USA TODAY Sports via Reuters Connect
The IRS is playing hardball with Floyd Mayweather.
Earlier this month, it was revealed that the IRS had put a lien on Mayweather’s properties due to him not paying over $7 million in taxes.
The IRS has filed a $7.3 million lien against famed boxer and entrepreneur Floyd Mayweather Jr. for unpaid taxes in 2018 and 2023.
The lien was filed last month in Las Vegas, where Mayweather has property. The notice shows the balance was unpaid as of March 26. An attorney for Mayweather declined to comment on it.
The lien — through which the government can lay claim to Mayweather’s property until the bill is paid
According to Ring magazine, the IRS is threatening to revoke Mayweather’s passport and prevent him from fighting overseas until he pays what he owes.
Floyd Mayweather’s scheduled June 27 exhibition vs. kickboxer Mike Zambidis in Athens, Greece, is in jeopardy after the IRS notified him of its intention to revoke his U.S. passport, according to documents reviewed by The Ring.
The IRS informed Mayweather of its intention to notify the Department of State in late March, nearly a month before the boxing legend officially announced the exhibition with the Greek kickboxer on April 23.
The IRS explained to Mayweather that the passport action is related to an unresolved seriously delinquent tax debt.
Luckily for Mayweather, he has a huge payday awaiting him when he fights Manny Pacquiao in September on Netflix. We’ll have to wait and see whether Mayweather can overcome his financial struggles this year.