floyd's selling his ferrari, he must be goin' broke...

[powerpuncher]

i know he has a ton of them so maybe he is getting rid of some of them.

[Beanflicker]

He's going to go broke when he retires because he's stupid with money like most boxers.

I think he's probably just as stupid as Pacquiao, the only difference is he makes a fuck load more money and gets to keep a much higher percentage.

He actually has a name for the professional gold diggers that surround him (TMT)

[generalbulldog]

As boxing history has shown us, it's that many of the biggest stars of the sport will go broke when they hang it up.

Only a few has escaped that fate such as Leonard and De La Hoya comes to mind. Hagler is doing well or at least isn't broke. Ali is doing well and so is Naseem Hamed.

[cyclone]

As boxing history has shown us, it's that many of the biggest stars of the sport will go broke when they hang it up.

Only a few has escaped that fate such as Leonard and De La Hoya comes to mind. Hagler is doing well or at least isn't broke. Ali is doing well and so is Naseem Hamed.

Oscar isn't doing as well as ya'll think/wish..

[Violent Demise]

As boxing history has shown us, it's that many of the biggest stars of the sport will go broke when they hang it up.

Only a few has escaped that fate such as Leonard and De La Hoya comes to mind. Hagler is doing well or at least isn't broke. Ali is doing well and so is Naseem Hamed.

Oscar isn't doing as well as ya'll think/wish..

Financially he is

[powerpuncher]

I agree that Floyd overspends but he isn't stupid with money. He will continue making money after boxing through promoting and investing. He may make bad life choices but that doesn't mean he is an idiot in all aspects of life. The only way he is going broke is through excessive gambling

[cyclone]

As boxing history has shown us, it's that many of the biggest stars of the sport will go broke when they hang it up.

Only a few has escaped that fate such as Leonard and De La Hoya comes to mind. Hagler is doing well or at least isn't broke. Ali is doing well and so is Naseem Hamed.

Oscar isn't doing as well as ya'll think/wish..

Financially he is

No he isn't.

Dude is a damn junky..

[Violent Demise]

As boxing history has shown us, it's that many of the biggest stars of the sport will go broke when they hang it up.

Only a few has escaped that fate such as Leonard and De La Hoya comes to mind. Hagler is doing well or at least isn't broke. Ali is doing well and so is Naseem Hamed.

Oscar isn't doing as well as ya'll think/wish..

Financially he is

No he isn't.

Dude is a damn junky..

This article from a couple of weeks ago says otherwise. Worth more than Floyd

Reports: Oprah Winfrey, Oscar De La Hoya, Floyd Mayweather Jr., even Matt Damon would like to buy Clippers | ProBasketballTalk

[denilson200]

As boxing history has shown us, it's that many of the biggest stars of the sport will go broke when they hang it up.

Only a few has escaped that fate such as Leonard and De La Hoya comes to mind. Hagler is doing well or at least isn't broke. Ali is doing well and so is Naseem Hamed.

One of the key reasons is that they never actually have the money it's claimed they do. After taxes and payouts a 100M can become, 20 net pretty quick. If you spent like you had 100, you're screwed.

Evander Holyfield should be a lesson to all boxers. 100 bedroom house and 3 divorces, what a fool.

What rich boxers fail to realize, is the maintenance involved in such purchases you can't forget about those leeches (family members included) that drain you dry.

Having said that I think it’s a bit of an over-rated myth promoted by Hollywood about once great fighters who go broke when retired but when it does happen EVERYONE GETS TO HEAR ABOUT IT

Even if not entirely true

Take Tito Trinidad, last we heard he was broke.

But truth is Tito Trinidad owns a huge chain of gas stations in Puerto Rico and continues to make money through small businesses but he did lose 60 million and now Trinidad is left with $9 million (aw poor Tito) in assets and about three times that in debts, according to boxing publication The Ring

Tito Trinidad reportedly broke after aide squandered $63 million - Ring TV

Everyone knows about the Joe Louis story (Who is the poster boy for broke fighters) and Leon Spinks and many others

Also, what do people mean by 'broke' ?

The only fighters I know who REALLY-REALLY went broke were the likes of Iran Barkley the previously mentioned Leon Spinks. You had others who ppl said went broke, Hitman Hearns, Riddick Bowe but you are hardly likely to see either of them on welfare.

I'm sure there are many once rich broke business men, Carl Schilling for example, from Boston Red Sox is broke right now cause he invested all 185 million on a company that went bankrupt and he lost it all.

You have to be smart with your money and not have bunch of morons advising you to do the wrong thing and living out of interest maybe sufficient for most people but people like boxers with their life style may not be enough, they sometime spend more than they will earn out of interests and plus most fighters are hugely generous, Tommy Hearns gave away millions to family and friends as did Ali and Roberto Duran

Likewise there are many singers and actors who have gone broke but you don't here the same hoop-la about them.

IMO - There are more fighters who are doing well - financially - after retirement

• Lennox Lewis.
• Ike Quartey.
• Larry Holmes.
• Roy Jones.
• David Haye.
• Vitaly Klitschko.
• My man Ronald 'Winky' Wright is doing good and he was semi-retired for years before he really retired.
• Micheal Soinks.
• George Foreman.
• Joe Calzaghe.
• Nigel Benn.
• Steve Collins.
• Humberto Soto (He has taken all his purses over the years and owns a fleet of transit buses in his hometown in mexico. I heard on a telecast he has expanded it substantially) Jameel McCline (He has also done well too I read. He chose to come out of retirement to see if he still had it. He got a few fights in but clearly needed to go back into retirement. he lost to)
• Steve Collins.
• Naseem Hamed (Prince Naseem is loaded. Invested in property in Sheffield and oil from his heritage in Yemen.
• Gerry Cooney

Each of them could easily afford to give me or you $50 grand and not want it back

But boxers being financial shrewd with their money does is not sexy and does not trigger any stereotype that people have of boxers

As for Mayweather. He does have a lot of hangers on but I think he has made too much money to go broke. He will be well off for life. He only fights for big money and not chump change due to his understanding of his ability to generate revenue like no other in the sport.

Plus, I think all his seemingly reckless spending is a big ol facade to the public (he is "Money May" right?). Floyd is more business savvy then many give him credit for.

[cyclone]

He's going to go broke when he retires because he's stupid with money like most boxers.

I think he's probably just as stupid as Pacquiao, the only difference is he makes a fuck load more money and gets to keep a much higher percentage.

He actually has a name for the professional gold diggers that surround him (TMT)

So much hate...smh.

If Floyd were just as stupid as Pac he'd still be with Bob Arum....

Worry about your own lil stack and stop trying to play fortune teller.