Ex-champ eyes big payday to ease woes

Source: Agencies | July 4, 2009, Saturday |

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FLOYD Mayweather Jr. has said rumblings about his financial troubles are nothing more than rumors, but public records show the unbeaten boxer nicknamed "Money" owes about US$6.4 million to the tax man and others.

The Inland Revenue Service hit the former world champion with a lien in October for US$6.17 million in unpaid taxes from 2007. A New Jersey Superior Court judgment from the same year shows he owes US$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 said. "He doesn't owe the IRS US$6.1 million ... I don't (care) what a lien says."

Mayweather, who is returning to the ring after retiring a year ago, has said his scheduled September fight against Juan Manuel Marquez isn't all about a big payday, but a lucrative purse couldn't hurt in his ongoing battle to keep up on his bills.

County records in Las Vegas show the former five-division champ has unresolved debts worth US$9,400 to three homeowners associations.

Boxing

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Ex-champ eyes big payday to ease woes

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