Have U ever Heard of CDOs They were the thing that were paying the super high interest rate with the triple A rating you are talking about ! How much are most of those bonds worth now ? Zero Heard of the global financial melt down have you?Litlle Floyd has made a payment to the IRS but they want the rest.
Nah.. Floyd never made $20 mil from wrestlemania..it was a hype job to big it up.. lucky if he made 3 or 4 mil Floyd probably lost alot last yr and hence the comeback. He doesnt have that desire to test with the best, hence all the concessions- I am wondering if he really wants this fight at all, personally feel Manny will bust him up good if they ever meet
I heard he made round 5 mil for that PPV. 20 mil was obviously i hype job that got the whole news world talking.
if floyd was in debt the last thing he would have done was take a 2 year break from the sport. lets look at his last 7 fights and try to estimate how much he has made. JMM - $10m Ricky Hatton - $15m Delahoya - $20m Baldomir - $8m Judah - $8m Mitchell - $4m Gatti - $6m thats an estimated $80m in his last 7 fights alone, then his done other things like go on dancing with the stars and wrestlemania, which would make him another couple of million. no way is the guy in debt, you might think that he doesn't spend his money wisely, but he isn't going to throw that kind of money away this quickly. also if he was in debt don't forget that he had a second fight with delahoya lined up which would have made him another $20m, but he decided to turn delahoya down. probably no other boxer in the world would be able to that.