Floyd Mayweather Jr. owes $6.2 million in federal income taxes

[Gandalf]

Floyd doesnt even know what the word tax means. Sure, he can cover it. But he is hardly the type of person you would ever expect to make astute financial decisions.

[luvfightgame]

I have long predicted PBF will be broke if he doesn't grow up. "Money" doesn't go as far as you think. Maintaining the lifestyle has a huge cost, taxes is a big part of that.

You buy a million dollar home and have to pay taxes on it for the rest of your life. Celebs think cause they bought the house they don't have to budget. You have to make your "mortgage" payment to IRS or else they will gestapo your ass.

[JT Rock]

I have long predicted PBF will be broke if he doesn't grow up. "Money" doesn't go as far as you think. Maintaining the lifestyle has a huge cost, taxes is a big part of that.

You buy a million dollar home and have to pay taxes on it for the rest of your life. Celebs think cause they bought the house they don't have to budget. You have to make your "mortgage" payment to IRS or else they will gestapo your ass.

not being a jerk to you guys... But none of us have a clue about what Floyd really does with his money and who manages it and how viable he is... No one knows what his investments are and what his debt to income is... Believe me just cause you see him throwing $100's around for publicity stunts is the same as someone throwing $1's around when your making $200,000 a year its just a drop in the bucket

[Chino]

The way Floyd talks about all the money he has blah blah blah I am sure he would mention all his investments and stuff. Tyson had lots of yes-men around him and when his money dissapeared in a puff of smoke so did all his yes-men.

[JT Rock]

The way Floyd talks about all the money he has blah blah blah I am sure he would mention all his investments and stuff. Tyson had lots of yes-men around him and when his money dissapeared in a puff of smoke so did all his yes-men.

Big difference between the 2 and 2 totally different set of circumstances

[luvfightgame]

I have long predicted PBF will be broke if he doesn't grow up. "Money" doesn't go as far as you think. Maintaining the lifestyle has a huge cost, taxes is a big part of that.

You buy a million dollar home and have to pay taxes on it for the rest of your life. Celebs think cause they bought the house they don't have to budget. You have to make your "mortgage" payment to IRS or else they will gestapo your ass.

not being a jerk to you guys... But none of us have a clue about what Floyd really does with his money and who manages it and how viable he is... No one knows what his investments are and what his debt to income is... Believe me just cause you see him throwing $100's around for publicity stunts is the same as someone throwing $1's around when your making $200,000 a year its just a drop in the bucket

The first part is true, but throwing around hundreds when you're making 200k a year won't last long. In reality he's a small fish when it comes to making money. He's WAY down the totem pole on the list of big makers that went broke.

I don't want to see him broke, but seriously he had 2 good years, he doesn't even make the top 500 list for net worth. 2 good years to make it and 6 or 7 dumb years and it's gone. I think everyone can agree that he seems to be living the lifestyle of the guys that end up broke.