notified much sooner had there been any "real discrepancies."

Mayweather said: "My empire is rock solid and intact."

User Comments and Feedback (Register For Free To Comment) Comment by Class Act on 07-13-2017

This s hit only comes out when TBE has a fight coming. F uCk IRS.

Comment by DramaShow on 07-13-2017

pay your taxes you piece of ****.

Comment by Rip Chudd on 07-13-2017

[QUOTE=B Phontain;17852777]Omg. Who �� gives �� a �� fkk[/QUOTE] This^^^^^^^^^^^

Comment by 1bad65 on 07-13-2017

[QUOTE=SugarRaRobinson;17854513]Yeah .05% U should try to remember it's all relative. So if his net worth is 71billion, how the fuk is his taxable income rate at .05% ? People like u is why Warren Buffet, Bill Gates and others push…

Comment by SugarRaRobinson on 07-13-2017

[QUOTE=bigjer88;17854540]I don't know if you guys have been over this already...so apologies if you have. There's a big difference between income and capital gains for tax purposes - they are taxed at different rates, and you are not taxed on…

Post a Comment - View More User Comments (120)
Top Headlines Carlos Cuadras Enters Rehab To Deal With Drug Issues Loeffler's Hollywood Fight Night Series Returns on May 22 Photos: Lomachenko Putting in Work For Linares Showdown Keith Thurman Explains Why He Vacated The WBC World Title Chocolatito Appears Unlikely For Golovkin-Vanes Card Jessie Vargas Would Fight Broner in Texas - Rejects Idea of Ohio Saunders: Even if Canelo Beats GGG - He's Still a Cheat To Me News: Matias vs. Estrella Set, Zuhayr Al-Qahtani, Castillo, Villa Photos: Gary Russell, Joseph Diaz - Go Face To Face at Presser Mikey Garcia vs. Robert Easter Unification Next, Says Sulaiman Keith Thurman Vacates WBC Title, Garcia-Porter Ordered Luis Ortiz vs. Dillian Whyte - WBC Final Eliminator Ordered Hearn: Daniel Jacobs Likes The Jermall Charlo Fight Golovkin: 'We'll See' About Having Canelo Rematch in September Adonis Stevenson: I Look Forward To Knocking Badou Jack Out! Broner-Vargas Telecast Peaked at 891,000 Viewers on Showtime Murray: Warren Does My Head In, Must Stop GGG-Saunders Talk Lewis Ritson vs. Paul Hyland, Josh Kelly vs. Kris George - June 16 Claressa Shields vs. Hanna Gabriels Set For June 22, Showtime Dmitry Bivol's Future Plans are Detailed By His Manager Malignaggi Definitely Wants To See a Broner-Vargas Rematch Charlo Wants to Test Himself Against Golovkin 'On the Way Out' Jessie Vargas-Adrien Broner: Afterthoughts Bellew: I'm Ready For War, Ready To Beat David Haye at All Costs Liam Cameron Warns Jenman That He's in For a Real Hard Night Joseph Parker Ready To Face Dillian Whyte To Get Back on Top Horn's Promoter Rips Top Rank For Approaching Crawford-Khan Bellew Fears That it May Take a Death For Boxing To Tackle PEDs Adrien Broner's Post-Fight Antics Create Yet Another Black Cloud GGG Promoter: We Feel Vanes Has Better Credentials Than Spike Francisco Vargas Pushing Hard To Secure Berchelt Rematch Golovkin: Vanes is Not an Easy Fight, This is a Real Guy Photos: Golovkin, Martirosyan - Square-Up at Media Workout Gary Russell: I Don't See Joseph Diaz Fight Being a Long Night Photos: Gennady Golovkin, Vanes Martirosyan - Go Face To Face Photos: Jessie Magdaleno Putting in Work for Isaac Dogboe Photos: Pacquiao, Matthysse - Face To Face at Petronas Towers Tony Bellew: I Had Meetings With UFC Stevenson vs. Jack Now Heads To Toronto, Not Montreal Malignaggi: Charlo and Davis Can Hang With GGG and Loma
Advertisement

Latest Active Forum Threads
Advertisement
Advertisement