'Money' Mayweather owes $6 Million to the IRS.......

Discussion in 'World Boxing Forum' started by Guy, Jan 9, 2009.


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  1. Guy

    Guy Boxing Junkie Full Member

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    Revelations that former world No 1 pound for pound pugilist Mayweather has been requested to meet unpaid IRS bills in the US, which public records show to be over 6 million US dollars, are sure to draw the Las Vegas-based Michigan fighter out of 'retirement'.
    By all accounts, his IRS debts relate to 2007. In spite of having earned $20 million for fighting a giant in Wrestlemania last year, Mayweather is not exactly known for his frugal nature.
    With US news sources reporting that he owes $6.2 million in federal income taxes, the 31-year-old - and former world No 1 boxer - looks like he will come out of retirement, a move boxing insiders thought inevitable when he announced it was all over just months before he was due to fight Oscar De La Hoya again.
    Mayweather has hardly had a quiet time in retirement. Last autumn, September, Mayweather was reported to have had $7 million worth of jewelry stolen from his home. It all adds up to Mayweather coming back against Pacquiao late this year, after Pacquiao has faced Hatton, by a long way the easier option for the Filipino fighter.
    The one thing for Mayweather is that by having slowed to one fight a year, it will prolong his career, and his damaged hands. Expect a fight between the pair to be talked about post-Hatton. No question.
     
    Guy, Jan 9, 2009
    Guy, Jan 9, 2009
    #1
  2. PH|LLA

    PH|LLA VIP Member Full Member

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    Mayweather needs Pacquiao so bad its not even funny.
     
    PH|LLA, Jan 9, 2009
    PH|LLA, Jan 9, 2009
    #2
  3. downthatbottle

    downthatbottle Please don't ban me Full Member

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    It's been posted already, but I am pretty sure that he is going to fight again.

    Losing 7 mil in jewelry and owing 6 mil to the IRS is going to make him come back whether he likes to or not.

    He seems to spend money like he is a billionaire when he isn't.
     
    downthatbottle, Jan 9, 2009
    downthatbottle, Jan 9, 2009
    #3
  4. rreed23

    rreed23 aka Gordon Gekko Full Member

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    He will be fighting Hatton again as Hatton will destroy Pacquiao.
     
    rreed23, Jan 9, 2009
    rreed23, Jan 9, 2009
    #4
  5. Rico Spadafora

    Rico Spadafora Master of Chins Full Member

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    I am not going to call a guy "Money" when he owes 6 million to the IRS.

    That is idiotic
     
    Rico Spadafora, Jan 9, 2009
    Rico Spadafora, Jan 9, 2009
    #5
  6. jaysuperman27

    jaysuperman27 Superman Full Member

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    Oct 18, 2008
    well thats sad..anyway he's just been a year away from boxing..not old enough..can still come back fighting without risking his health..he can earn his millions again by fighting again
     
    jaysuperman27, Jan 9, 2009
    jaysuperman27, Jan 9, 2009
    #6
  7. Guy

    Guy Boxing Junkie Full Member

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    How about 'Lend me some Money' Mayweather
     
    Guy, Jan 9, 2009
    Guy, Jan 9, 2009
    #7
  8. Guy

    Guy Boxing Junkie Full Member

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    The man on your Avatar,he squeezes that bicep anymore his eyes are gonna POP!!:yikes
     
    Guy, Jan 9, 2009
    Guy, Jan 9, 2009
    #8
  9. TRUEBELIEVER 66

    TRUEBELIEVER 66 Guest

    He's only 31 and having these heavy problems where will he be at 43:-(loses 7 mil worth of jewelry, dosen't pay taxes, and acts like an ******* all the time, he's good in the ring but a dumb**** in life..
     
    TRUEBELIEVER 66, Jan 9, 2009
    TRUEBELIEVER 66, Jan 9, 2009
    #9
  10. Guy

    Guy Boxing Junkie Full Member

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    Dec 15, 2008
    It's a good point,he's not exactly handling his finances well ready for retirement and the future..
     
    Guy, Jan 9, 2009
    Guy, Jan 9, 2009
    #10
  11. catasyou

    catasyou Lucian Bute Full Member

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    And we should care because.......
     
    catasyou, Jan 9, 2009
    catasyou, Jan 9, 2009
    #11
  12. jaysuperman27

    jaysuperman27 Superman Full Member

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    Those are his legs


    just kidding
     
    jaysuperman27, Jan 9, 2009
    jaysuperman27, Jan 9, 2009
    #12
  13. unclepaulie

    unclepaulie Run like an antelope! Full Member

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    Floyd 'IOU' Mayweather
     
    unclepaulie, Jan 9, 2009
    unclepaulie, Jan 9, 2009
    #13
  14. moneymayweather

    moneymayweather Active Member Full Member

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    yea he really ripped the ears off of Santos and Williams huh?
     
    moneymayweather, Jan 9, 2009
    moneymayweather, Jan 9, 2009
    #14
  15. marting

    marting Boxing Addict Full Member

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    Expenditures on bling have little to do with a dispute on owed taxes unless he was gifting the jewelry or spent to an excess that left him short of sufficient funds to pay the taxes.

    Whether he actually owes the money is still a legitimate question. We're talking about the IRS and they're not exactly the bastion of accuracy.

    Plus I'm sure with his money he has a good tax lawyer to come to some type of equitable solution.
     
    marting, Jan 9, 2009
    marting, Jan 9, 2009
    #15
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