Sports

Inside Floyd Mayweather’s $7.3M IRS Tax Lien and Ongoing Lawsuits

From a $7.3M IRS lien to rent and jewelry claims, here’s how multiple legal disputes intersect with Mayweather’s potential return to the ring.

Floyd Mayweather Hit with $7M IRS Tax Bill
Mick Akers/Las Vegas Review-Journal

Floyd Mayweather is facing another major financial issue after the IRS filed a $7.3 million tax lien against the retired boxing champion in Las Vegas.

According to Business Insider, the lien covers unpaid federal taxes tied to 2018 and 2023. The filing states the balance remained unpaid as of March 26 and gives the government the ability to pursue Mayweather’s assets until the debt is resolved. An attorney for Mayweather declined to comment.

The new tax bill arrives at a busy moment for Floyd Mayweather, who has been preparing for a return to the ring. The former champion is scheduled to face Mike Tyson in an exhibition bout this spring, while a professional rematch with Manny Pacquiao is currently set for September at the Sphere in Las Vegas.

That Pacquiao fight has already become the subject of controversy. Manny Pacquiao’s team recently claimed that Mayweather accepted advance money for the bout before later attempting to change it from a professional fight into an exhibition.

Jas Mathur, CEO of Manny Pacquiao Promotions, told ESPN that Mayweather “signed for a professional fight” and alleged that he is now in breach of contract.

The latest IRS filing is also part of a much larger pattern of legal and financial disputes surrounding Mayweather in recent months.

Earlier this year, the 49-year-old was sued over nearly $338,000 in allegedly unpaid rent for a Manhattan duplex at the Baccarat Hotel and Residences. The apartment reportedly cost $100,000 per month.

Leila Centner, one of the property owners, said she spoke with Mayweather after months of missed payments. “He was surprised,” she told Business Insider. “He had no idea he was that far behind.”

Mayweather is also facing separate lawsuits from two Miami jewelers. AJ’s Jewelry alleges that the boxer left with luxury watches and gold chains worth roughly $1.675 million, but paid only $300,000.

Another jeweler, Leonard Sulaymanov, sued Mayweather and associate Jona Rechnitz over an alleged unpaid settlement tied to nearly $3.9 million in jewelry.

At the same time, Mayweather has been filing lawsuits of his own. In February, he sued Showtime Networks and former executive Stephen Espinoza, seeking more than $340 million over what he claims were “misappropriated funds” connected to his fights.

He also recently sued a Las Vegas supercar dealership, alleging he was misled into paying $1.2 million for a rare 2018 Maybach Landaulet.

Tax issues are not new for Mayweather. In 2023, a federal tax judge ordered him to pay $5.5 million in deficiencies and another $1.1 million in penalties tied to his 2017 taxes.

He previously reached a $22.2 million settlement with the IRS over his 2015 tax bill, the same year he fought Pacquiao for the first time.

Despite the growing list of claims, Mayweather’s attorney has maintained that the boxer is not “experiencing financial strain.”

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