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Floyd Mayweather calls himself ‘the worst person to ever walk this planet’

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Floyd Mayweather at a 2026 press conference at Mayweather Gym

Floyd Mayweather’s financial situation is back in the spotlight after the boxing legend filed a $175 million fraud lawsuit against former colleagues while continuing to pursue multiple comeback fights.

How first reported by TMZMayweather filed a lawsuit in Fresh York accusing former associate Jona Rechnitz, investment firm Frist Apex Ventures, Ayal Frist and lawyer Alexander Seligson of orchestrating what Floyd describes as a multi-year scheme involving unauthorized transfers, fraudulent investments and missing luxury assets.

Mayweather’s legal team alleges that millions of dollars were diverted through business entities linked to Rechnitz and Frist, including real estate proceeds, jewelry transactions and the refinancing of several properties.

Among the most eye-catching claims are allegations that Mayweather’s jewelry worth about $100 million was transferred to jewelers for only about $13 million, while Floyd also claims that money tied to the sale of his Gulfstream jet disappeared without explanation.

The lawsuit also alleges that Mayweather contributed $7.5 million to an investment that never materialized and millions more were transferred without his consent.

Mayweather’s attorney, Leo Jacobs, stated: “The conduct alleged in this letter – including the diversion of settlement proceeds, refinancing of proceeds, and repeated distributions of properties to accounts controlled by Jona Rechnitz through Frist Apex Ventures – requires full forensic accounting.

“We look forward to obtaining this settlement and recovering every dollar to which our client is entitled.”

Floyd Mayweather lawsuit

The lawsuit was filed shortly after Mayweather publicly attacked Rechnitz on social media.

“Liar, thief, rat and snake,” Floyd wrote.

“Jona Rechnitz is the worst person to ever walk this planet.”

The accusations added another chapter to a confused twelve months for Mayweather.

Mayweather’s past year has been a mix of financial rumors and comeback plans that stalled as his previously quieter life flared up again even as he neared 50.

Several fights have fizzled out, been delayed or simply didn’t happen as Mayweather now has an incredible three fights in the next four months.

Is this a sign of potential financial problems?

This was a question many people were asking before Mayweather began filing lawsuits, which apparently fueled speculation about his finances.

The fight for Mayweather’s return

But it’s not like Mayweather spent all his money. As previously reported, the five-division champion claims he was defrauded by a combination of his former television network Showtime and Stephen Espinoza and former partners and business associates.

Mayweather tries not to portray this as his fault, but it’s becoming increasingly hard for some to accept that Floyd ultimately chose the people he worked with and surrounded himself with.

How it will all play out is anyone’s guess, and whether the fights against Mike Zambidis, Mike Tyson and Manny Pacquiao will take place in that order is still uncertain.

Despite the mounting legal drama, Mayweather continues to post a mix of training materials and legal updates on social media less than a month before he is scheduled to fight Zambidis in Greece.

The event remains ongoing for now as Floyd prepares for another comeback and legal pressure continues to mount around him.


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. Read the full biography.

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Terence Crawford Confirms Ryan Garcia Will Defeat Conor Benn: I Got Him | Boxing News

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"Terence Crawford Confirms Ryan Garcia Will Defeat Conor Benn: 'I Got Him' | Boxing News"

Next month, Ryan Garcia will go toe-to-toe with Conor Benn in the first defence of his WBC welterweight title, and now former pound-for-pound king Terence Crawford has doubled down on his prediction for the clash.

Crawford hung up the gloves whilst recognised as the pound-for-pound number one in December, but that has not stopped ‘Bud’ from developing a heated rivalry with Garcia since his retirement, with the pair making regular jibes at one another in recent months.

Garcia has now revealed his intentions to tempt the undefeated southpaw out of retirement if he retains his title against Benn, but the Omaha-born sensation has declared his belief that Garcia will lose his belt to the Briton, favouring the challenger’s size and power.

Now, as fight week edges closer, Crawford has once again insisted that Benn will pull off the upset, as he told Fight Hub TV that he is picking ‘The Destroyer’ to come out on top.

“It’s going to be a good fight. I got Conor Benn!”

