Floyd Mayweather Could Reportedly Lose Las Vegas Strip Club Over $52k In Unpaid Property Taxes

© Wendell Cruz-Imagn Images


Floyd Mayweather might not have as much money as he claims he has.

On social media, Mayweather loves to flaunt his money and luxurious lifestyle by posing with money everywhere he goes.

Just a few weeks ago, the boxer went viral when he was seen counting money while sitting courtside at a Lakers game.

In a new bombshell report by Business Insider, Mayweather’s finances appear to be in dire straits, as he faces lawsuits over massive amounts of unpaid debts.

According to Business Insider, Mayweather is at risk of losing the building that houses his famous Las Vegas strip club over $52k in unpaid property taxes.

Via Business Insider

Meanwhile, in the last 18 months, two of Mayweather’s commercial properties have been foreclosed, and he is at risk of losing a Las Vegas building that houses his strip club Girl Collection over $52,000 in back property taxes and penalties. Mayweather has been accused in lawsuits of failing to pay for millions of dollars of luxury items, including watches and high-end jewelry, allegations he has disputed.

In February, a Las Vegas commercial building that Mayweather bought for $3.6 million in 2024 was sold at auction to its previous owner.

This summer, two condos that Mayweather owns at Trump Las Vegas Residences were seized by Clark County for unpaid property taxes — then returned to Mayweather after he made a $21,000 payment. Last month, a $568.63 lien was put on Mayweather’s Las Vegas mansion for unpaid trash collection,

Business Insider goes on to report that Mayweather took out a massive $54 million loan, and used his homes, his strip club, and his private jet as collateral.

In early 2024, Rechnitz introduced Mayweather to Don Hankey, a billionaire specialty lender based in Los Angeles. Hankey, who rose to prominence in the lending business by providing car loans to buyers with poor credit, is best known for posting a $175 million bond for President Donald Trump.

Over the next year, Mayweather borrowed $54 million from Hankey at a roughly 9% interest rate, to “fund other ventures,” his lawyer told Business Insider. He used as collateral 14 residential homes, his Las Vegas strip club, and his jet, according to Hankey and Business Insider’s review of public loan documents.

It is being reported that Mayweather is currently negotiating a fight against Mike Tyson that could bring him some much-needed income.

Mayweather is also in talks to fight Manny Pacquiao again.

We’ll see how the former boxing champ reacts to the reports about his financial stability.

Jorge Alonso BroBible avatar
Jorge Alonso is a BroBible Sports Editor who has been covering the NBA, NFL, and MLB professionally for over 10 years, specializing in digital media. He isa Miami native and lifelong Heat fan.
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