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Floyd Mayweather’s financial problems are getting worse.
A few days ago it was reported that Mayweather was being sued for allegedly writing a bad check for some jewelry.
Via NYPost
Boxing legend Floyd Mayweather is facing two 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 charges of ‘theft valued at $100,000 or more’ and ‘drawing or passing a check with intent to defraud valued at $1,200 or more’.
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 obtain exclusive rights to the events… and says Floyd personally signed the deal.
CSI says Floyd wasted no time in turning on them, claiming that the day after they paid him a separate $150,000 advance, he announced he was fighting Greek kickboxer Mike Zambidis instead of Tyson… with a different promoter.
They also claim that Mayweather secretly signed a separate deal with another company to stream the Pacquiao fight on Netflix from the Sphere in Las Vegas.
The promoter is now trying to get Mayweather’s future fights canceled 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 violating their exclusive deal.
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