Boxer Floyd Mayweather Jr. is being sued by a bank in Las Vegas for more than $167,000 unpaid on a loan for a half-million-dollar luxury car. Caleb Langsdale, a lawyer for JP Morgan Chase Bank, said in a lawsuit filed last week in Clark County District Court that the former five-division boxing champion bought the Mercedes Maybach 57S in February 2007 and stopped making monthly payments of more than $9,000 a year later. The bank repossessed the vehicle in January, sold it for $196,000, and is seeking to recoup the difference, the lawsuit said. A lawyer for Mayweather did not immediately respond Monday to a message seeking comment from The Associated Press. A representative for Mayweather said the boxer and his manager were not available. Mayweather was in Los Angeles for an open workout to promote his comeback fight on Saturday against Juan Manuel Marquez at the MGM Grand in Las Vegas. Langsdale declined to comment beyond what was in the lawsuit, but said it was straightforward and needed to be served before a hearing would be set. Mayweather borrowed more than $415,000 at 16 percent annual interest to buy the $528,000 sedan, according to a copy of the contract attached to the lawsuit. to think he has to borrow money for a car, and at 16 percent interest thats so sad if he did'nt have god give boxing talent he truly would be a sad individual so sad that he doesn't have someone close to him that is smart enough to help him manage his money. the guy blows it after every fight he will be just like mike tyson in 15 years broke, the only difference is no one will pay for floyd to make appearences bc no one likes him.
That will make it easy for the government when they auction of his stuff. Watch the link and just bid.
he has had the opportunity to have his biggest legacy and MONEY ppv for the last 2 years and is "busy" all the time atsch
All that money and he could only get a loan for 16 percent? I just got a new car loan and they only charged my ass 4.54atsch answers my question about which of those maybachs was repossesed
This is a ****ing fan made video composed of various pictures from the internet. Floyd didn't have anything to do with this ****. The song was from Atlanta rapper Rocko. This was nothing but another stupid Floyd hating thread.
Floyd hating thread? Floyd would love this thread if he saw it, he craves attention. Mayweather, his cash, shoes, watches, have sent black people back another 30 years.