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Floyd Mayweather Jr. files a $340 million lawsuit against Showtime

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Vital update – February 7, 2026: Former president of Showtime Sports Stephen Espinoza responded to allegations contained in Floyd Mayweather Jr.’s $340 million lawsuit.

In a February 7 podcast interview on YouTube Compass in rhythmEspinoza expressed surprise and disappointment, defending his integrity:

“I’m proud of my reputation. It’s a reputation for integrity… and I’ve never done anything to hurt a player and change him in a miniature period of time.”

“I’m definitely disappointed and surprised, I haven’t talked to Floyd about it and in many ways it’s a secret.”

“The lawsuit will resolve itself.”

Source:
Interview with Compas On The Beat on YouTube – February 7, 2026

Espinoza declined to comment further, postponing the legal process. Showtime Networks has not provided any formal response.


Retired boxing legend Floyd Mayweather Jr. filed a 25-page lawsuit regarding February 4, 2026 (some reports cite February 3), in Los Angeles County Superior Court v Showtime Networks Inc. and former sports president Stephen Espinoza. The lawsuit accuses them of aiding and abetting a decades-long fraud organized by Mayweather’s former adviser. Al Haymon — who is not named as a defendant, reportedly for personal reasons.

At least that’s what Mayweather says $340 million fighting earnings were embezzled, some over $1.2 billion overall in professional portfolios.

Basic Misconduct Claims

The complaint describes A More than 15 years of ‘sophisticated financial fraud scheme’ including:

  • Hidden accounts and unauthorized redirects — Showtime sent earnings to third-party accounts controlled by Haymon and associates (including Jeff Morris) rather than directly to Mayweather. Funds were then allegedly diverted using false labels such as “reimbursements,” “loan repayment” or “expenses” to Haymon.
  • Using a slush fund — Unrelated expenses financed with big-ticket fight money, including a $20 million “reimbursement” falsely linked to the 2015 Andre Berto fight.

Hiding and changing records

Alleged attempts to hide the program include:

  • Showing Mayweather only selected documents.
  • Changing contract dates (e.g., erasing and rewriting, with notes such as “We need to discuss our a-“).
  • Claims documentation was destroyed during the 2023 floods.
  • Refusal to provide full financial documentation in 2024, citing limitation or unavailability.

Examples of incorrect payments

  • Immense transfers (up to $15 million) unrelated to fight dates.
  • Many years of delays in payments (e.g. the fight with Pacquiao).
  • Using blockbuster earnings for non-combat expenses.

Showtime and Stephen Espinoza’s role

Showtime and Espinoza allegedly:

  • Red flags ignored when hundreds of millions were transferred by third parties.
  • Redirections made simple.
  • He helped hide himself by withholding documentation.

Espinoza, who negotiated Mayweather’s six-fight contract in 2012, is accused of “substantial assistance.” The lawsuit claims that Showtime “effectively delivered the money owed to Floyd directly into Haymon’s hands.”

It’s about fights and earnings

The allegations focus on Mayweather’s era on Showtime, specifically his last seven fights, including:

  • Canelo Alvarez
  • Manny Pacquiao (purse worth approximately $220 million)
  • Conor McGregor
  • Others under a six-fight deal from 2012 to 2015

Reasons for action and aid sought

Claims include:

  • Fraud
  • Aiding and abetting breach of fiduciary duty
  • Civil conspiracy
  • Conversion

Mayweather is looking for:

  • $340 million compensatory damages
  • Additional compensation for lost opportunities
  • Punitive damages
  • Forensic accounting costs
  • Legal fees

A jury trial is requested.

Current status

The case is at an early stage. No public reaction from Showtime or Espinoza beyond the podcast comments.

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Devin Haney Confident Ahead of Dec. 19 Title Unification Battle with Liam Paro

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"Devin Haney Confident Ahead of Dec. 19 Title Unification Battle with Liam Paro"

A formal press release was issued today announcing the December 19 welterweight title unification between Devin Haney and Liam Paro at San Francisco’s Chase Center, and in anticipation of the meeting with a co-feature of Brian Norman vs Abel RamosHaney shared his excitement for what he expects to be another successful outing to snag some more hardware.

“My resume speaks for itself,” Haney said. “I’ve never been afraid to go into a champion’s backyard and put my record on the line. I went to Australia, took George Kambosos’ belts, and became undisputed lightweight champion of the world. Now I’m bringing another Australian world champion, Liam Paro, into my backyard. This time, I plan to take his belt and become a unified welterweight world champion right here at home.
“Oakland is where my story started, and the Bay Area has always been part of who I am. The Valkyries just brought a championship to Chase Center, and on December 19, I plan to keep that championship energy going.

“I made history in Australia. Now it’s time to make history at home.”

Paro, however hopes to upset the odds, knowing he’ll be coming into this fight as a decided underdog.

“Three years ago, I was on the undercard at Chase Center the night Devin fought Regis Prograis,” Paro said. “I said back then that Haney versus Paro rolls off the tongue. Now it’s here. Champion versus champion, two belts on the line, in his backyard.

“I’ve never taken the easy road. I went to Puerto Rico and took the title off Matias in front of his own people. Devin’s a great fighter and I respect that. But I’ve been the underdog plenty of times and I’ve made history before. December 19, I’m coming to unify the division and make more history.”

With the WBO and IBF welterweight world titles on the line, one fight will be heading into the new year halfway to undisputed.

