A Miami jeweler says retired boxing champion Floyd Mayweather Jr. owes him millions of dollars for jewelry he purchased but allegedly never fully paid for.
In a lawsuit filed in Miami-Dade County circuit court, AJ’s Jewelry alleges that Mayweather, described as a regular customer for more than 17 years, stopped by the store twice in August 2025 and picked up 15 gold Cuban link chains, one gold bracelet, and 26 luxury gold and diamond Cartier, Rolex, Patek Philippe, and Audemars Piguet watches. The retired boxer asked to pay the $1.675 million he owed at a later date, the complaint (attached at the bottom of this story) alleges.
“Because of the parties’ long-standing relationship and prior transactions, AJ’s Jewelry reasonably believed and relied upon Mayweather’s promises to pay for the jewelry items that it took possession of in full,” the complaint states.
Among the watch purchases are a stainless steel $105,000 Patek Philippe 5711, a $105,000 Stainless Steel Patek Philippe Moon Phase 5726, and a $235,000 Yellow Gold Audemars Piguet Royal Oak Perpetual, according to invoices contained in the complaint.
One of the invoices included in the lawsuit
Mayweather’s attorney did not provide a statement by publication when reached by email.
The Palmetto-Bay-based jewelry store, which first opened in 1993, is the go-to destination for several professional athletes and celebrities. AJ’s Jewelry owner Anthony Machado, nicknamed the “King of Bling,” is perhaps best known as the designer of the Miami Hurricanes’ now-retired “Turnover Chain.”
AJ’s Jewelry claims that Mayweather has paid a total of $300,000 through two separate wire transfers, one on August 21, 2025, and one on October 7, 2025. The lawsuit further alleges that Mayweather submitted five other checks between August and November that bounced. The store says it is still owed $1.375 million.
“AJ’s Jewelry has repeatedly contacted Mayweather both orally and in writing to request payment of the remaining balance for the jewelry,” the complaint reads. “Each time, Mayweather acknowledges the debt owed and promises to pay for the jewelry, then never sends the monies owed.”
Last month, Miami-based jeweler Leonard Sulaymanov filed a federal lawsuit against Mayweather in the Southern District of Florida, alleging that Mayweather failed to uphold a January 2025 settlement agreement that resolved a 2024 federal lawsuit accusing the retired boxing star of failing to pay for $4 million in luxury watches and jewelry.
As part of the settlement, according to the complaint, Mayweather and his close associate, Jona Rechnitz, were obligated to pay an undisclosed sum in three installments. However, Sulaymanov claims that Mayweather and Rechnitz have not complied with the agreement’s terms and have not made the payments on time.
“Then on June 30, 2025, while failing to make the second installment payment, defendants Mr. Mayweather and Mr. Rechnitz were enjoying a vacation in the South of France and bragging about how much money they were spending,” the complaint reads. “Further evidencing Defendants’ arrogant, cavalier attitude about court cases, settlements, contracts, and monetary obligations, on November 26, 2025, while still being in default of the Contract, Mr. Mayweather posted this audacious photo behind millions in cash, saying he ‘just be minding [his] own business’ while ignoring his legal and contractual obligations.”