Stay Connected
Atlanta Black Star/Entertainment
EntertainmentSports

Shannon Sharpe and Others Have A Lot to Say About Floyd Mayweather’s Alleged Money Woes

Posted byBy Kiersten Willis | Published on: CommentsComments (0)

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.

https://www.instagram.com/p/BWZP1LBgrcO/

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.

Others made fun of Mayweather.

 

 

Democracy needs journalism it can trust.

This election season, the stakes are higher than usual — and so is the pressure on newsrooms to soften their coverage, stay quiet, or just disappear. Independent reporting, the kind that answers to readers instead of advertisers or political pressure, matters more in a moment like this, not less.

For over 14 years, Atlanta Black Star has stayed independent and reader-funded. We have no corporate owner and no shareholders telling us what to cover or how to cover it. That independence is also our biggest vulnerability: nothing protects it except readers choosing to fund it directly.

Newspaper ad revenue has fallen more than 80% since 2005, and local newsrooms are closing at a rate of roughly two a week nationwide. When outlets go under in a moment like this, it's rarely the independent, reader-funded ones that get to stick around.

We know a request for support isn't why you came here. But without readers choosing to fund this work directly, the depth of reporting we can do at home and abroad shrinks along with everyone else's. If you're not in a position to give, that doesn't change how much we value you as a reader.

If you are able to, a recurring contribution does more for us than a single one-time gift, because it lets us plan the next investigation instead of just the next invoice. It takes about 30 seconds, no long form, no account. Thank you for continuing to support independent journalism and freedom of the press.

Give once Give monthly Support another way

Related Stories

Back to top