US EditionFloyd Mayweather Files $340M Suit Against Showtime, Claims Financial Fraud
Mayweather alleges Showtime and Espinoza diverted fight earnings into accounts controlled by his ex-manager, seeking $340 million for fraud and unpaid 2015 fight proceeds.
- On Tuesday, Floyd Mayweather Jr. filed a lawsuit in Los Angeles Superior Court seeking over $340 million, naming Stephen Espinoza as a defendant.
- Alleging a two-decade pattern, the filing states Mayweather alleges Espinoza and Showtime deposited money into accounts run by his ex-manager Al Haymon.
- Requests for documents revealed Mayweather's team sought accounting for the Pacquiao PPV and the McGregor fight, but were told records were 'lost in a flood', the complaint says.
- Paramount, Showtime's parent company, did not respond, and the 25-page complaint repeatedly cites Haymon yet does not name him as a defendant.
- The case spotlights HBO and MGM Grand, highlighting how untracked purses pose financial risks for prizefighters and affect the boxing industry.
39 Articles
39 Articles
Floyd Mayweather Jr. sues Showtime for $340 million over 'financial fraud' and fight earnings
Boxer Floyd Mayweather Jr. has filed a $340-million lawsuit against Showtime and a former executive. He alleges that they engaged in 'financial fraud' involving a scheme with his former manager.
Floyd Mayweather Mourns Close Friend’s Passing Amid $340M Showtime Lawsuit Drama
While Floyd Mayweather’s persona is often seen as a tough guy, he also share emotional connection with his friends. And that is quite visible, as amid legal drama, the boxing legend is mourning the passing of a good friend. Following a successful professional boxing career, Floyd Mayweather enjoys a luxury lifestyle. And as he enjoys that lifestyle, Mayweather has built good friendships with several luxury goods dealers. One such individual was …
Floyd Mayweather Drops $340 Million Legal Bombshell on Showtime!
Floyd Mayweather is stepping back into the spotlight, this time in court. The retired boxing champion has filed a massive $340 million lawsuit against Showtime, accusing the network of helping his former manager, Al Haymon, cheat him out of millions during his legendary career. Court documents obtained by TMZ Sports describe what Mayweather calls “a long-running and elaborate scheme of financial fraud.” The 48-year-old claims hundreds of million…
Coverage Details
Bias Distribution
- 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
