Yesterday, we learned that Floyd Mayweather filed a Tax Court petition on July 5 that asked the IRS to allow him to delay paying his 2015 taxes until after he's paid for his August 26 fight with Conor Mcgregor.
"Although the taxpayer has substantial assets, those assets are restricted and primarily illiquid," the petition said, according to the legal website Law360. "The taxpayer has a significant liquidity event scheduled in about 60 days from which he intends to pay the balance of the 2015 tax liability due and outstanding."McGregor used Floyd's tax bill to talk reckless about his opponent.
“I don’t give a fuck what he did,” McGregor told TMZ. “I don’t give a fuck. I don’t care what he done. He should've stayed retired. He’s fucked now. That’s the god’s honest truth. He should have paid his taxes and stayed retired. And kept my name out of his fucking mouth.”It's unknown how much Mayweather owes the IRS, but it could be up to $100 million, as he made $220 million just from his fight with Manny Pacquiao in 2015.
[Related: Ice Cube is also getting paid for Mayweather-McGregor.]
Money jumped on IG late last night and provided receipts that suggest he paid at least $26 million so far for 2015.
Do you think we're going to be hearing about bankrupt Floyd Mayweather in the future?
50 Cent -- who knows something about that -- has weighed in.