Browse

Article 1 min read

Floyd Mayweather files lawsuit against Showtime for more than $340 million, alleging network and ex-manager of financial fraud that cost him hundreds of millions.

Share Post

Boxing legend Floyd Mayweather Jr. has filed a lawsuit against Showtime for over $340 million, claiming a "financial fraud scheme" involving his former manager.

Mayweather alleges that his former advisor Al Haymon conspired with Showtime execs to defraud him of "hundreds of millions of dollars" through misappropriated funds.

Floyd Mayweather's Allegations

The lawsuit, filed in California, accuses Haymon of colluding with Showtime and its former president to scheme against Mayweather, diverting significant portions of the boxer's earnings.

Mayweather claims that Showtime and Stephen Espinoza aided Haymon in misappropriating around $340 million from his career earnings, which is still unaccounted for. The boxer is seeking damages for these alleged actions.

Lawsuit Details and Claims

Mayweather lists notable fights from his career, like those against Manny Pacquiao and Conor McGregor, stating that Showtime paid his earnings directly to Haymon-controlled accounts.

Despite years passing since Mayweather switched managers, attempts to review Showtime's financial records were met with claims of loss due to a flood, according to the boxer's allegations.

Mayweather's attorney expressed confidence in winning the lawsuit, emphasizing Mayweather's revenue generation for Showtime and his determination to seek what he believes he rightfully earned.