Floyd Mayweather Jr. files lawsuit against Showtime, claiming a minimum of $340 million is owed.
Despite earning hundreds of millions of dollars throughout his boxing career and being recognized by Forbes as the highest-paid athlete from 2012 to 2014, Floyd Mayweather Jr. feels he has been underpaid and has initiated a multi-million-dollar lawsuit against Showtime.
The lawsuit, submitted on Tuesday and obtained by ESPN, aims to “recover hundreds of millions of dollars in misappropriated funds and damages arising from a prolonged and intricate scheme of financial fraud, breaches of fiduciary duty, and conspiracy orchestrated by Floyd J. Mayweather’s former manager and advisor, Al Haymon, with the knowing and significant involvement and assistance of Defendants Showtime Networks Inc. and Stephen Espinoza, among others.”
Mayweather, 48, asserts that he is owed “at least” $340 million and points to a “complex web of concealed accounts, unauthorized transactions, and intentional hiding of financial records” as the basis for his belief that he has been defrauded of those funds.
Haymon is not listed as a defendant in the lawsuit.
In 2013, Mayweather entered into a 30-month, six-fight agreement with Showtime, which was, at that time, the most lucrative contract for a single athlete. He competed against Robert Guerrero, Canelo Alvarez, Marcos Maidana (twice), Manny Pacquiao, and Andre Berto during this agreement and also faced UFC star Conor McGregor on Showtime PPV.
Overall, Mayweather participated in eight bouts on Showtime PPV, with the fight against Pacquiao remaining the highest-grossing pay-per-view event in history, achieving over 4.4 million purchases and generating $410 million in revenue. Mayweather reportedly earned approximately $250 million for that particular fight.
In the lawsuit, Mayweather alleges that Showtime and Espinoza collaborated to redirect the boxer’s earnings into accounts managed by Haymon and did not provide financial transparency. Mayweather also claims to have “suffered significant financial damage” and is missing at least $340 million from his reported $1.2 billion in career fight earnings.
Mayweather concluded his professional boxing career in 2017 with an unblemished record of 50-0 but has participated in several exhibition matches since then.
An exhibition bout with Mike Tyson was announced last September for Spring 2026, but no specific date or venue has been confirmed. Reports emerged on Tuesday indicating that Mayweather would face K-1 kickboxing icon Mike Zambidis on June 27 in Greece, but there has been no official announcement regarding that fight either.
