Floyd Mayweather’s Promotional Company Launches $120 Million Dollar Lawsuit

By: Sean Crose Floyd Mayweather has been in the news a great deal lately. This has much to do with the fact that the legendary, 50-0 fighter is going to engage in a pay per view exhibition bout with social media star Logan Paul in June. Yet Mayweather also appears to be engaged in a different sort of fight than the ones he's famous for. It's being reported that Mayweather Promotions, which Mayweather presumably heads, has filed an enormous lawsuit. Per TMZ, the Logan match "was supposed to go down in Dubai -- but the org. he (Mayweather) teamed up with to put on the event dropped the ball ... and now his company is suing for more than $120 MILLION!!" If TMZ is to be believed, Mayweather and company were approached by PAC Entertainment Worldwide in the hopes of presenting the fight in Dubai sometime this year. The deal fell through, however, and now Team Mayweather is taking Pac Entertainment to court. According to TMZ, Mayweather Promotions claims PAC Entertainment "presented financial projections estimating the fight could generate guaranteed amounts for each participant, plus result in the promoters earning more than $100 million in profits after covering all purses and expenses." Needless to say, Mayweather Promotions feels PAC Entertainment didn’t make good on its end of the bargain. If Mayweather Promotions is correct – and that will be up to a court to decide – PAC Entertainment simply promised more than it could effectively deliver on. “Mayweather Promotions,” TMZ writes, “claims the 1st payment of $30 million was due on March 25, 2021 -- but the money never came.” Because of this, Mayweather Promotions feels PAC Entertainment now legally owes the entire nine figure sum. “Mayweather Promotions claims,” says TMZ, “they were left scrambling to make new fight plans -- and ultimately worked out a deal to move the fight to Miami on June 6.” With that in mind, the Mayweather-Paul match is scheduled to go down as planned next month. It will be Mayweather’s first fight since an exhibition bout in Japan several years ago. Mayweather’s last professional fight was in 2017, when he stopped UFC star Conor McGregor in the 10th round of a highly publicized and highly lucrative bout. The post Floyd Mayweather’s Promotional Company Launches $120 Million Dollar Lawsuit appeared first on BoxingInsider.com.

Floyd Mayweather’s Promotional Company Launches $120 Million Dollar Lawsuit

By: Sean Crose

Floyd Mayweather has been in the news a great deal lately. This has much to do with the fact that the legendary, 50-0 fighter is going to engage in a pay per view exhibition bout with social media star Logan Paul in June. Yet Mayweather also appears to be engaged in a different sort of fight than the ones he's famous for. It's being reported that Mayweather Promotions, which Mayweather presumably heads, has filed an enormous lawsuit. Per TMZ, the Logan match "was supposed to go down in Dubai -- but the org. he (Mayweather) teamed up with to put on the event dropped the ball ... and now his company is suing for more than $120 MILLION!!"

If TMZ is to be believed, Mayweather and company were approached by PAC Entertainment Worldwide in the hopes of presenting the fight in Dubai sometime this year. The deal fell through, however, and now Team Mayweather is taking Pac Entertainment to court. According to TMZ, Mayweather Promotions claims PAC Entertainment "presented financial projections estimating the fight could generate guaranteed amounts for each participant, plus result in the promoters earning more than $100 million in profits after covering all purses and expenses." Needless to say, Mayweather Promotions feels PAC Entertainment didn’t make good on its end of the bargain.

If Mayweather Promotions is correct – and that will be up to a court to decide – PAC Entertainment simply promised more than it could effectively deliver on. “Mayweather Promotions,” TMZ writes, “claims the 1st payment of $30 million was due on March 25, 2021 -- but the money never came.”

Because of this, Mayweather Promotions feels PAC Entertainment now legally owes the entire nine figure sum. “Mayweather Promotions claims,” says TMZ, “they were left scrambling to make new fight plans -- and ultimately worked out a deal to move the fight to Miami on June 6.” With that in mind, the Mayweather-Paul match is scheduled to go down as planned next month. It will be Mayweather’s first fight since an exhibition bout in Japan several years ago. Mayweather’s last professional fight was in 2017, when he stopped UFC star Conor McGregor in the 10th round of a highly publicized and highly lucrative bout.

The post Floyd Mayweather’s Promotional Company Launches $120 Million Dollar Lawsuit appeared first on BoxingInsider.com.

