Boxing
Floyd Mayweather’s Former Manager: He’s Broke and I Have Proof
Published
4 months agoon
For years, Floyd Mayweather has been telling the world that he is the smartest businessman in boxing. Now, with another former colleague publicly questioning his finances, Mayweather’s “Money” image is coming under renewed scrutiny.
The undefeated five-weight world champion is currently pursuing a $175 million lawsuit against former manager Jon Rechnitz, alleging misconduct related to jewelry deals, loans and the sale of a private jet.
But Rechnitz is now struggling.
In an interview with YouTuber Spencer Cornelia, Rechnitz rejected Mayweather’s allegations and stated that he had texts, photos, videos and documentation regarding Mayweather’s jewelry rentals and plane sales that told a completely different story.
Proof or posturing?
According to Rechnitz, there is evidence that Mayweather was aware of several deals currently at the center of the legal dispute.
“I don’t want to settle this issue through the media, nor do I want to publicly shame Floyd,” Rechnitz told Cornelia.
“It is unhappy that Floyd wasted his money. I have written him many letters regarding his spending habits, which are documented. I have had many conversations with him about slowing down his spending, but unfortunately it has caught up with him and now he is looking for others to blame.”
Rechnitz went further, arguing that Mayweather repeatedly attacked others when financial disputes arose.
“First he blamed Al Haymon, and now he blames me. He sued Showtime for $340 million, he sued Business Insider for $100 million, and now he’s suing me for $175 million. He’s unsustainable.”
These comments came just weeks after former Showtime Sports chief Stephen Espinoza publicly cast doubt on Mayweather’s separate $340 million claim against the broadcaster.
Questions about Mayweather’s money
Over the years, stories have come to lithe questioning Mayweather’s finances, even though the boxer earned hundreds of millions of dollars during one of the most lucrative careers in sports history.
The difference is that Mayweather has always considered himself an exception.
While fighters like Adrien Broner openly admitted to money-related mistakes, Mayweather built an entire brand around financial discipline, entrepreneurship and sharp investments.
If even one of his largest fighting portfolios had been placed in a high-interest account, the returns alone could have generated more than $200,000 a week without touching the original money.
Time will tell whether Rechnitz’s claims ultimately hold up in court. Mayweather strongly disputes his former manager’s version of events and is seeking significant compensation in the lawsuit.
But time is significant.
Questions continue to arise over Mayweather’s finances, while his proposed rematch with Manny Pacquiao remains in limbo, Mike Tyson’s exhibition continues to be postponed and his scheduled fight with Mike Zambidis looms later this month.
Where did the money go?
For a fighter who spent years convincing fans that no one was better with money than “Money” Mayweather, the conversation is increasingly focused on where the money went.
With Showtime’s $340 million lawsuit, a $175 million lawsuit against his former manager, Pacquiao’s delayed rematch, and modern financial allegations now circulating in the public eye, attention has shifted from Floyd’s next fight back to Floyd’s finances.
About the author
Phil Jay is the editor-in-chief of World Boxing News (WBN) and a boxing veteran with over 15 years of experience. Since 2010, he has been interviewing world champions, breaking down international titles exclusively and reporting from the ring. His work is distributed on major platforms including Apple News. Read the full biography.
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Boxing
Callum Smith vs Dmitry Bivol: Fans Anticipate Exciting Trilogy Showdown
Published
4 hours agoon
October 12, 2026
Matchroom has confirmed that Dmitry Bivol will put his unified light heavyweight titles on the line against Callum Smith at the UMMC Arena in Yekaterinburg, Russia, on December 12. While locking in a date settles months of speculation, the matchup puts the division’s biggest business on hold.
Smith gets his crack at the belts, but anyone holding out for Bivol to finally resolve his rivalry with Artur Beterbiev has to sit through an unwanted detour. Matchroom’s energetic pitch works well enough for fans tracking Smith’s path to a shot. It does far less for anyone wanting the ultimate 175-pound conclusion.
Smith earned his spot fairly when he beat Joshua Buatsi. The trouble comes down to the gap between a legitimate title defense and the bout everyone is dying to see. A third chapter between Bivol and Beterbiev would settle the score after two razor-close wars. Even a pairing with David Benavidez brings ferocious volume punching.
Smith brings none of that buzz. He came up short against Canelo Alvarez, got halted by Beterbiev, and still has to prove he can topple an elite fighter.
His long layoff makes the promotion an even tougher sell. Smith has been out of the ring since taking down Buatsi in February 2025. By fight night, that victory will be nearly two years in the rearview mirror. Sitting on a ranking preserved his title shot, but it killed his momentum.
Bivol brings his own question marks after back surgery led to an extended layoff. That provides Smith a theoretical opening, yet banking on a champion’s decline is a flimsy basis for predicting an upset.
Smith possesses legitimate size, strong range, and a dangerous left hook. Still, he must force Bivol to work at his tempo, which looks like a massive task against the champion’s crisp footwork and sharp, measured offense.
