""significant portion of his career earnings""
""to recover hundreds of millions of dollars in the misappropriated funds and damages resulting from a long-running and elaborate scheme of financial fraud.""
""Floyd is one of boxing's biggest pay-per-view draws. He generated hundreds of millions of dollars in revenue for Showtime,""
""Mr. Mayweather now takes this fight to the courtroom to recover what he rightfully earned. Retiring undefeated at 50-0, Mr. Mayweather will go the distance in the courtroom just as he has in the ring.""
Floyd Mayweather filed a lawsuit in Los Angeles County Superior Court against Showtime and former Showtime Sports president Stephen Espinoza seeking $340 million and punitive damages. The complaint alleges ex-manager Al Haymon misappropriated a significant portion of Mayweather’s career earnings and that funds from major bouts, including those against Manny Pacquiao and Conor McGregor, were paid directly to Haymon and are now missing and unaccounted for. Showtime allegedly failed to provide requested financial records. Causes of action include aiding and abetting breach of fiduciary duty, civil conspiracy to commit fraud, conversion, and unjust enrichment. Haymon is not named as a defendant.
Read at Sherdog
Unable to calculate read time
Collection
[
|
...
]