Floyd Mayweather Faces $7.3 Million IRS Demand Amid Fight Talks
floyd mayweather is facing a $7.3 million IRS tax demand from April for unpaid taxes spanning 2018 to 2023 while he also deals with several lawsuits and renewed fight negotiations. The tax bill adds another layer to a run of financial claims that now reaches from New York rent to jewelry debts and a charter-flight case.
Mayweather IRS demand
The Internal Revenue Service presented the demand in April, and it covers unpaid taxes from 2018 to 2023. That makes the tax case the largest single claim in a string of disputes that has followed Mayweather into the spring, even as he remains attached to a scheduled return to the ring later this year.
In February, he was hit with legal action over more than $330,000 in outstanding rent for his luxury New York apartment. In the same month, Miami-based AJ's Jewelry filed a $1.4 million lawsuit over 27 watches and 15 chains, alleging that cheques bounced. Those claims sit beside the tax demand, creating pressure from more than one direction at once.
AJ's Jewelry and rent claims
The jewelry case is not a small dispute over one purchase. AJ's Jewelry says the unpaid debts cover 27 watches and 15 chains, a tally that turns the filing into a broader business dispute rather than a single missed payment. The rent case landed in the same month and involved more than $330,000 tied to his New York apartment.
A month later, Jet Set Aircraft launched proceedings over an unpaid $105,690 charter flight to Turks and Caicos from September. The company is pursuing the full flight cost plus punitive damages to be determined at trial, adding another creditor to the list and broadening the financial fight beyond taxes and retail debt.
Pacquiao fight talks
Despite the legal load, Mayweather is still scheduled to face Manny Pacquiao again on September 19 at the Sphere in Las Vegas. Jas Mathur, the chief executive of Manny Pacquiao Promotions, said the bout is still on and not cancelled, and added that there are a few points in the initial contract that Mayweather wants to renegotiate.
Mathur also said the parties have made a lot of headway in the last week and dismissed any suggestion that the bout could become an exhibition rather than a professional contest. Mayweather has earned more than $1 billion in his career, but the present dispute trail shows how quickly the business side of boxing can crowd the calendar.
