All Articles Tagged "Floyd Mayweather"
The World Boxing Organization (WBO) yanked the welterweight world title that Floyd Mayweather won against Manny Pacquaio in one of the “largest, most profitable” fights ever, according to Newsweek. The reason? Because he failed to pay a $200,000 sanctioning fee.
Two months ago, Mayweather basked in glory as his boxing record remained untainted after beating Pacquaio two months ago in what critics called the “fight of century.” Well, that triumphant day will just leave Mayweather with bragging rights and nothing to show for it. The WBO said the boxing champion had until July 3 to pay a $200,000 sanctioning fee and he did not do so.
The WBO, as per their rules, had to strip Mayweather of his title from the May 2nd fight, which earned him $220 million, according to ESPN.
“The WBO world championship committee is allowed no other alternative but to cease to recognize Mr. Floyd Mayweather Jr. as the WBO welterweight champion of the world and vacate his title for failing to comply with our WBO regulations of world championship contests,” the WBO wrote Monday in its resolution.
Mayweather also failed to surrender his junior middleweight title, breaching the WBO policy which prohibits fighters from ” holding simultaneous titles in different weight classes,” Time said.
“It’s a complete disgrace. Floyd will decide what, or if any, actions he will take. But in the meantime he’s enjoying a couple of hundred million he made from his last outing and this has zero impact on anything he does. Floyd Mayweather has a great deal of respect for each and every organization, as he has always had in his 19-year career, but he will not be dictated to by any organization or person as it relates to his decision making,” said Mayweather Promotions CEO Leonard Ellerbe told ESPN.
Mayweather has 14 days to write an appeal to the WBO, but according to ESPN, the decision will likely remain unchanged.
This past spring many flocked to friends’ houses or bars in order to watch Floyd “Money” Mayweather win his May 2 fight against Manny Pacquiao and because of his victory, Mayweather has become the highest paid celebrity for 2015 earning $300 million. Coming in second is his opponent Pacquiao, who earned $160 million for the year and third, Katy Perry. Perry, who raked in $135 million, increased her wealth by performing 124 shows during her Prismatic World Tour and according to her managers. Sixty percent of her income now comes from foreign markets, reports Forbes magazine.
Surprisingly, Beyoncé dropped to the 29th place after earning only $54.5 million this year and taking home about $115 million. Kim Kardashian landed in 33rd place this year after climbing from the 80th celebrity spot in 2014. She earned $52.5 million this year. Below are the five highest paid celebrities of 2015:
1. Floyd Mayweather ($300 million)
2. Manny Pacquiao ($160 million)
3. Katy Perry ($135 million)
4. One Direction ($130 million)
5. Howard Stern ($95 million)
Forbes created their list by focusing on celebrities who work primarily in “front of the camera.” The also measured their finances by focusing on their income prior to subtracting management fee, taxes and data from Nielsen, Pollstar, Box Office Mojo and IMDB. The eminent financial magazine also looked at celebrity candidates who lived outside of the United States, as well.
This is the third time in four years Mayweather topped the list; Time says it’s how he earned his nickname, “Money.”
Mayweather can thank the media mayhem surrounding the much anticipated Mayweather vs. Pacquiao fight for his fortunes, which is expected to attract more than $600 million. The 38-year-old boxer was paid $100 million upfront for the May 2nd event and, on top of this, he gets 60 percent of the $400 million earned from TV viewership, ticket sales, and sponsorships.
Although many people felt underwhelmed by the fight, the Mayweather vs. Pacquiao fight smashed every financial record in boxing history, according to Forbes. The fight lured in 4.4 million pay-per-view purchases (and climbing), $73 million at the door, and $13 million in sponsorships.
Adding the cherry on top is Mayweather’s earnings from the September 2014 match against Marcos Maidana.
“Floyd Mayweather just pulled off the biggest score in the history of sports and entertainment,” says Leonard Ellerbe, who heads Mayweather Promotions.
Mayweather’s earnings also shatters records for athlete pay. Tiger Woods topped the list for 12 years since 2001, but he made just $115 million, which is paltry in comparison to Money’s $300 million.
“If Mayweather worked on Wall Street, he would have ranked 14th among the top-earning hedge fund managers in 2014,” Forbes said.
Pacquiao, soccer stars Cristiano Ronaldo and Lionel Messi, and tennis star Roger Federer round out the top five.
Floyd’s record remains at 48-0.
Shantel Jackson’s lawsuit against ex-fiancé Floyd Mayweather is shedding plenty of light on their dysfunctional relationship. To strengthen her argument against the undefeated boxer, Jackson included several text messages shared with Floyd before and after their 2014 breakup in court documents obtained by TMZ.
In one message series, Floyd offers a marriage proposal to Shantel, complete with Hollywood perks and suggested living arrangements, but the proposal came with conditions.
“This is what I offer to you. Let’s get married move in together you can go back in forth to L.A and stay at the condo.”