Benn will be competing at welterweight for the first time in nearly five years, looking to wrestle away the belt that Garcia won back in February with a win over Mario Barrios.

The event takes place on Saturday, September 12, at the T-Mobile Arena in Las Vegas, and on the undercard, Jai Opetaia is set to take on current WBC cruiserweight world champion Noel Mikaelian.

It currently remains to be seen whether the Armenian will still be the reigning titleholder when fight night comes around though, due to rumours that Mikaelian will be stripped for avoiding a fight with David Benavidez.

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Carl Froch Claims One Welterweight Champion Could Have Stopped Terence Crawfords Unbeaten Streak

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"Carl Froch Claims One Welterweight Champion Could Have Stopped Terence Crawford's Unbeaten Streak"

Terence Crawford faced and defeated 42 different opponents during a 17-year career, but super-middleweight icon Carl Froch believes that there is one welterweight who would have put an end to Crawford’s unbeaten streak if they were to meet in their primes.

Crawford became the first post-war boxer to claim the undisputed title in three separate weight divisions last September; a run which began as a super-lightweight in 2015 by defeating Thomas Dulorme, then unifying against Viktor Postol before halting Julius Indongo in an undisputed title showdown.

‘Bud’ then moved on to the welterweight scene and knocked out Jeff Horn to capture the WBO world title on his 147lb debut, making five defences of the title before colliding with fierce rival and three-belt unified titleholder, Errol Spence Jr, in 2023.

In a unforgettable fight, Crawford brutally beat Spence down in an authoritative ninth-round stoppage win to capture the undisputed welterweight throne. Talk then turned to an unprecedented three-weight move up to super-middleweight to take on Canelo Alvarez.

After stopping off at super-welterweight to dethrone Israil Madrimov on his way up, Crawford debuted at super-middleweight in a challenge for Canelo’s undisputed crown and outboxed the Mexican superstar in an iconic win last year, hanging up the gloves three months later.

Despite those legendary achievements, Froch picked Floyd Mayweather Jr to come out on top in a potential fantasy fight against the Omaha southpaw, in an episode of ‘Froch on Fighting’.

Mayweather’s achievements speak for themselves, retiring with a perfect 50-0 unbeaten record after claiming world honours in five divisions, with his most impressive reign coming at 147lbs, where he defeated the likes of Manny Pacquiao and Shane Mosley.

Mayweather has been rumoured to make a comeback, but while there would be huge finances that would be on offer, Crawford has revealed that he would have no interest in ending his retirement for a bout with ‘TBE’, believing that the 49-year-old is ‘old’ and ‘done’.

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Conor Benn Reveals His Pick: Oscar De La Hoya vs Terence Crawford Showdown in Boxing History

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Conor Benn Reveals His Pick: Oscar De La Hoya vs Terence Crawford Showdown in Boxing History

Terence Crawford has been hailed by many as the best fighter of this generation following his retirement, and now WBC welterweight title hopeful Conor Benn has shared how he thinks ‘Bud’ would have fared against six-division world champion Oscar De La Hoya.

Crawford became boxing’s sixth five-division world champion with an iconic win over Canelo Alvarez back in September; joining Thomas Hearns, Sugar Ray Leonard, De La Hoya, Floyd Mayweather and Manny Pacquiao in that elite and exclusive club reserved only for legends of the sport.

Of that group, only De La Hoya and Pacquiao have gone on to conquer a sixth division, with De La Hoya’s 2004 WBO middleweight world title win over Felix Sturm seeing the Californian become the first boxer to ever become a sextuple champion.

Crawford could have joined ‘’The Golden Boy’ and ‘Pac-Man’ in achieving that feat, having been offered a middleweight world title shot during the aftermath of his triumph over Canelo late last year – a proposal which later fell apart due to a failed doping test by Janibek Alimkhanuly.

Continuing the praise that the Omaha-born southpaw has received since announcing his retirement last December, Benn told Daily Mail Boxing that he would favour the undefeated star to get the better of De La Hoya, if they were to meet in their primes.

Benn also went on to predict that Crawford would retain his unbeaten streak against other greats of the game, picking him to come out on top against each of Mayweather, Julio Cesar Chavez, Pernell Whitaker and Roberto Duran.

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