Big payday could help Mayweather fend off IRS

Associated Press

LAS VEGAS (AP) — Floyd Mayweather Jr. has said rumblings about his financial troubles are nothing more than rumors, but public records obtained by The Associated Press show the boxer nicknamed “Money” owes about $6.4 million to the Internal Revenue Service and others.

The IRS hit the former pound-for-pound boxing king with a lien in October for $6.17 million in unpaid taxes from 2007, according to the Clark County Recorder in Las Vegas. A New Jersey Superior Court judgment from the same year shows he owes $193,000 in state taxes there.

Leonard Ellerbe, Mayweather’s manager, disputed the documents and said he believed they were inaccurate.

“Floyd Mayweather does not have a problem with the IRS,” Ellerbe told the AP on Thursday. “He doesn’t owe the IRS $6.1 million … I don’t (care) what a lien says.”

“When you have a problem with them, you ain’t hard to find — ask Wesley Snipes,” Ellerbe said. “You go to jail, they come take your (stuff). He doesn’t have a problem.”…Continue Reading

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