“I promise I will get you in 3 A list movies this year and I’m willing to go to counseling to make us work and you can get the stuff you want and I’m willing to change but I need you to have a better attitude.”
According to Shantel, she chose not to accept the proposal. She went on to provide messages sent by the boxer the previous year to explain why she felt that it was a bad idea to marry him.
“I had your phone traced. I hired a detective. Your not slick.”
“I got nasty videos too that I can put on Instagram and twitter”
“I took you from rags to riches now you back to rags b-tch. that’s why your out selling sh-t going on petty a– auditions fronting to people like your doing big sh-t.”
The reality star also alleged that Floyd really lost it after she was photographed with current boyfriend Nelly last year.
“Just tell me this didn’t mean anything.”
She explains in court documents:
“[Floyd] threatened that if I didn’t take down the photo of me and Nelly, he would post ‘naked photos’ of me on social media.”
From the sounds of it, this is only the beginning. Floyd is also facing a $20 million lawsuit filed by ex, Josie Harris, who mothers two of his children.
Read the rest of the messages here.
There were some strange things and even some shenanigans going on this week in the news. In this episode of "Did Y'all See", the MadameNoire editors discuss Laila Ali coming forward to say that Floyd Mayweather needs help for his domestic violence issues. Then, at the Met Gala, former lovebirds Lenny Kravitz and Lisa Bonet stepped out on the red carpet together…on a date. We discuss whether the move was a bit odd…even for these hippy, dippy free spirits. And then we share our thoughts on Kim Kardashian's BFF, Jonathan Cheban, coming out of the shadows to lodge stereotypes at Amber Rose and Blac Chyna, in defense of Kylie Jenner.
See what our editors have to say about all these topics in the video above.
Floyd Mayweather is facing another hefty lawsuit filed by a woman from his past. According to CNN, the five-division world champion boxer is being sued by his ex-girlfriend and mother to two of his children, Josie Harris.
During a recent interview with Yahoo’s Katie Couric, the undefeated fighter alleged that Harris was high on drugs and that he was simply trying to restrain her during their September 2010 domestic dispute.
“Did I kick, stomp, and beat someone? No, that didn’t happen,” he told Couric. “Did I restrain a woman that was on drugs? Yes, I did. So if they say that’s domestic violence, then, you know what? I’m guilty. I’m guilty of restraining someone.”
As you may recall, the 38-year-old was arrested after cops said that he punched Harris in the face. He later pled guilty to misdemeanor battery and served two months behind bars. In the lawsuit, which was filed in Los Angeles Tuesday, Harris denied being a substance abuser.
“It was not Mayweather’s ‘restraint’ of Harris that caused her serious injuries, rather it was his beating of her,” explained Harris’ attorney in the filing.
Harris is demanding $20 million in damages for defamation, intentional infliction of emotional distress and negligent infliction of emotional distress. You may recognize her from TLC’s 2013 reality show “Starter Wives Confidential,” which she starred in alongside DMX’s estranged wife Tashera Simmons and Lamar Odom’s ex-girlfriend Liza Morales. The series was cancelled midseason due to low ratings.
Mayweather, who recently earned a whopping $100 million from last weekend’s boxing match against Manny Pacquiao, was also recently sued by ex-girlfriend Shantel Jackson who made similar claims against him.
Before Mayweather fought and defeated Manny Pacquiao this weekend, in what was being touted the fight of the century, he made some interesting comments. Mayweather is known for being braggadocios. But he stunned quite a few folks when, during an interview with Stephen A. Smith, he said:
“No one can ever brainwash me to make me believe that Sugar Ray Robinson and Muhammad Ali was better than me. No one could ever brainwash me and tell me that. But one thing I will do, I’m going to take my hat off to them and respect those guys because those are the guys that paved the way for me to be where I’m at today.”
This weekend, Muhammad Ali’s daughter, Laila Ali sat down with CBS Sports to discuss Mayweather’s comments and the issue of his domestic violence.
Laila Ali: Mayweather has recently said that he’s better than Muhammad Ali.
Reporter: Those are fighting words.
Laila Ali: That’s ok because I believe that as a fighter and a champion, especially as someone on his level, he should feel like that about himself. But that doesn’t make it true. The first thing I think about is, first of all, I don’t agree that he’s better than Muhammad Ali and that’s a whole ‘nother conversation. But I think about the man my father is, outside of the ring. So there’s times when–cuz I know Floyd, I know his family, Roger Mayweather, Floyd Mayweather Sr. both used to trained me. I’ve been in the gym with him. And there have been times when I wanted to reach out to him and have a conversation with him because I see a little boy, even though he’s a grown man.
