- 6 days ago
Stephen A. Smith EXPOSES Floyd Mayweather’s Going BROKE After He SIGNED 3 Fights
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00:00additional 50 which comes up to about 140 million dollars that you're throwing around i don't
00:07understand this but here's all i gotta say don't go to the damn poker table don't go to the black
00:11jack table don't go to the slot machine for crying out loud even if it's only asking you for a
00:15dollar
00:16don't do it stay the hell out of the casino other than your performance that's another piece of like
00:22what floyd does has done with his money after his fight career now there is the the the lawsuit that
00:28floyd is is in with showtime and and i don't think al hayman's a part of the lawsuit even though
00:34he
00:34blames al hayman and a lot of the lawsuit for stealing his money we're 340 million dollars
00:38we'll see if anything materializes out of that or floyd just spends more money out of his ass
00:45how does he owe you the money why don't you just like here's what happened he pre-sold the fight
00:50using my likeness to some company and i think dubai or like the middle east this is my understanding
00:56of it for 10 million dollars cash we ended up doing the fight in the states with a different
01:03company that is the company that put on the fight stephen a smith exposes that floyd mayweather
01:09despite earning enormous sums during his career mismanaged his finances and now faces financial
01:14trouble forcing him to come out of retirement to make money through new fights you look at it from
01:19that standpoint you say wow you're blaming them when in fact it's really really you because you
01:27can't do what they do every day maybe you should go to them to get some lessons it's a spending
01:34issue
01:34not an income yes you know logan paul alleges floyd mayweather pre-sold their exhibition fight to a
01:40dubai company for 10 million dollars and still owes him his agreed percentage payment but he sold
01:46our fight with my name and likeness to someone else in dubai for 10 million dollars cash
01:53it's our fight bro our deal was 15 he smoked me so i got 15 of it 15 of 10
02:00million dollars is 1.5
02:01million dollars that company uh that uh paid him that money is suing him i actually don't know the
02:08status on that lawsuit i should check in because he still owes me money but he has a bunch of
02:13legal
02:13trouble at the moment but i don't i'm i don't think i'm ever getting the money he just sold
02:16this house in vegas he is really yeah i think yeah he's he's he's facing a bunch rinsed on that
02:21house he started at 14 million dollars he custom built the house by the way in like 2006 yeah started
02:2614 reduced to 12 yeah 10 8 came on the market and i always it was a lot of house
02:32for eight
02:33yeah for a 6.6 oh he really got just the cost to build that house was nine or ten
02:42whoa he got
02:42rinsed yeah god damn it was huge god damn who would win in a fight you or 100 grams
02:52probably 100 grams is a lot 100 grams it's a lot of people bro wade plemon stated on x i
02:58told you
02:58guys floyd owes a lot of people a lot of money and he doesn't have it in another tweet he
03:03said
03:03multiple commercial properties of his got foreclosed on according to business insider so there's that
03:09joe rogan says floyd mayweather earned more than any fighter ever yet went bankrupt due to endless
03:15extravagant spending showing that no amount of money lasts without careful management and even as
03:20much money as he's made in his career which he's probably made as much if not more money than any
03:25boxer ever like there's all these lawsuits like he hasn't been paying things and he owes money on
03:30this and owes money on that and it's like and then he's got to come out of retirement yeah that's
03:36that's
03:36tough yeah that's tough i think it's just the lifestyle that floyd lived yes i think he can't
03:44fathom to just live a modest lifestyle it's like he gotta be lavish right he's gotta have those videos
03:51where he shows you all the watches where he opens the case up you know all the money he gotta
03:56show
03:57that he got a million dollars in his backpack yeah you know he got the latest watch and the latest
04:02car
04:03and look what i just bought and when you get into latest watches and latest cars you get into that
04:09like boy that money goes quick yeah bugatti's are like three million there's watches that are three
04:16five million that's crazy wade plemons reveals floyd mayweather sold his private jet to cover
04:22legal debts highlighting that he owes numerous people and struggles to manage his overwhelming
04:27financial obligations i think he flipped a house in in florida from 18 to 20 mil and he's got a
04:32place
04:32in la there's like 25 million dollars he's trying to sell now for like 48 which it's funny how now
04:38all
04:39of a sudden floyd's trying to sell all of his assets what does that tell you he just sold his
04:44private
04:44plane as well which i don't know what that went for but again he's offloading assets because he's
04:49massively in debt and owes people a lot of money and he's trying to finance something whether it's
04:55legal fees whether it's other mortgages whatever but yeah getting a net negative of four million
05:02dollars on the house you built and then put on the market is uh probably the worst real estate
05:07investment you can make outside of maybe a strip club that no one goes to except you dj vlad says
05:15a major jeweler revealed floyd mayweather is broke blaming his extravagant lifestyle and lavish spending