Source : Boxing Insider More   

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Daniel Jacobs: “I Want To Be A Hall Of Famer, I Think It Would Solidify It If I Became A Two Division Belt Holder”

By: Hans Themistode Despite the big wins and world titles currently sitting on his mantle, Daniel Jacobs always takes the time to sit back and reflect on how far he’s come. After being diagnosed in 2011 with osteosarcoma, a common bone cancer, Jacobs has gone on to become a multiple division world champion and has shared the ring with some of boxing’s biggest names, including Gennadiy Golovkin and Canelo Alvarez. At the age of 33, Jacobs is fully aware that he’s much closer to the end of his career as opposed to the beginning. Still, that doesn't mean the New York native has any intentions of hanging up his gloves anytime soon. “I would say I have at least a good three or four years in me left,” said Jacobs during an interview with Brian Custer on the Last Stand Podcast. “I’ve had a tremendous career and I look forward to building my legacy.” In building his legacy, Jacobs (37-3, 30 KOs) has a bit of refurbishing to do. The switch hitter put on an uninspiring performance against journeymen Gabriel Rosado in his most recent ring appearance. Heading into their showdown, the prevailing thought process was that Jacobs was simply too fast, too strong and flat out too good for Rosado. Regardless of that notion, Jacobs struggled mightily before eking out a highly controversial split decision. With several months to analyze his performance, Jacobs admits that it wasn't his proudest moment in the ring. With that said, there were certain factors behind his lackadaisical approach. “My last performance wasn't my best performance,” continued Jacobs. “I hate to really make excuses but there were a lot of things going into that fight. I mentally couldn't be at my best.” Putting his recent outing to the side, Jacobs believes he has plenty to be proud of. He’s picked up several notable wins against the likes of Julio Cesar Chavez Jr., Sergiy Derevyanchenko and Peter Quillin. The New York native is now campaigning at super middleweight, and is currently riding a two fight win streak. Considering the names already plastered to his resume, Jacobs believes that if he can simply win another world title in his new home, he will have done enough to reach his ultimate goal. “I want to be a Hall of Famer. I think it would solidify it if I became a two-division belt holder. Also, if I fought some of the key names. I just really want to give the best version of myself. When my career is done, I want to look back and say I gave it my all and I gave my life to the sport of boxing. I want to be proud of what I’ve done.” The post Daniel Jacobs: “I Want To Be A Hall Of Famer, I Think It Would Solidify It If I Became A Two Division Belt Holder” appeared first on BoxingInsider.com.

Daniel Jacobs: “I Want To Be A Hall Of Famer, I Think It Would Solidify It If I Became A Two Division Belt Holder”

By: Hans Themistode

Despite the big wins and world titles currently sitting on his mantle, Daniel Jacobs always takes the time to sit back and reflect on how far he’s come.

After being diagnosed in 2011 with osteosarcoma, a common bone cancer, Jacobs has gone on to become a multiple division world champion and has shared the ring with some of boxing’s biggest names, including Gennadiy Golovkin and Canelo Alvarez.

At the age of 33, Jacobs is fully aware that he’s much closer to the end of his career as opposed to the beginning. Still, that doesn't mean the New York native has any intentions of hanging up his gloves anytime soon.

“I would say I have at least a good three or four years in me left,” said Jacobs during an interview with Brian Custer on the Last Stand Podcast. “I’ve had a tremendous career and I look forward to building my legacy.”

In building his legacy, Jacobs (37-3, 30 KOs) has a bit of refurbishing to do. The switch hitter put on an uninspiring performance against journeymen Gabriel Rosado in his most recent ring appearance. Heading into their showdown, the prevailing thought process was that Jacobs was simply too fast, too strong and flat out too good for Rosado. Regardless of that notion, Jacobs struggled mightily before eking out a highly controversial split decision.

With several months to analyze his performance, Jacobs admits that it wasn't his proudest moment in the ring. With that said, there were certain factors behind his lackadaisical approach.

“My last performance wasn't my best performance,” continued Jacobs. “I hate to really make excuses but there were a lot of things going into that fight. I mentally couldn't be at my best.”

Putting his recent outing to the side, Jacobs believes he has plenty to be proud of. He’s picked up several notable wins against the likes of Julio Cesar Chavez Jr., Sergiy Derevyanchenko and Peter Quillin. The New York native is now campaigning at super middleweight, and is currently riding a two fight win streak. Considering the names already plastered to his resume, Jacobs believes that if he can simply win another world title in his new home, he will have done enough to reach his ultimate goal.

“I want to be a Hall of Famer. I think it would solidify it if I became a two-division belt holder. Also, if I fought some of the key names. I just really want to give the best version of myself. When my career is done, I want to look back and say I gave it my all and I gave my life to the sport of boxing. I want to be proud of what I’ve done.”

The post Daniel Jacobs: “I Want To Be A Hall Of Famer, I Think It Would Solidify It If I Became A Two Division Belt Holder” appeared first on BoxingInsider.com.

Source : Boxing Insider More   

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