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Liam Paro Set to Face Devin Haney at Chase Center for Title Showdown

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"Liam Paro Set to Face Devin Haney at Chase Center for Title Showdown"

Liam Paro served as supporting cast the last time Devin Haney headlined at Chase Center. Come December 19, he walks into San Francisco carrying the IBF welterweight title, gunning to strip Haney of his WBO strap.

Three years transformed Paro from an undercard face into a headline attraction. He watched Haney shut out Regis Prograis from the locker room in December 2023. Now he commands the marquee, even if getting US fight fans to open their wallets on pay-per-view presents an uphill battle.

“Three years ago, I was on the undercard at Chase Center the night Devin fought Regis Prograis. I said back then that Haney versus Paro rolls off the tongue. Now it is here. Champion versus champion, two belts on the line, in his backyard. I have never taken the easy road. I went to Puerto Rico and took the title off Matias in front of his own people,” Paro stated.

The Australian proved his mettle by snatching the 140-pound crown from Subriel Matias on hostile soil. Richardson Hitchins took it right back six months later, checking Paro’s momentum before mainstream crowds took notice.

The jump to 147 pounds provided the reboot he needed. Three straight wins, capped by a gritty points victory over Lewis Crocker to claim the IBF strap, set the stage for this encounter.

Haney ends a lengthy layoff on home turf. Sitting out more than twelve months makes asking fans to purchase a DAZN PPV against a fighter unknown to mainstream viewers a tough sell. Belts by themselves rarely move the needle at the box office.

Brian Norman Jr. takes on Abel Ramos in the ten-round co-feature. Norman dropped his WBO belt to Haney last November and must now accept undercard placement on his conqueror’s bill.

Paro earned his position the hard way. December 19 decides if his punch output can upset the hometown favorite or if Haney cruises behind his jab.

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Tyson Fury Dismantles Wilders Career: A Turning Point in Their Ongoing Rivalry

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"Tyson Fury Dismantles Wilder's Career: A Turning Point in Their Ongoing Rivalry"

Tyson Fury sees little point in Deontay Wilder stepping inside a ring again, an inconvenient stance given Wilder’s spot on his upcoming December 11 card. Labeling the former champion “shot to bits” severely undercuts Jai Opetaia’s heavyweight entrance, turning a marquee pairing into an exercise in past glory.

Wilder meets the undefeated cruiserweight ruler at Cardiff’s Principality Stadium, supporting the Netflix headliner between Fury and Anthony Joshua. Opetaia carries a spotless 31-0 record into the division. Wilder enters at 45-4-1. While the American’s presence guarantees instant marquee value, Fury openly questions if any real substance remains.

“Silly for Deontay’s part,” Fury remarked to FightHype regarding the bout. “He shouldn’t be nowhere near a ring. It’s a dying shame that this man has to continue to fight when he’s shot to bits.”

Fury argued Wilder should have walked away after their brutal 2021 trilogy finale. He referenced Wilder’s narrow split decision over Derek Chisora in April to illustrate the decline, pointing out that Chisora walked through shots that once ended nights instantly.

This goes well beyond standard fight banter or favoring the younger fighter. Fury insists any ring appearance by Wilder is a mistake, no matter the rival. Sharing thirty rounds across three savage encounters gives his assessment real credibility, even with his typical theatrical flair taken into account.

That leaves promoters with an awkward narrative. Wilder’s box office appeal relies entirely on the sudden violence of his equalizer. If the card’s headline attraction claims that thunder is gone, fans are paying for nostalgia rather than prime danger.

Opetaia faces a distinct reputational limit because of it. A dominant performance adds a legendary heavyweight scalp to his ledger, yet it will not convince skeptics he can challenge the division elite. Fury provided the counterargument months in advance: the opponent should have stepped away long ago.

The move up remains hazardous for the Australian. Stepping up in weight brings obvious physical disadvantages, and assuming Wilder is completely toothless would be reckless. Opetaia must rely on sharp footwork, making the veteran chase shadows instead of giving him a stationary target.

Diminished skills can still pack enough punch to alter someone venturing north of 200 pounds. Even so, this version barely resembles the wrecking ball who defended the WBC belt ten times.

Fury tore through the promotional sheen around this contest. Opetaia gets his crack at the famous Bronze Bomber name, but the card’s top star insists the man in Cardiff belongs in the crowd, not under the lights.

What’s interesting is how Fury is eager to declare Wilder finished, yet plenty of fans see his main event with Joshua as two faded names cashing in before the wheels fall off completely.

If Joshua catches him and puts him away early, the reaction will be merciless. The narrative will immediately flip to Fury being a shell of the giant who outboxed Wladimir Klitschko or battered Wilder in their rematch.

When a fighter spends years taking heavy punishment, blowing up between camps, and showing diminished punch resistance, the drop-off rarely happens gradually. It comes all at once.

Ever since the Francis Ngannou knockdown, Fury’s aura of invincibility has vanished. He was hurt badly and dropped by Oleksandr Usyk, and even in his recent bouts against big punchers like Arslanbek Makhmudov, he showed far less mobility and far more vulnerability to clean shots. His legs do not bail him out of trouble the way they used to.

Joshua rebuilt his career against lower-tier opposition, Kristian Prenga, and a crossover fight with Jake Paul, but the memory of being taken apart by Daniel Dubois, Oleksandr Usyk, and flattened by Andy Ruiz Jr. never truly disappeared. He remains cautious, mechanical, and prone to freezing.

If Joshua lands the clean right hand and flattens him, Fury will not have any room to complain about the commentary that follows. You cannot publicly brand your former rival a walking corpse on your undercard, then expect sympathy when the boxing public decides Father Time caught up to you on the very same night.

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