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#1 |
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Contender
ESB Senior Member
Join Date: Nov 2009
Location: Northern Virginia, USA
Posts: 983
vCash: 1000 |
[Only registered and activated users can see links. ]
The defamation lawsuit filed by Manny Pacquiao against Floyd Mayweather Jr. et al has passed its preliminary stage after a Nevada court judge denied Mayweather's motion to dismiss the case. The lawsuit will now go on trial and the case will be heard and decided based on evidence presented in court. To a number of boxing fans, the live lawsuit will put pressure on Mayweather to consider his options to avoid possible conviction that would derail plans for his future fights. Mayweather is facing several lawsuits now pending in Nevada courts including a $3.4 million IRS tax recovery case for his 2009 earnings. Three years ago he was forced to pay $5.6 millionin unpaid taxes for 2007 earnings. Obviously Mayweather needs more money to settle his pressing financial obligations.The IRS case and the different lawsuits now pending in Nevada courts require substantial amount for settlement including legal fees of topnotch lawyers working on his cases. Here are five reasons why Floyd Mayweather Jr may finally decide to face Manny Pacquiao in the ring sooner than most boxing fans think. First, Mayweather has not fought for one year since his unimpressive win over Shane Mosley last year. He needs to fight again to replenish his reported dwindling funds with a large chunk reportedly invested in his film productionventure with his friend 50 Cent. He may have to find a way to get out of the Pacquiao lawsuit to earn a fight. Secondly, it was understandable for Mayweather to take for granted the defamation case filed by Pacquiao during the preliminary stage of the lawsuit. But as soon as the judge denied Mayweather's motion to dismiss and ruled that the case must go on trial, it now becomes a different ballgame for the undefeated boxer. Third, the prospect of being convicted and the possibility of jail term is a serious matter and a possible "way out" is for him to agree on certain terms with Pacquiao and his lawyers for an out of court settlement. Fourth, In a possible settlement, Mayweather could drop his original demand for full random blood test and hopefully agree to seven-day window for random blood sampling as some fans suggest. It may be recalled that Mayweather demanded the test be done all the way up to fight night which Pacquiao rejected claiming he is weaken when blood is drawn from his body few days closer to the fight And finally, the live defamation lawsuit forces both fighters to act swiftly by reaching an out of court settlement before they are both asked to appear in court for cross examination by their respective counsels which could turn embarrassing if one is found lying and a time-consuming exercise as well. |
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#4 |
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Champion
East Side Guru
Join Date: Apr 2007
Posts: 9,051
vCash: 75 |
Floyd better make the fight now, put that money on the side, so when he comes out after 5-10 years, he can still live comfortably.
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#6 | |
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Undisputed Champion
East Side VIP
Join Date: Aug 2007
Posts: 10,011
vCash: 79444 |
Quote:
what a retarded thing to say. |
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#8 |
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hard work! deadicayshin!
East Side VIP
Join Date: Nov 2007
Posts: 10,847
vCash: 1442 |
Common sense here... if you REALLY wanted to fight a guy, would you take a year off in the midst of your potential opponent's climb to international prominence and recognition? Would you walk away from that multi-million dollar venture given:
a) this is the theatre of the unexpected and anyone can be upset on any given night? And one defeat can throw the dynamics of and public appeal for a megafight out the window for good? b) your potential rival has moved into politics and there are rumblings about how much longer he'll be around? c) the media is openly calling you a coward for not taking said fight, thus forever tarnishing your legacy in the process? It's just not the behavior of a man who sees an prime opportunity and wants to exploit it while there's a window. Maybe because it is, in fact, a PRIME opportunity. |
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#13 |
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Belt holder
ESB Addict
Join Date: May 2005
Posts: 2,436
vCash: 2403 |
This.
Floyd is not hurting for money at all! The 3 or 4 million he owes the IRS he can get just by selling some jewelry. I am NOT a fan of the bling or showy lifestyle, but I came across this article which shows some of Floyd's bets and purchases, and the way he lives. It is poorly written in my opinion, and the author is kind of a clown (look at his pictures), but if this guy is hurting for money, then I am Filipino. [Only registered and activated users can see links. ] People who need to change their lives or take action to cover a 4 million dollar debt, do not gamble $300,000 on 1 half of college basketball. The small part of his watch collection that you see in this article is more than enough to cover whatever little winnings Pacquiao might (but likely will not) get from this joke of a trial, and/or what the IRS wants. |
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#14 |
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2011 Poster of the Year
East Side VIP
Join Date: Oct 2010
Location: GA
Posts: 33,587
vCash: 524 |
http://cdn.ifandco.com/wp-content/up...ON-400x300.jpg
damn they said they're 4 million dollars total |
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#15 |
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Byrd Gang, Bitch
ESB Jr Member
Join Date: Feb 2006
Posts: 117
vCash: 1000 |
Can someone please point out the last person who went to jail/prison over defamation of character/slander/libel?
I may be wrong, but I can't think of a single person. This usually ends up with fines, and retractions/apologies. |
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