Rumors that Floyd Mayweather Jr. is facing severe financial trouble have sparked reactions across the boxing world, including from fellow undefeated champion Terence Crawford, who says there is a lesson to be learned, though he isn’t convinced the reports of Mayweather going broke tell the whole story.
Looking into the Rumors
Appearing on “The Ariel Helwani Show” on July 1, Crawford said, “It’s sad when you hear about the people that are coming at him and people calling him broke, which, Floyd ain’t going to never be broke. You may have $200 million and they call you broke because you ain’t at the status that you once were yesterday that you are today. But Floyd has an expensive lifestyle, and if you’re not bringing in money, just as much money as you’re spending, then of course you’re heading down the wrong path.”
He added, “So it’s definitely a lesson learned to these young, up-and-coming athletes — and not just boxing, just athletes around the world — that tomorrow’s not promised, so you need to make the right investments, make the right decisions with your money. Because you can use it as a tool to make money, but at the same time, it can hinder you and you can burn yourself at the end of the day thinking that you’re going to get another check tomorrow. So you’ve got to plan for the future, and some people don’t do that.”
Speculation about Mayweather’s finances has intensified in recent months, despite the former boxing superstar repeatedly denying that he is experiencing money problems.
The rumors gained traction after Mayweather was hit with a $7.28 million federal tax lien by the IRS in March 2026 over alleged unpaid taxes, as previously reported by Finurah.
If the debt remains unresolved, the IRS could certify it as a seriously delinquent tax debt to the U.S. Department of State, a move that could lead to restrictions on Mayweather’s U.S. passport under federal law.
Mayweather is also facing lawsuits involving other alleged unpaid debts and claims related to his assets, including jewelry, real estate, and his private jet.
The 50-0 boxer is involved in legal battles with former associates and business partners, including a lawsuit against former associate Jona Rechnitz and others over allegations involving wire transfers, shell companies, missing investments, jewelry, and his private jet as part of an alleged $175 million fraud scheme.
He also allegedly accepted $4.65 million in advances from promoter CSI Entertainment for proposed fights against Mike Tyson and Manny Pacquiao before backing out, along with facing disputes involving investment funds, loan payments, and luxury purchases.
