Espinoza On The Mayweather Lawsuit – ‘I’m Definitely Disappointed’

February 9, 2026

4 weeks

Stephen Espinoza has spoken out in response to Floyd Mayweather, who filed a $340 million lawsuit naming him and Showtime Sports.

The lawsuit alleges that Espinoza and Showtime Networks played a “critical role” in facilitating a long-running financial fraud scheme. According to the filing, the executive helped divert hundreds of millions of dollars in fight earnings away from Mayweather and into accounts controlled by the boxer’s former advisor, Al Haymon.

Espinoza On The Mayweather Lawsuit - 'I’m Definitely Disappointed' 1

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“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,” Bobby Samini (Mayweather’s attorney) said

When Mayweather’s new management requested to see the books for his blockbuster fights against Manny Pacquiao and Conor McGregor, they were reportedly told the records were “lost in a flood.” Espinoza responded to the allegations and he was firm in defending his professional record.

“I have not seen the paperwork. I’ve seen the reports, I’ve seen the descriptions, and as usual, the attorneys don’t want me out there publicly saying it. I’m definitely disappointed and surprised. I’m not sure exactly where it’s coming from. It’s a mystery in a lot of ways,” Espinoza said

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Implications

For years, the relationship between Mayweather, Al Haymon, PBC, and Showtime was seen as the gold standard. However, this lawsuit sends a chilling message to younger fighters. It suggests that the traditional model of “in-house” accounting—where the promoter, manager, and network are all closely aligned—is ripe for a lack of transparency. A rising star might now insist on independent, third-party audits of “gate” and “pay-per-view” (PPV) revenue.

Networks may be forced to implement much stricter compliance protocols. Future contracts between broadcasters and athletes will likely include provisions that allow athletes to access financial records at any time. If the lawsuit proves Mayweather’s claims, it could lead to a mass exodus of talent. Fighters under the PBC banner may begin to question if their own earnings are being diverted to cover the company’s “overhead” or other fighters’ purses. We might see a wave of lawsuits from other fighters.