Floyd Mayweather is being sued for over $4.5 million in advances from the boxing promoter


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Floyd Mayweather’s financial problems keep getting worse.

A few days ago, it was reported that Mayweather was accused of allegedly writing a bad check for some jewelry.

Via NEW Mail

Boxing legend Floyd Mayweather faces two charges after passing a bad check while buying a $200,000 watch in Las Vegas, according to Nevada court records.

The 49-year-old boxer faces “theft, value $100,000 or more” and “draw or pass check with intent to defraud, value $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 pranking them and accepting another offer from Netflix.

Via TMZ Sports

CSI claims it paid $4.5 million in combined payments to Mayweather’s management company, Frist Apex Ventures, to get the exclusive rights to the events … and says Floyd personally signed off on the deal.

CSI says Floyd wasted no time 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 fight with Pacquiao on Netflix from the Sphere in Las Vegas.

The promoter is now trying to have Mayweather’s future fights canceled if they don’t get their money back.

In addition to seeking damages or at least their money back, the promoters are also asking the court to stop Floyd from fighting Zambidis next week and stop the Netflix event from violating their exclusive deal.




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