Floyd Mayweather might seem in additional fights after a Miami jeweler launched a lawsuit claiming he owed almost $4 million.
The Miami Occasions has reported on Leonard Sulaymanov’s case. Sulaymanov alleges that the five-weight world champion did not pay for high-end watches and diamonds bought in 2021.
Mayweather is now the topic of a federal lawsuit as Sulaymanov sues to recoup a precise determine of $3,883,657.00. The Cash Workforce [TMT], Mayweather firm, was additionally named within the official paperwork.
In response to The Occasions, the lawsuit states, “This motion arises out of a sample of predatory, unfair, improper, fraudulent, and unscrupulous practices by which defendants used the plaintiff’s repute, enterprise, and stock to systemically steal and convert the plaintiff’s watches and jewellery to their very own with out paying the total and honest worth.”
The go well with additionally names rapper Tyga for allegedly failing to pay for a Rolex.
Sulaymanov’s accusations come days after Mayweather participated in a Mexico Metropolis exhibition towards John Gotti, which types a part of the ex-Pound for Pound King’s earnings in retirement from skilled boxing. In response to the person himself, Mayweather additionally boasts a powerful property empire however will nonetheless need to keep away from any extra payouts ordered by the justice system.
The lawsuit added that Sulaymanov’s firm, Lenzo & Co, held conferences with Mayweather in Miami throughout the summer season of 2021. The pair agreed to a worth for a number of items, together with a yellow-gold Audemars Piguet watch, a diamond ring, and a diamond necklace.
“Mayweather was sporting the diamond necklace and diamond ring whereas driving in his TMT van and departing from Miami. Extra just lately, Mayweather posted {a photograph} of him sporting the necklace together with his agent,” Sulaymanov’s authorized staff states.
It’s alleged that Mayweather solely paid simply over $250,000 as a down fee for the $4 million haul and left with the intention of wiring additional funds.
The federal go well with provides, “As the times handed, no wires have been being acquired. The plaintiffs acquired involved and began exchanging textual content messages with Defendants by their agent, Rechnitz, about when fee might be anticipated. Defendants have by no means paid the remaining stability on the purchases made and are indebted to the plaintiffs for over $3,883,657.00.”
Posting on social media about possessions prior to now, Mayweather believes ‘Folks don’t worth issues they don’t pay for.’
He added, “Cash, automobiles, and different belongings are valued and revered by those that work exhausting to earn them. People who find themselves gifted, given, and handed these materialistic objects maintain no worth or sense of satisfaction in proudly owning them. Cash and supplies earned are way more precious than something that you’re handed. Work exhausting, be affected person, and keep in mind. You solely deserve what you’re employed for.”
Whether or not Mayweather will affirm one other exhibition quickly stays to be seen. On the identical time, some predict an expert combat wouldn’t be out of the realm of chance.
Learn all articles and unique interviews by Phil Jay. Study extra concerning the creator, skilled boxing author, and World Boxing Information Editor since 2010. Comply with on Twitter @PhilJWBN.
