Floyd Mayweather Jr. suing Showtime for over $340 million

Floyd Mayweather Jr. files mega-millions lawsuit against Showtime

"Retiring undefeated at 50-0, Mr. Mayweather will go the distance in the courtroom just as he has in the ring"

Five-weight world champion Floyd "Money" Mayweather Jr. is suing his former promotions, Showtime, to "recover hundreds of millions of dollars in the misappropriated funds and damages resulting from a long-running and elaborate scheme of financial fraud," according to a report published by TMZ on February 4.

The Hall of Fame fighter claims he was cheated by longtime adviser Al Haymon with "substantial participation and aid" from former Showtime Sports President Stephen Espinoza.

TMZ obtained a copy of the lawsuit, which was filed in a California court, that indicates 48-year-old Mayweather is claiming that Haymon misappropriated a "significant portion of his career earnings," to the tune of almost $340 million.

Showtime and Espinoza are listed as defendants in the lawsuit, while Haymon is not.

Mayweather is suing Showtime and Espinoza for “aiding and abetting breach of fiduciary duty, civil conspiracy to commit fraud, conversion, and unjust enrichment,” per TMZ. And in addition to the $340 million, the boxer is also seeking punitive damages.

The Michigan man believes the money is still "missing and unaccounted for" while alleging Showtime and Espinoza effectively delivered earnings owed to Mayweather directly to Haymon by sending to accounts essentially controlled by the adviser, as per TMZ.

Mayweather and his new management team had asked to review Showtime's books, but claims the network told him they were "lost in a flood" and were no longer accessible.

Mayweather's attorney Bobby Samini told TMZ: “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."

The last seven professional fights of Mayweather’s career, from 2013 to 2017, took place on Showtime's pay-per-view channel against Robert Guerrero, Canelo Alvarez, Marcos Maidana (twice), Manny Pacquiao, Andre Berto, and Conor McGregor.

“Money” Mayweather originally signed a six-fight, 30-month deal with Showtime/CBS in February 2013. Prior to fighting on Showtime, the modern-day boxing legend was aligned with HBO.

Throughout his stint on Showtime, Mayweather was often listed as one of the highest-paid athletes in the world.

While Espinoza was promoting Mayweather’s fights during the Showtime era, Haymon, the founder of Premier Boxing Champions, stayed behind the scenes, as has been the norm throughout his decades involved in boxing.

Before and after his fights, the five-division champion would frequently thank God, Haymon, Showtime, and Espinoza.

In 2014, Mayweather said: “Me and Al Haymon work hand in hand. Al Haymon is a great guy, a tremendous guy. One thing that I can say is that Al Haymon is a man of his word. Whatever he says he's going to do, he's going to do. Al Haymon is one of the best people I have ever met in my life.”

Mayweather, who turns 49 this month, last fought as a professional in 2017 on Showtime against Conor McGregor and also faced Logan Paul in a one-off exhibition bout presented by Showtime in 2021. In between, the retired pro has engaged in several other high-profile exhibition matches, and even has another one lined up in Athens this June against an 18-time world champion read more...

In December 2025, Business Insider published a piece titled "Inside Floyd Mayweather's lavish, debt-filled post-boxing life", investigating into a series of financial issues Mayweather is reportedly dealing with.

Showtime Sports shut down operations in December 2023, and Espinoza ended his tenure at the company at the same time.

Espinoza now serves in several advisory roles across boxing and other sports, and has a background in law, and previously represented the likes of Mike Tyson and Oscar De La Hoya over the last couple of decades before focusing on a career as a television executive.

Espinoza declined to comment to because he had not yet seen a final copy of the lawsuit that was filed.

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