Celebrity News
🥊 Floyd Mayweather Says $340 MILLION Is Missing — Sues Showtime Over Alleged Massive Money Scheme
Floyd Mayweather might be undefeated in the ring at 50-0, but now he’s stepping into a different kind of fight — the courtroom.
The boxing legend has filed a lawsuit in California claiming he was allegedly cheated out of hundreds of millions of dollars during his career. According to court documents obtained by TMZ Sports, Mayweather says he earned over a billion dollars throughout his legendary run — but claims not all of that money ever made it to his bank account.
Now he’s suing Showtime and former Showtime Sports president Stephen Espinoza, alleging they played a major role in what he describes as a long-running financial fraud scheme.
Interestingly, Mayweather is not suing his longtime advisor Al Haymon directly — but he claims Haymon misappropriated roughly $340 million of his earnings, allegedly with “substantial participation and aid” from Showtime and Espinoza.
In the lawsuit, Floyd says money from some of his biggest fights — including his blockbuster bouts against Manny Pacquiao and Conor McGregor — was allegedly funneled into accounts essentially controlled by Haymon.
Mayweather claims the funds are still “missing” and unaccounted for.
Things reportedly escalated when Floyd switched management teams and his new representatives requested access to Showtime’s financial records. According to the suit, he was allegedly told some of the records were “lost in a flood” or otherwise inaccessible.
Now, the undefeated champ is suing for aiding and abetting breach of fiduciary duty, civil conspiracy to commit fraud, conversion, unjust enrichment — and he’s also seeking punitive damages on top of the $340 million.
His attorney, Bobby Samini, made it clear Floyd isn’t backing down.
“Floyd is one of boxing’s biggest pay-per-view draws. He generated hundreds of millions of dollars in revenue for Showtime. Mr. Mayweather now takes this fight to the courtroom to recover what he rightfully earned. Retiring undefeated at 50-0, Mr. Mayweather will go the distance in the courtroom just as he has in the ring.”
One thing about Floyd — whether it’s gloves or lawsuits, he’s not afraid of a long fight.
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