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It Looks Like $ Problems For Mayweather

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    #11
    Originally posted by JoeKickAss View Post
    Examples of this?
    here you go:





    article from above link:

    Vegas ***elers file lawsuit against Floyd Mayweather Jr.
    By Christina Almeida, The Associated Press
    LAS VEGAS — A ***elry company has sued Floyd Mayweather Jr., claiming the world champion boxer owes tens of thousands of dollars for a number of custom pieces, including a diamond-encrusted belt buckle bearing his name.

    ***elers of Las Vegas filed the lawsuit this week in Clark County District Court, claiming breach of contract. Mayweather has an unpaid bill of $124,000 for more than 20 pieces of ***elry purchased from the store since June 2004, according to the lawsuit.
    Lawyer Frank Cremen, who represents the ***eler, said Mayweather promised on a number of occasions to make the account current, but the "running balance has gotten excessive."


    "The account is fairly sizable, and he has just not paid it off," Cremen said.

    Mayweather, who grew up in Grand Rapids, Mich. but lives and trains in Las Vegas, could not be reached for comment. Messages were left Thursday and Friday for his lawyer.

    Mayweather, who is undefeated in 34 fights, took the WBC 140-pound title from Arturo Gatti during a bout last month in Atlantic City He previously won the WBC super featherweight and lightweight belts.

    Leor Yerushalmi, vice president of ***elers of Las Vegas, said Mayweather promised to pay off the balance after a bout with DeMarcus Corley last year and after the Gatti fight. Instead, Mayweather asked to return some custom pieces, including the belt buckle and dog tags encrusted with white and yellow diamonds.

    Yerushalmi said his company was willing to accept the items and give Mayweather credit toward future purchases, but wanted the balance paid. When Mayweather failed to do so, the company filed suit.

    "I was left with no other option," Yerushalmi said. "It's just unfortunate because I considered him a very close friend."

    The lawsuit, filed Monday, is the latest legal battle facing the 28-year-old boxer. He is scheduled for trial Tuesday on three felony charges stemming from a December 2003 incident in which he is accused of striking the mother of his three children at a Las Vegas nightclub.

    In February, Mayweather was fined and ordered to perform community service after pleading no contest in Grand Rapids to a charge of misdemeanor assault and battery for a bar fight.

    Mayweather, who grew up in Grand Rapids, lives and trains in Las Vegas.

    Last year, Mayweather was convicted of misdemeanor battery stemming from a fight with two women inside a Las Vegas nightclub. He received a suspended one-year jail sentence and was ordered to undergo "impulse-control" counseling.
    Last edited by Sin City; 05-25-2009, 03:15 PM.

    Comment


      #12
      Originally posted by Horus View Post
      Floyd Made $40,250,000 in 2008!!!!

      Floyd Mayweather Jr.
      Boxing
      $20,000,000 Salary/Winnings
      $20,250,000 Endorsements
      ____________________________
      $40,250,000

      It's been a monster year for Pretty Boy, who made $20 million in purse and pay-per-view shares for his fight with Ricky Hatton and another $20 million for his foray into professional wrestling.





      Floyd Made: $26.5 Million.2007


      Floyd Made :$40,250,000 in 2008


      Floyd has made 66,750,000 Dollars in the last 2 years.

      And Before 2007.

      Floyd was making 3 million a fight Minimum since Emanuel Augustus.
      Had a $12 million, seven-fight contract offer from HBO. Starting with
      Emanuel Augustus.

      After that He was making around 70-30 or 80-20 with whoever he would fight.Meaning he was making a minimum of 4 million a fight since Corely...

      Thats why his Networth is over 150 Million Dollars...




      Why else would he be on the BLOOMBERG business channel?
      ...Go to 3:23 on this video

      It is obvious the person who wrote that article is spending his opinion and he is not a more reliable source than Forbes or Sports Illustrated..

      Comment


        #13
        Originally posted by Horus View Post
        Floyd Made $40,250,000 in 2008!!!!

        Floyd Mayweather Jr.
        Boxing
        $20,000,000 Salary/Winnings
        $20,250,000 Endorsements
        ____________________________
        $40,250,000

        It's been a monster year for Pretty Boy, who made $20 million in purse and pay-per-view shares for his fight with Ricky Hatton and another $20 million for his foray into professional wrestling.





        Floyd Made: $26.5 Million.2007


        Floyd Made :$40,250,000 in 2008


        Floyd has made 66,750,000 Dollars in the last 2 years.

        And Before 2007.

        Floyd was making 3 million a fight Minimum since Emanuel Augustus.
        Had a $12 million, seven-fight contract offer from HBO. Starting with
        Emanuel Augustus.

        After that He was making around 70-30 or 80-20 with whoever he would fight.Meaning he was making a minimum of 4 million a fight since Corely...

        Thats why his Networth is over 150 Million Dollars...




        Why else would he be on the BLOOMBERG business channel?
        ...Go to 3:23 on this video

        You do know there are such things as taxes?

        Comment


          #14
          Originally posted by Horus View Post
          It is obvious the person who wrote that article is spending his opinion and he is not a more reliable source than Forbes or Sports Illustrated..

          Just think if he didn't pay taxes on let's say 40 million from a couple of years ago.

          With interest compounding he'd get hammered.

          Tax liens are public record so you could probably look it up too

          Comment


            #15
            Originally posted by Sin City View Post
            here you go:



            What does a 2005 article has to do with the money he has recently made in 2007, and 2008?

            Floyd Made: $26.5 Million.2007


            Floyd Made :$40,250,000 in 2008

            Comment


              #16
              Originally posted by Horus View Post


              WATCH AND EDUCATED YOURSELF!!!!
              I truly don't want to see Floyd fail especially having been successful in a good career but the reality is regardless of what he makes or generates money wise, if he can't manage to keep it then true success is really not with him. JAT

              Comment


                #17
                Originally posted by Horus View Post


                WATCH AND EDUCATED YOURSELF!!!!
                lol @ floyd saying dlh/floyd and hatton/floyd was done in a recession.

                Comment


                  #18
                  Originally posted by Horus View Post
                  What does a 2005 article has to do with the money he has recently made in 2007, and 2008?

                  Floyd Made: $26.5 Million.2007


                  Floyd Made :$40,250,000 in 2008
                  Yeah, I don't care in the end but the lien was for the tax year 2007.

                  They don't do witholding on a 40 million dollar purse... LOL.

                  I don't think I'd mind 6 million with that kind of cake....

                  Comment


                    #19
                    Originally posted by Horus View Post
                    What does a 2005 article has to do with the money he has recently made in 2007, and 2008?

                    Floyd Made: $26.5 Million.2007


                    Floyd Made :$40,250,000 in 2008
                    But did he pay taxes on all that?

                    Comment


                      #20
                      Originally posted by jreckoning View Post
                      Just think if he didn't pay taxes on let's say 40 million from a couple of years ago.

                      With interest compounding he'd get hammered.

                      Tax liens are public record so you could probably look it up too
                      His taxes are form his property if i remember correctly which was 6 million..
                      The Government automatically take their 7% of cut of the fight money before Mayweather even cashes his checks...

                      So how does owing 6 million when his networth is 150+ make him broke...?
                      he is the 4th highest paid athlete in the world..

                      The claims that he is broke is complete hating..

                      Comment

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