Mayweather Faces Another Lawsuit
Floyd Mayweather's legal problems keep multiplying.
CSI Entertainment has filed a lawsuit against Mayweather seeking damages over his planned bouts with Mike Tyson and Manny Pacquiao, and an injunction to prevent him from fighting K-1 veteran Mike Zambidis next week. The suit arrives days after reports that Mayweather was hit with felony charges over a bad check.
The company alleges it paid $4.5 million for the promotional rights to both the Tyson and Pacquiao fights, only for Mayweather to independently set up the Zambidis bout with a separate promoter and secretly sign a streaming deal for the Pacquiao rematch with another company — routing it to Netflix from the Sphere in Las Vegas without CSI's involvement or knowledge.
The allegation is not that Mayweather's exhibition schedule fell apart through mismanagement — it is that he was operating across multiple deals simultaneously while one promoter believed it had exclusive rights to his activity.
The man who spent his boxing career projecting financial invincibility under the "Money" nickname is now facing numerous problems. The exhibition boxing schedule that was supposed to keep him relevant and lucrative has produced a promoter claiming $4.5 million in damages instead.
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