And I see a broken person. And I know when you have money and you have “power” and you have all these ‘yes’ people around you, sometimes you don’t have that person to really pull you aside and give it to you straight. So every once in a while, I’m just like ‘I need to reach out to Floyd and have a conversation with him’ because I don’t hate him. I dislike the way that he acts, I dislike the way that he treats people and I’m obviously I’m definitely not down with this beating up on women. Because that’s very cowardly. But the first thing I think about is he needs somebody to reach out to him and kind of guide him.
If you read my essay from Friday, then you already know I agree. He has a problem and instead of continuing to ignore and rationalize it, it would be best if Mayweather sought the help he needs.
Still, there are others who think that Laila should have reached out to him herself before discussing Floyd and his domestic violence problem on national television.
I can’t argue with that. It would have been ideal. But I also feel that since Floyd has failed to address the seven documented instances of domestic violence privately; maybe now that it’s all in the open, he’ll have more an incentive.
What do you think about Laila Ali’s comments and the venue where she shared them?
You can watch her deliver her thoughts in the video below.
My parents love boxing. My dad loves to tell people stories about how he took my mother to a fight, when they were still dating, and she was so full of adrenaline that when a woman stood up in front of her, blocking her view, she subconsciously pushed her back down into her seat.
And though years later, my mother began to find it too barbaric, my father is still a fan.
Earlier this week, he and I were talking and I asked him about his plans for the weekend. He said that he was planning on inviting our male family members and his friends over to watch the Mayweather/Pacquiao fight. But he was a little disappointed that the receiver connecting his sound systems to the television wasn’t working, so they wouldn’t be able to experience the fight in surround sound.
He was disappointed but he was still going to host, particularly since my grandfather, my dad’s father-in-law, was so excited about it.
But a few days later, my dad called us back to say that he was having additional reservations about paying $100 for the event.
“You know, I just don’t know if I can put money into Mayweather’s pocket knowing what he does to women.”
If you’re unfamiliar, Floyd Mayweather has a well-documented history of abuse against women, both physical and emotional.
In 2010, he pled guilty to assaulting his ex-girlfriend and mother of his child Josie Harris. He spent two months in jail for the crime. He posted images of ex girlfriend Shantel Jackson’s abortion and defended the decision saying that Shantel asked him to make her famous.
His own son, Koraun, called him a coward for not only the way he treated his mother, but refusing to admit it. Some of his children have witnessed the abuse and have been threatened by their father. He’s pulled a gun on the woman with whom he was in an intimate relationship.
And if that weren’t enough, there’s also the slut-shaming. Mayweather was quoted as saying, “If a female shows half of her body, she’s asking to be disrespected.”
It’s a lot y’all.
In fact, Deadspin reported that there are at least seven documented instances of assault with five different women attached to Mayweather’s name.
He has a problem. And after my father did some research and learned some of this information, he just couldn’t support him.
I spoke to him today about his decision and he said, “It’s too concentrated an effort to abuse women. It’s so hypocritical that we made such a big deal about Ray Rice. Ray Rice is a choirboy compared to Mayweather.”
And while my father came to the conclusion, it wasn’t an easy one.
“I appreciate boxing and I appreciate his style. He’s a bad boy! But every penny you pay, he gets a percentage.”
My dad admits that he wants to see the fight and he’s certainly receiving quite a bit of pressure to watch it. My 96-year-old grandfather called my father again today asking him if he was sure he didn’t want to watch the fight. When my dad said no, he wasn’t paying for it, my grandfather, who is a devout, old-school, non-imbibing Christian, suggested that they go and watch it at a local bar.
My dad says my grandfather is looking to him for permission.
Fear of missing out (FOMO) is real.
And I understand it. I don’t think it’s an understatement to say that this is the event of the Spring.
But sometimes, it’s just not worth it to be in the know.
This was not to shame anyone about their decision to watch Mayweather get paid to do what he does outside of the ring as well; but I do wonder, did anyone else have these same reservations?
Are you going to watch Floyd Mayweather v. Manny Pacquiao on May 2nd? Floyd is regarded as the best boxer of his time, but some of the controversies in his past are giving boxing fans pause.
So eagerly awaited was the Floyd Mayweather-Manny Pacquiao fight that the tickets sold out in an instant — 60 seconds — when they went on sale on Ticketmaster. That includes the tickets that were selling for $7,500. According to TMZ, the only other option is the secondary market where tickets can go for thousands more. CNN says StubHub has a ticket for $128,705.
Part of the reason for the speedy sell out is the fact that only 1,000 were made available to the purchasing public. The remaining tickets — 16,500 of them — are being used by the fighters (Pacquiao is rumored to have 800 to 900 friends and family members from the Philippines who’d like to go) and their people along with the promoters, sponsors and the MGM Grand in Las Vegas, where the fight is taking place.
The big money isn’t just in ticket prices. The two fighters just signed their contracts this week, and it will be the biggest payout in the history of sports. Mayweather is expected to take home $120 million, Pacquiao $80 million, irrespective of who wins. And the pay-per-view price is setting a record at $99.
The fight will take place on May 2.