It Looks Like $ Problems For Mayweather

[Horus]

But did he pay taxes on all that?

The Government automatically take their 7% of cut of the fight money before Mayweather even cashes his checks...

[Sin City]

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

Funny how you scure away from the point.. My point is he has always had money problems.
De La Hoya bailed him out once.. now he is looking for someone to do it again.

The funny thing is you post how much money he makes but you don't know **** about his expenses.
Michael Jackson makes wayyy more then Mayweather and even he was going bankrupt.
If you are spending a lot of money and not paying taxes, you can lose lots of money quick.

You add the fact that Michigan and Nevada are two of the places MOST affected by recession.. These houses he bought down here and over there, they aren't worth what they used to be, he ended up losing money on that property and that is FACT.

Poor Floyd needs De La Hoya to bail him out again.. that's the reason why he signed a 5 fight deal contract instead of going on a fight to fight basis. Even though he doesn't like De La Hoya, he is forced to let him pimp him

[Horus]

Funny how you scure away from the point.. My point is he has always had money problems.
De La Hoya bailed him out once.. now he is looking for someone to do it again.

The funny thing is you post how much money he makes but you don't know **** about his expenses.
Michael Jackson makes wayyy more then Mayweather and even he was going bankrupt.
If you are spending a lot of money and not paying taxes, you can lose lots of money quick.

You add the fact that Michigan and Nevada are two of the places MOST affected by recession.. These houses he bought down here and over there, they aren't worth what they used to be, he ended up losing money on that property and that is FACT.

Poor Floyd needs De La Hoya to bail him out again.. that's the reason why he signed a 5 fight deal contract instead of going on a fight to fight basis. Even though he doesn't like De La Hoya, he is forced to let him pimp him

None of us know what Mayweather has brought and how much he has spent.
But we do know How much he has earned and what his networth is...
And his networth is ocer 150 Million +...

To say he is broke because he owes 6 million in property taxes is quite ****** when he networth over 150 million...

And he has made 66 million in combined 2007 and 2008..
and he will make 20 more million in 2009..

What you are doing is hating. Plain and Simple.

and Why Not do business with Golden boy if they provide you with a clear pathway to 20+ million every fight? That seems like good business to me.

[oc9979]

The Government automatically take their 7% of cut of the fight money before Mayweather even cashes his checks...

the 7% is estimating. but there are tax table for the amount of money someone made. so just because you have withholding doesnt mean he paid his taxes. did he paid taxes in the endorsement?

[Lady Fan]

None of us know what Mayweather has brought and how much he has spent.
But we do know How much he has earned and what his networth is...
And his networth is ocer 150 Million +...

To say he is broke because he owes 6 million in property taxes is quite ****** when he networth over 150 million...

And he has made 66 million in combined 2007 and 2008..
and he will make 20 more million in 2009..

What you are doing is hating. Plain and Simple.

and Why Not do business with Golden boy if they provide you with a clear pathway to 20+ million every fight? That seems like good business to me.

I don't think anyone is hating. You must realize that a big "Yard Sale" such as the one being planned really shouldn't be necessary if Floyd is truly "****** Rich." JAT

[Doctor_Tenma]

I don't think anyone is hating. You must realize that a big "Yard Sale" such as the one being planned really shouldn't be necessary if Floyd is truly "****** Rich." JAT

Yeah, he's better off throwing it away.

[Horus]

the 7% is estimating. but there are tax table for the amount of money someone made. so just because you have withholding doesnt mean he paid his taxes. did he paid taxes in the endorsement?

Federal Taxes (7%) come out automatically..
People get caught up in tax evasion all the time...Just ask President ***** Nominees ..So I am not Saying floyd is not capable of tax evasion.

But if Floyd was cheating the government it wouldnt be from his fight night money or his endorsements ...

it would be from his property taxes and from not reporting money he makes from his mayweather promotions..

People usually get caught up when they dont report the income they make independently of somebody else...Not when they are dependent on somebody else like a fight night check or a endorsement..

[Brandish]

Funny how you scure away from the point.. My point is he has always had money problems.
De La Hoya bailed him out once.. now he is looking for someone to do it again.

The funny thing is you post how much money he makes but you don't know **** about his expenses.
Michael Jackson makes wayyy more then Mayweather and even he was going bankrupt.
If you are spending a lot of money and not paying taxes, you can lose lots of money quick.

You add the fact that Michigan and Nevada are two of the places MOST affected by recession.. These houses he bought down here and over there, they aren't worth what they used to be, he ended up losing money on that property and that is FACT.

Poor Floyd needs De La Hoya to bail him out again.. that's the reason why he signed a 5 fight deal contract instead of going on a fight to fight basis. Even though he doesn't like De La Hoya, he is forced to let him pimp him

horus countered the lies with factual articles you come back with your own hate filled agenda..nobody cares what you think the facts speak for themselves forbes and sportsillustrated gave you floyds worth for 2007 and 2008 does that make you feel bad inside

[**********]

Mike Tyson is proof that it can happen.

/end of thread.

[WhoreUs]

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

it is of public record.

with an irs lien like that he wouldn't be able to buy or sell any of his properties.

he also wouldn't be able to get a loan without first paying that lien off.