It amounts to a respectable title defense with a heavy favorite. Smith’s camp can celebrate the booking, but pinning a date on the calendar does not make this the blockbuster light heavyweight needs. Bivol and Beterbiev have unsettled business, and this bout kicks that can down the road.
About the author
Boxing 24/7 Wire
Boxing247.com is an independent boxing news publication covering the sport since 2001. It provides original reporting, fight analysis, schedules, results, and informed coverage of major fighters and events worldwide, backed by more than 25 years of professional boxing journalism.
Boxing
Daniel Dubois Must Improve Start to Overcome Fabio Wardley Challenge
Published
4 hours agoon
October 12, 2026
Daniel Dubois needs a sharper performance against Fabio Wardley on Saturday, with trainer Don Charles promising a “more clinical job” from the WBO heavyweight champion in their rematch.
The WBO heavyweight titleholder makes his defense on October 17 at London’s O2 Arena. Charles feels the champion enters this rematch riding high on confidence, though promises of precision have to translate into shutting down Wardley’s avenues of attack.
“We’re expecting, like I said, a better version of Fabio, and we’re definitely going to bring a better version of ourselves,” Charles said to talkSPORT Boxing.
Dubois genuinely needs those adjustments. His initial trouble against Wardley proved perilous the moment the challenger found clean openings. Grabbing victory the first time around does not guarantee success if he walks the exact same path on Saturday.
Wardley let a real opportunity slip by failing to capitalize after landing significant blows. That remains the chief danger Dubois must counter, facing an opponent who acts decisively instead of granting the champion breathing room to recover his timing.
Charles recognizes the tactical shifts Wardley brings.
“He’s a very dangerous guy,” Charles noted. “We prepared for a better version of Fabio.”
Interestingly, the trainer claims Dubois is operating at only 80 percent capacity, leaving substantial room to grow. He points to a calmer champion who grinded through camp while keeping his competitive edge razor sharp.
“We’ve trained as if with the hunger of a challenger,” Charles explained.
Self-belief serves Dubois well, yet it cannot substitute for disciplined guard work under fire. He has to assert his power without hanging out to dry against incoming counters.
Charles is convinced Dubois leaves the ring with his belt after a faster finish. Still, Wardley’s capacity to learn and adapt threatens to complicate those plans. A refined Dubois likely repeats his triumph, but recycling old defensive blunders offers Wardley the exact ticket to an upset.

About the author
Boxing 24/7 Wire
Boxing247.com is an independent boxing news publication covering the sport since 2001. It provides original reporting, fight analysis, schedules, results, and informed coverage of major fighters and events worldwide, backed by more than 25 years of professional boxing journalism.
Boxing
Daniel Dubois Must Improve Start Against Fabio Wardley for Victory
Published
4 hours agoon
October 12, 2026
Daniel Dubois needs a sharper performance against Fabio Wardley on Saturday, with trainer Don Charles promising a “more clinical job” from the WBO heavyweight champion in their rematch.
The WBO heavyweight titleholder makes his defense on October 17 at London’s O2 Arena. Charles feels the champion enters this rematch riding high on confidence, though promises of precision have to translate into shutting down Wardley’s avenues of attack.
“We’re expecting, like I said, a better version of Fabio, and we’re definitely going to bring a better version of ourselves,” Charles said to talkSPORT Boxing.
Dubois genuinely needs those adjustments. His initial trouble against Wardley proved perilous the moment the challenger found clean openings. Grabbing victory the first time around does not guarantee success if he walks the exact same path on Saturday.
Wardley let a real opportunity slip by failing to capitalize after landing significant blows. That remains the chief danger Dubois must counter, facing an opponent who acts decisively instead of granting the champion breathing room to recover his timing.
Charles recognizes the tactical shifts Wardley brings.
“He’s a very dangerous guy,” Charles noted. “We prepared for a better version of Fabio.”
Interestingly, the trainer claims Dubois is operating at only 80 percent capacity, leaving substantial room to grow. He points to a calmer champion who grinded through camp while keeping his competitive edge razor sharp.
“We’ve trained as if with the hunger of a challenger,” Charles explained.
Self-belief serves Dubois well, yet it cannot substitute for disciplined guard work under fire. He has to assert his power without hanging out to dry against incoming counters.
Charles is convinced Dubois leaves the ring with his belt after a faster finish. Still, Wardley’s capacity to learn and adapt threatens to complicate those plans. A refined Dubois likely repeats his triumph, but recycling old defensive blunders offers Wardley the exact ticket to an upset.

About the author
Boxing 24/7 Wire
Boxing247.com is an independent boxing news publication covering the sport since 2001. It provides original reporting, fight analysis, schedules, results, and informed coverage of major fighters and events worldwide, backed by more than 25 years of professional boxing journalism.
Callum Smith vs Dmitry Bivol: Fans Anticipate Exciting Trilogy Showdown
Daniel Dubois Must Improve Start Against Fabio Wardley for Victory
Daniel Dubois Must Improve Start to Overcome Fabio Wardley Challenge
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