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Floyd Mayweather’s financial troubles continue to get worse.
A few days ago, it was reported that Mayweather was facing charges for allegedly writing a bad check for some jewelry.
Via NY Post
Boxing legend Floyd Mayweather is facing two felony charges after allegedly passing a bad check while buying a $200,000 watch in Las Vegas, according to Nevada court records.
The 49-year-old boxer is facing “theft, value $100,000 or greater” and “draw or pass check with intent to defraud, value $1,200 or greater.”
Boxing promoter CSI is now accusing Mayweather of accepting a $4.5 million advance for a fight against Manny Pacquiao before ghosting them and accepting another offer from Netflix.
Via TMZ Sports
CSI claims they made $4.5 million in combined payments to Mayweather’s management company, Frist Apex Ventures, to get the exclusive rights to the events … and says Floyd personally signed off on the deal.
CSI says Floyd wasted no time turning on them, claiming the day after they paid him a separate $150K advance, he announced he was fighting Greek kickboxer Mike Zambidis instead of Tyson … with a different promoter.
They also claim Mayweather secretly signed a separate deal with another company to stream the fight with Pacquiao on Netflix from the Sphere in Las Vegas.
The promoter is now attempting to get Mayweather’s future fights cancelled if they don’t get their money back.
In addition to seeking damages or at least getting their money back, the promoters are also asking the court to stop Floyd from fighting Zambidis next week and to prevent the Netflix event from going in violation of their exclusive deal.