— UNDISPUTED (@undisputed) July 10, 2017
Floyd Mayweather wants a reprieve from the IRS to settle his 2015 debt after his highly publicized fight with Conor McGregor, and Shannon Sharpe is wondering why the boxer is even in this situation.
“Floyd Mayweather has gone through this before!” Sharpe said Monday, July 10, on “Undisputed,” referring to the boxer’s $6.1 million debt from 2009. “What is it that you don’t get? And I’m even more disappointed because you’re on Instagram and on Twitter flaunting your opulence. You got bales and bales of money. … You big ballin’ and you won’t cut these people [their] money?”
How much Mayweather owes is unknown, and he filed a Tax Court petition on July 5 which says he “has substantial assets” but they are “restricted and primarily ill-liquid,” according to Law360.
“The taxpayer has a significant liquidity event scheduled in about 60 days from which he intends to pay the balance of the 2015 tax liability due and outstanding.”
The formerly retired boxer, who also had $3.4 million IRS lien in 2011, posted on Instagram Tuesday that he paid Uncle Sam $26 million in 2015.
Believe half of what you see and none of what you hear, especially when it comes to media in this country. While everyone is counting my money and assuming the worst, these are the facts… Uncle Sam, received $26,000,000.00 from me in 2015! What else could they possibly want? I'm sure I would have been notified much sooner if there were any real discrepancies right? Bottom line, everybody just wants to be a part of the "Money May" show, including the IRS! That's fine, you can crunch numbers all day but in the end, my empire is rock solid and intact! Now Calculate That! #TMT #FloydMayweather #TBE #Mayweather
Mayweather is scheduled to fight mixed martial artist McGregor on Aug. 26, and watching it will cost $99.95 on pay-per-view in HD. After earning around $220 million for his 2015 fight against Manny Pacquiao, ESPN reported the boxer is expected to earn a similar payout against McGregor.
“It looks to me that a major driving force,” Sharpe said of why Mayweather has been so adamant about the fight. “I always thought it was Conor that wanted the fight. [Mayweather] wanted the big payday. Deep down, Floyd needed this payday because [he’s] gotta settle a score.”
Several Twitter users agreed.
So, it'll cost you $100 to help Mayweather pay his taxes and McGregor retire comfortably. Your move, fans.
— Kevin McRae (@McRaeWrites) July 10, 2017
Taking this fight making sense now. Floyd in money trouble. Smfh. https://t.co/bTyY0CIMQH
— That Blame Guy (@ImToBlame) July 10, 2017
So let's see here — Mayweather-McGregor isn't the event of the summer, it's a gigantic bake sale for the IRS. Please, o meteor, come soon.
— Ray Ratto (@RattoNBCS) July 10, 2017
Others made fun of Mayweather.
So Floyd been lying bout being rich 🤦🏽♂️ pic.twitter.com/UNn7r5wnTX
— Khalid Hill (@Thatboylid80) July 10, 2017
Floyd acting like me when it comes to my cell phone bill.
— Heavy Weight Champ (@Melly2times) July 10, 2017
IRS: Floyd. Where is our money?
Floyd: I ain't got it.
50 Cent: Floyd just had 20 million on Instagram Live
Floyd Mayweather: pic.twitter.com/YOt0wJH6yA
— ThisPodcastFllwsBac (@TripleTeaaa) July 11, 2017