05:21habits for his current financial struggles this is like who everyone else gets their stuff from
05:25and he told me i'm not gonna say who it is he's like mayweather's broke i said no he's like
05:32no
05:33really mayweather's broke i don't know if it's true right this is what this guy told me i'm like
05:37how could he be broke he's like yo he spends like crazy yeah spends like i mean it only could
05:42go but
05:42so long i mean and you're not fighting yeah because i don't see mayweather even doing any goofy
05:48like that you know but you would think that your investments would continue to grow right as long as
05:55you keep your spending under wraps like like right now like i could retire right now this could be my
06:00last interview ever right and with my investments you know i invested into a lot of great companies
06:07like google and amazon and tesla over the years and those companies have all grown and continue to
06:12grow right and i could actually borrow money against my stock portfolio without even selling my stocks
06:17sean porter says it's not a bad idea for floyd mayweather to take the fight believing he could handle
06:22it and potentially benefit from the opportunity what you don't want to do what we've seen mike tyson do
06:28against jake paul's you don't want to get in that ring and you haven't driven that car in so long
06:33that the engine runs hot you know so both these guys i think are i think they're more than anything
06:38they're trying to show us how serious they are about doing it again against one another so
06:43sean how shocked were you when you found out that floyd was coming back last time he fights is in
06:502017 against conor mcgregor the guy has not fought i said more than a decade almost a decade i should
06:55have said in almost a decade even when you're floyd mayweather that's got to be a hard thing
07:00to do and especially when you're 49 years old the the so there's some good some some really good
07:06pros about it you know he's done some exhibitions he's shown that he still has the abilities that
07:12he's had they may not they they are not they're clearly not what they used to be but they're still
07:17there you know and then beyond that the fact that um he lives a good clean life meanwhile wade
07:23plemons posted another tweet about floyd saying he lost 8 million on a house in vegas confirmed
07:29business insiders showed he's taken out 54 million loans at 9 interest that he hasn't paid back
07:36another house of his just got foreclosed on and i'm pretty sure he sold his plane and he's a definite
07:42gambler this highlights floyd mayweather's ongoing financial struggles and risky spending habits
07:47joe rogan explains that floyd mayweather's financial troubles stem from his extravagant lifestyle
07:52by spending millions on luxury watches cars and other high-end items he mismanaged his earnings
07:58despite making more money than most fighters ever have these reckless purchases left him unable to
08:04cover debts now floyd faces bankruptcy and owes significant sums to multiple people rogan emphasizes
08:10that no amount of wealth can last without careful planning and floyd's example shows how even the
08:15highest earners can fall into financial trouble when spending exceeds their means his situation serves as a
08:21cautionary tale for financial responsibility that's nuts crazy i remember iran barkley was talking about
08:27that iran barkley when he was in his prime was hanging out with all these professional athletes
08:32and everybody was getting diamond crusted chains and this and that and he was keeping up with these
08:38people like you got to keep up with the joneses and he just found himself like draining all of his
08:44money
08:44he was talking about it like that was the biggest detriment to him being able to save any money
08:49mm-hmm they trying to keep up yeah which i thought was funny when i i was listening to this
08:56uh conversation
08:56with chad ochocinco and he was talking about it he was like he was wearing fake jewelry but who would
09:03know what's that who would know he's like flying economy he was sleeping at the stadium like so he
09:13didn't have to pay for department so smart yeah so clever dj vlad says that mayweather's financial
09:18situation is surprising considering how much cash he made he explains that even investing in common
09:24stocks could have helped floyd secure long-term wealth dj vlad notes that floyd never flies commercial
09:30only using private flights though he doesn't own his own plane unlike drake mayweather doesn't appear
09:35to have a personal aircraft dj vlad admits he has never met mayweather personally and doesn't know
09:41his finances in detail but observes that owning multiple properties and constantly spending can
09:46create issues he mentions that at one point floyd bought a jewelry district building dj vlad concludes
09:52that even at mayweather's level overspending and public attention can quickly turn financial
09:57mismanagement into noticeable problems so i assume that mayweather was in a similar spot because he
10:02made so much cash and if you invest it even in common stocks you should do pretty well but
10:07i mean listen mayweather never flies commercial he's only flying so he doesn't own his own plane
10:15i don't think so i've never seen a mayweather plane like a drake plane i've never seen that not not
10:21to
10:21say that he doesn't i don't know mayweather like that i've never even met him so i don't know i
10:27mean
10:27you have a lot of properties you have a lot of money you're constantly spending right i don't know
