Floyd Mayweather Sues Showtime: $340M Fraud Claim Revealed

Floyd Mayweather Jr. Is adding another bout to his schedule, though this one is taking place outside the boxing ring. The retired champion has filed a lawsuit against Showtime and former Showtime Sports president Stephen Espinoza, alleging a “long-running and elaborate scheme of financial fraud” that he claims cost him at least $340 million.

The lawsuit, filed on Tuesday, February 3, 2026, centers around accusations that Showtime and Espinoza aided Mayweather’s former manager, Al Haymon, in misappropriating funds earned throughout Mayweather’s illustrious career. While Haymon is central to the allegations, he is not named as a defendant in the complaint.

Mayweather, 48, asserts that he earned over $1 billion during his professional boxing career, yet a substantial portion of those earnings remains unaccounted for. The complaint details a pattern of alleged financial manipulation, with funds from some of Mayweather’s biggest fights – including bouts against Manny Pacquiao and Conor McGregor – allegedly diverted to accounts controlled by Haymon.

According to reports, Mayweather’s legal team requested access to Showtime’s financial records to investigate the discrepancies. However, the boxer was allegedly told the records were either “lost in a flood” or were otherwise inaccessible, further fueling suspicions of deliberate concealment.

The lawsuit specifically cites a debt of approximately $20 million from Mayweather’s 2015 welterweight championship fight against Andre Berto, claiming Showtime still owes him that amount. The broader claim, however, encompasses “hundreds of millions of dollars in misappropriated funds and damages,” with Mayweather seeking to recover at least $340 million.

Bobby Samini, Mayweather’s attorney, expressed confidence in the outcome of the case. “Floyd is one of boxing’s biggest pay-per-view draws. He generated hundreds of millions of dollars in revenue for Showtime,” Samini stated. “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 legal action comes nearly eight years after Mayweather’s official retirement from professional boxing in 2017, where he finished with an undefeated record of 50-0. In 2013, Mayweather signed a lucrative six-fight deal with Showtime, reportedly the richest deal for an individual athlete at the time, setting the stage for a highly profitable partnership that Mayweather now alleges was marred by fraud.

The complaint alleges a “complex web of hidden accounts, unauthorized transactions and deliberate concealment of financial records” orchestrated by Haymon, with the alleged knowledge and participation of Showtime and Espinoza. The lawsuit claims Haymon acted as a “father figure” to Mayweather, exploiting that relationship to carry out the alleged scheme.

Stephen Espinoza, the former Showtime Sports president, has not yet responded to requests for comment regarding the lawsuit. The case is currently filed in Los Angeles Superior Court, and the legal proceedings are expected to unfold in the coming months. The outcome could have significant implications for the financial transparency of boxing and the relationships between athletes, managers, and broadcasting networks.

While the details of the alleged fraud are complex, the core of Mayweather’s claim rests on the assertion that funds rightfully belonging to him were systematically diverted through a network of hidden accounts and unauthorized transactions. The lawsuit represents a significant challenge to Showtime and Espinoza, and the boxing world will be closely watching as the case progresses.