Floyd Mayweather owes $3.4 million

by umer | 4:07 AM in |

Floyd Mayweather owes $3.4 million


Floyd Mayweather owes $3.4 million_By Jason Kim: Floyd Mayweather Jr. reportedly owes $3.4 million to the IRS. This isn’t really big deal because Mayweather will easily pay the money back to the IRS. But what it does mean is that we may be seeing Mayweather sooner or later as his need for money grows.
The real concern for Mayweather isn’t the IRS debt, but rather his legal issues. However, those problems will likely be taken care of by his legal team. But in the worst case scenario, Mayweather could do some time if he’s convicted for domestic violence. There is also the matter of Mayweather’s defamation case with Manny Pacquiao.

If Mayweather loses this legal fight, he’s going to owe money to Pacquiao depending on the award. This too could be a factor that may bring Mayweather back to the ring sooner. If he loses, he’s going to need money. Mayweather hasn’t fought since March of last year in his bout against Shane Mosley. Mayweather seems to fight only when he needs money. When he’s got money, he stays away from the ring. Well, Mayweather might need money soon. In fact, he may need a lot of it.

source: boxingnews24