10:34he remember at one point he said he was buying like the the jewelry district building yeah and they said
10:38that wasn't true yeah i don't know man i don't know this man's finance but this guy told me that
10:43mayweather is in financial problems here's the shitty part about actually losing your money when you're on
10:48that level when you're you know kind of like flossing showing up nobody gives a shit like
10:54people are there are people actually praying for you to be broke wade plemmons explains that floyd
10:58mayweather has mismanaged his money since retiring lawsuits with showtime debts and legal fees have
11:04forced him to sell assets including his private plane and multiple properties while he made some
11:09profits flipping houses overall losses such as a four million dollars net loss on a vegas home
11:15highlight poor financial decisions wade points out that floyd's exhibition fights including matches
11:21against john gotti the third indicate he's motivated by money rather than love of the sport mismanagement
11:27lavish spending and attempts to cover debts show floyd is struggling to maintain his fortune despite past
11:33earnings it was way back again five years ago now but that was like the initial rumblings around that
11:38fight and what floyd did was use mayweather promotions to bring them this fight and say if you'll front us
11:44this
11:44money we'll put this fight here they fronted him the money he took the money had the fight at the
11:50hard
11:51rock in miami with famio instead that was the company that put it on famio and logan saw none of
11:57that front end 10 mil and the people that paid floyd the 10 mil never saw a dime back it's
12:03nasty work
12:04what he did but this has been like one of floyd's mo's is that he leverages his fight name or
12:11his quote
12:12unquote assets and which is what you know a lot of wealthy people do they leverage their assets to
12:16take out bigger loans or you know whatever but floyd does it in such a reckless way that no one
12:22ever
12:22sees return on it he just takes money it isn't a loan he's stealing he didn't have provisions in
12:28place this is i've talked about this you know ad nauseum over the last couple years but the fact
12:33that we actually get some details on this from logan is hilarious our deal was 15 he smoked me so
12:40i got
12:4015 of it 15 of 10 million dollars is 1.5 million dollars that also yeah the fact that logan
12:46agreed
12:46to 15 you know he's got that manager jeff who says you know i make the big deals he got
12:52absolutely
12:53rinsed on that deal but also ram has some important information about floyd mayweather and again his i
12:59wouldn't say business dealings but how bad he is with money let's keep listening company uh that uh
13:07paid him that money is suing him i actually don't know the status on that lawsuit i should check in
13:12because he still owes me money but he has a bunch of legal trouble at the moment that i don't
13:15i'm i
13:16don't think i'm ever getting the money he just sold this house in vegas he really yeah i think yeah
13:20he's he's he's facing the henry the analyst shared strong opinions about the upcoming floyd
13:25mayweather versus mike tyson fight calling it one of the most money motivated decisions he's ever seen
13:30he expressed disbelief at bringing mike tyson back into the ring after the jake paul event calling the
13:36situation bizarre as a proper boxing fan henry the analyst dislikes these one more go exhibitions of
13:42retired fighters feeling they cater more to spectacle than the sport itself and especially given the fact
13:47that i think floyd mayweather made close to a billion dollars in his career i mean his career
13:51earnings are absolutely insane his activities since then almost feel kind of demeaning to his legacy i
13:57suppose you could say well i can tell you that i did a little digging and actually there are a
14:02number
14:03of lawsuits that are currently active against floyd mayweather jr's name and they're worth a
14:09significant amount of money from controversies around endorsing certain cryptocurrencies to millions
14:15of dollars worth of unpaid luxury items and even allegations of unpaid luxury apartment rent these are
14:22all alleged and these are all the cases that currently exist against him there's no record of some kind
14:28of settlement and as far as i know a lot of these are ongoing to add to that mayweather even
14:32lodged his
14:32own case against showtime and he did that this year reportedly seeking damages of 340 million
14:39dollars and the allegation there is apparently there's been a misappropriation of his fight
14:44despite his reservations henry the analyst acknowledges the fight will likely be massive
14:49on netflix attracting attention because both mayweather and paccio are former champions he notes paccio
14:54appears in better shape than expected after his effort against mario barrios while mayweather hasn't had a
15:00proper fight in years making it uncertain who has more left in the tank henry the analyst admits that
15:05even though he doesn't love the idea there's genuine intrigue around the matchup he criticizes the fight
15:10as a cash grab emphasizing that netflix prioritizes revenue over promoting boxing through regular events
15:17while these spectacles bring exposure they don't necessarily benefit the sport long term henry the
15:22analyst recalls the excitement around the first mayweather paccio fight comparing it to highly anticipated
15:27cultural moments but feels the current approach exploits fans ultimately he balances skepticism with
