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Floyd Mayweather, who is nine years into retirement from a 21-year pro career in which he became the biggest star of his time and claims he earned more than $1 billion from a series of mega pay-per-view events, has sued Showtime, his longtime broadcast home, claiming that the network assisted Al Haymon, his former manager, of stealing $340 million from him, although Haymon is not named in the suit.
Mayweather, who filed suit in California state court, is seeking to “recover hundreds of millions of dollars in the misappropriated funds and damages resulting from a long-running and elaborate scheme of financial fraud,” allegedly perpetrated by Haymon.
The suit claims Haymon received “substantial participation and aid” from Showtime and former Showtime Sports president Stephen Espinoza, who is also a defendant. Showtime Sports was shuttered at the end of 2023 and Espinoza now works with Haymon’s Premier Boxing Champions as a consultant.
Among Mayweather’s claims are that Haymon misappropriated a “significant portion of his career earnings” with the help of Showtime and Espinoza and that money is still “missing and unaccounted for.”
Mayweather had the final seven fights of his career with Showtime, including the most lucrative of his career against Manny Pacquiao, Conor McGregor and Canelo Alvarez, and alleges that Showtime and Espinoza “effectively delivered money owed to Floyd directly into Haymon’s hands by sending (it to) accounts essentially controlled by Haymon.”
Fight Freaks Unite has obtained a copy of the 25-page lawsuit, which lays out all of Mayweather’s allegations. You can read the full lawsuit here:
