BoxRec

Emmseegee wrote:No matter what is ever said i struggle to believe that mayweather is or ever will be short of cash.

Finch wrote:One way to solve his cash flow problems is to face the Pacman!

carlbcfc wrote:But they only pay what they should of paid anyway right? Pay your bills like the rest, or face the consequences later on, simple really.

carlbcfc wrote:Not meaning anything racial here, but why does it always seem to be the black boxers money troubles we hear about?

Gray-Fox wrote:

carlbcfc wrote:Not meaning anything racial here, but why does it always seem to be the black boxers money troubles we hear about?

Precisely.

Apparently because he is black and likes bling, he's suddenly broke. Half the shit he has is given to him, and most of it he paid for years ago. I think people underestimate how much money Floyd has made, and how overestimate how much stuff costs.

You never hear about Carl Froch being busto, yet he spends money and I'd be surprised if he;s even made 5 million in his career.

Gray-Fox wrote:Yeah I heard that too.

Mayweather has a $17m mansion lol, which I'm sure dwarfs Froch's portfolio by about $16m.

King Geedorah wrote:

ArtOfWar wrote:

Emmseegee wrote:No matter what is ever said i struggle to believe that mayweather is or ever will be short of cash.

That's being short sighted. These super rich celebrities & athletes live beyond their means more than anyone. I bet Floyd goes through money like it's water. The taxman has also cained him. Floyd will go bankrupt one day after he retires.

Aye, rumoured to be hit with a 6.1 million bill a few years ago & although he gets big purses he will get hammered on each & every one of them. He's got houses worth millions but the size of property necessitates a lot of money for bills, upkeep etc. & his lifestyle is lavish.

Since being hit by the IRS in 2009 he's fought twice, with one due to be contested this year, so I think the post I made above may be closer to the truth than people think.

Mike Tyson made more money than Floyd over his career, he's not broke per se but nowhere near as cash rich as he should be.

The tax system in America works well if you're economically sound or have great advisers, if you don't then you can quickly end up owing a load of money & find yourself in a position where the bulk of purse gets swallowed up by them. In relative terms Joe Louis made a lot of money, even though his management signed a wedge of his purses over to Braddock, but he still ended up owing a lot to Uncle Sam & the government broke him in a bid to take the money.

I've read in the past cases where top fighters have lost almost an entire purse to the federal government & have had to make plans to squirrel away a couple of hundred thousand from their wage in order to get something out of their fights.

It is a vicious cycle in the US if you owe the government dosh.

Gray-Fox wrote:How the hell do you know he isn't paying tax? The guy's a world class fighter with a top class team, come on.

King Geedorah wrote:

ArtOfWar wrote:

Emmseegee wrote:No matter what is ever said i struggle to believe that mayweather is or ever will be short of cash.

That's being short sighted. These super rich celebrities & athletes live beyond their means more than anyone. I bet Floyd goes through money like it's water. The taxman has also cained him. Floyd will go bankrupt one day after he retires.

Aye, rumoured to be hit with a 6.1 million bill a few years ago & although he gets big purses he will get hammered on each & every one of them. He's got houses worth millions but the size of property necessitates a lot of money for bills, upkeep etc. & his lifestyle is lavish.

Since being hit by the IRS in 2009 he's fought twice, with one due to be contested this year, so I think the post I made above may be closer to the truth than people think.

Mike Tyson made more money than Floyd over his career, he's not broke per se but nowhere near as cash rich as he should be.

The tax system in America works well if you're economically sound or have great advisers, if you don't then you can quickly end up owing a load of money & find yourself in a position where the bulk of purse gets swallowed up by them. In relative terms Joe Louis made a lot of money, even though his management signed a wedge of his purses over to Braddock, but he still ended up owing a lot to Uncle Sam & the government broke him in a bid to take the money.

I've read in the past cases where top fighters have lost almost an entire purse to the federal government & have had to make plans to squirrel away a couple of hundred thousand from their wage in order to get something out of their fights.

It is a vicious cycle in the US if you owe the government dosh.