15:33acknowledgement of fan interest encouraging support for authentic boxing content through
15:38initiatives like documentary funding i think a lot of it is to do with just the basic thing of money
15:44the fact that they both need money mayweather probably needs it a little bit more than paccio does
15:48but it's there no matter what one of the strange truths about this one coming into it is they're both
15:53going to be having exhibition bouts in the next couple of months paccio is randomly taking on
15:57ruslan provodnikov who some of you may remember was a champion at 140 pounds and mayweather's taking
16:02on mike tyson of all people i just yeah i mean that's the most money motivated thing i've ever heard
16:08it's utterly bizarre and i don't want to see mike tyson anywhere near the ring again especially after
16:12that jake paul fiasco this whole thing's incredibly weird i don't like it i'm a proper boxing fan and
16:18these fights to me this oap stuff they've got going on when they bring back these old fighters for one
16:23more go at each other it's just not something that i particularly enjoy now look it's going to be on
16:28netflix it's probably going to be a massive event i'm probably going to end up covering it while some
16:32analysts believe the upcoming three fight deal could be very beneficial for floyd mayweather the
16:37reasoning goes beyond just the fights themselves each of his opponents in these exhibitions including
16:42mike tyson has massive drawing power and guarantees significant attention mike tyson alone
16:48attracts millions of fans worldwide ensuring that any event featuring him will generate buzz far
16:54beyond typical boxing audiences this level of exposure can translate into enormous financial
16:59gains for mayweather potentially helping him recover losses from past ventures and mismanaged earnings
17:05and um i love the first the first of all the fact that he's fighting mike tyson i like that
17:10why because
17:11i'm a big mike tyson fan and look bro you really can't take it with you you know what i
17:16mean these guys have an
17:18opportunity to be on netflix and be seen by 40 50 million people in the fight the origin in the
17:25first fight
17:25uh with mike tyson that's huge mike tyson versus floyd i think the highest rated um show that has been
17:36on
17:37television um boxing match that has been in the last man geez probably maybe man since ali probably uh
17:47definitely since the top the days of uh when abc was showing things 33 or sorry over 100 million people
17:55watched mike tyson fight jake paul um you can get mike tyson and floyd mayweather can do those type of
18:02numbers as well the three fight arrangement is also structured cleverly allowing floyd to earn without
18:08relying solely on traditional pay-per-view sales analysts suggest that even without a ppv model the
18:14combination of sponsorship deals international promotions and live event revenue could be enough
18:19to restore his wealth some speculate that this might be floyd's most strategic comeback yet
18:24positioning him to not only earn millions but also stabilize his financial situation after years of
18:30extravagant spending ultimately these fights may provide floyd mayweather a chance to recapture his
18:35reputation as a top earner in boxing while securing a significant financial rebound observers are watching
18:41closely to see if this three fight deal could indeed resolve his long-standing money troubles
18:46there's a lot of money in boxing that comes from greece okay a lot of money is credited to saudi
18:52arabia for
18:53investing in in boxing sean porter commented that the jake paul versus mike tyson fight was truly
18:59extraordinary capturing massive attention and bringing in an incredible crowd he believes the upcoming
19:04floyd mayweather versus manny pakio fight while high profile won't generate the same level of
19:10excitement or fan turnout according to porter jake paul has a unique ability to attract and energize
19:15his audience creating a spectacle that goes beyond boxing itself not every fighter possesses this level
19:21of influence or fan connection porter suggests that while floyd and manny are legendary in boxing the
19:27modern entertainment aspect of fights depends heavily on personalities who can engage fans something
19:33jake paul excels at this highlights how drawing power in boxing today isn't just about skill inside the ring
19:39but also about connecting with and mobilizing audiences you know you look at mike and and and jake
19:44and that did like 108 plus million people and then i think terrence and canelo did like 40 something
19:50million people huge audience obviously but not even half of mike and wow yeah do you think do you think
19:57it's ultimately gets a massive audience again because it is too if you've got netflix you can watch this
20:02thing for free you don't got to shell out 100 bucks for a pay-per-view this is knock out
20:06the 108 that uh
20:08that tyson and and and paul did that's asking a lot right that's that's asking a lot because you
20:14have a jake paul that's that that's crossed you know he brings a different kind of crowd yeah
20:20floyd's touched that crowd manny of course has touched that crowd but i don't think they're going
20:24to pull in 108 they 100 without a shadow of a doubt they'll do more than 40 i can see
20:30them doing
20:31maybe 60 80 uh but 100 is hard a little hard to imagine but it is netflix that's it for
20:37today's video
20:38stay tuned until next time
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