February 10, 2024
Floyd Mayweather Dropping Almost $20 Million Between The IRS And Super Bowl Tickets Reminded Us We Are Poor
On Feb. 8, Floyd Mayweather took to Instagram to casually disclose he had paid $18 million in taxes to the IRS.
On Feb. 8, Floyd Mayweather took to Instagram to casually disclose he had paid the IRS $18 million in taxes. Reflecting on his high-earning career, Mayweather said that during his peak he generated hundreds of millions of dollars from marquee fights against Manny Pacquiao and Conor McGregor.
In those active years, his tax obligations dwarfed his current payments.
Mayweather, who was undefeated in 50 professional fights, also made waves after unveiling his extravagant plans for the upcoming Super Bowl weekend in Las Vegas. The former champion, who currently resides in that city, took to social media to show how he had lavishly spent $1.1 million to treat 34 friends to a Super Bowl experience at Allegiant Stadium.
While known for his unapologetic lifestyle, Mayweather emphasized his self-sufficiency in securing Super Bowl accommodations.
“I don’t kiss ass, and I never have to beg for nothing, especially not to get a Super Bowl suite,” Mayweather wrote in one of his posts. Asserting control over his experience, he continued, “I get my own seats and suites, so I can do what I want and invite who I want! I’m blessed to be taking 34 people to experience the first Super Bowl in Las Vegas! $1,131,000.00.”
Despite being retired, Mayweather remains a financial force, managing multiple business ventures, owning various properties, and participating in exhibition bouts globally.
“Just before I paid that light million and change for that little Super Bowl stuff, I had to pay the IRS, aka Uncle Sam, $18,047,181,” Mayweather disclosed. The stark difference in his current tax payments versus his active years underscores the financial transformation in his post-boxing career.
Mayweather’s financial disclosures offer a glimpse into the economic dynamics and business acumen of a retired sports icon.