Floyd Mayweather has been ordered to pay nearly $3 million to a Nigerian media company following a long-running contract dispute tied to appearances he never made.
According to reporting from Black Enterprise, the undefeated boxing legend now owes Zinni Media Concept Limited close to $3 million after interest was added to an earlier court judgment.
The case stems from a 2017 agreement in which Mayweather committed to a series of promotional appearances across Africa. Zinni Media paid him an upfront appearance fee of approximately $210,000, but the events never happened, and the money was not returned.
The dispute made its way through the courts over several years. In 2023, a Los Angeles court ruled in favor of Zinni Media, awarding damages that totaled just under $2.4 million at the time. That amount included more than $1.6 million in principal, over $700,000 in prejudgment interest, along with attorney fees and court costs.
Mayweather appealed the ruling, but the appeal was denied, allowing the judgment to stand and continue accruing interest.
Alex Nwankwo, an executive with Zinni Media, said the company pursued legal action only after years of failed recovery efforts.
“After multiple unsuccessful attempts to recover the appearance fees from Mayweather, we filed a lawsuit in 2018, alleging breach of contract, unjust enrichment, and fraud,” Nwankwo said. “We appreciate that two courts have ruled in favour of Zinni Media Ltd.”
With the judgment finalized, the company's attorneys are now permitted to pursue enforcement measures. Court filings indicate that this could include seizing high-value assets owned by Mayweather, such as a 2015 Bugatti Veyron and a 2015 Ferrari LaFerrari Aperta—both of which individually exceed the total amount owed.
The ruling comes amid persistent public speculation about Mayweather’s finances, something he has repeatedly dismissed. Speaking at The Real Deal’s New York City Forum in May 2025, Mayweather pushed back on the narrative.
“Everybody is entitled to their own opinion, but if that’s what you call having two private jets, owning 100 buildings, and being able to do what you want, then I’m pretty sure everybody is going bankrupt,” he said.
Though retired from professional competition, Mayweather continues to stay in the spotlight through exhibition bouts. He is scheduled to take part in another exhibition later this year against fellow boxing icon Mike Tyson.