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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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Filip Hrgovic Faces Dubois Rematch Challenge Against Frank Sanchez

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"Filip Hrgovic Faces Dubois Rematch Challenge Against Frank Sanchez"

Filip Hrgovic risks blowing a massive rematch with Daniel Dubois before formal talks even begin. Frank Sanchez stands in his way, expected to challenge for the IBF heavyweight crown in Croatia early next year.

Hrgovic crashed the ring after Dubois blasted out Fabio Wardley inside two rounds on Saturday, demanding an immediate March unification. Manager Keith Connolly, however, sees Sanchez as the mandatory hurdle that must come first.

“We’ll probably fight Sanchez and get that out of the way and then do the bigger fight afterwards,” Connolly told BoxingScene.

Writing off Sanchez like that carries serious danger. One slip costs Hrgovic his hardware, wiping out the massive financial reward of a unified clash with Dubois.

Sanchez previously took step-aside money so Hrgovic could battle Moses Itauma for the vacant belt in August. After stopping Itauma in the ninth round, Hrgovic became legally bound to face the Cuban contender. Bypassing Sanchez now to jump right at Dubois demands another costly deal.

Connolly targets a date past January for the defense, noting that talks with Croatian officials continue without an official schedule.

“I think Sanchez is a good match-up for my guy,” Connolly claimed. “Sanchez is not going to knock my guy out.”

Hrgovic took sustained, heavy punishment against Itauma before youth and exhaustion caught up with the British fighter. He got dropped in round two, ate flush uppercuts, and spent six rounds absorbing clean power shots before his toughness finally paid off.

Wars like that take something out of a fighter that never truly returns. Walking into a bout against Sanchez right after that kind of beating is asking for disaster. Sanchez possesses elite Cuban schooling. He controls distance, sets traps, and makes opponents pay when they overreach.

Unlike Itauma, who blew his entire gas tank chasing an early knockout, Sanchez paces himself. He stays disciplined, works behind a slick jab, and detonates accurate counter rights.

Hrgovic still fights with an upright posture that leaves his chin available. Dubois cracked it until cuts forced a halt, and Itauma landed at will early. If Hrgovic lumbers forward against Sanchez hoping his durability carries him again, he could find himself outboxed, battered, and thoroughly picked apart long before any rematch with Dubois materializes.

Avenging the June 2024 stoppage loss on cuts against Dubois makes complete sense for Hrgovic. Arriving as a reigning champion provides the bargaining chip Dubois actually wants.

Drop the belt to Sanchez, and that leverage disappears instantly. Hrgovic and Connolly keep staring at the massive prize down the road, but brushing off an elite contender as a minor chore could turn into a costly mistake.

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David Benavidez Finally Pursues Canelo Alvarez Three Years Later

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"David Benavidez Finally Pursues Canelo Alvarez Three Years Later"

David Benavidez has finally conceded that a fight with Canelo Alvarez will never happen, admitting that reality years after his climb up the divisions settled the question.

Benavidez currently fights at cruiserweight, two full divisions above super middleweight, while openly discussing a future heavyweight jump against Oleksandr Usyk. He has not made 168 pounds since 2023. Any realistic window to face Canelo closed several weight classes ago.

“I think honestly I could say with confidence that that fight is never going to happen,” Benavidez told Brian Custer.

When Brian asked if he had permanently moved on, Benavidez praised Canelo, yet still claimed the Mexican star simply refused to face him.

“I don’t want to keep disrespecting somebody … not even disrespecting, but just calling somebody out that doesn’t want to fight,” he said.

That rationale ignores the massive physical gap separating them today. Critics can reasonably argue Canelo should have met Benavidez when both shared the 168-pound division. That complaint loses all weight with Benavidez now preparing for Michal Cieslak at 200 pounds.

His prospective roadmap includes Jai Opetaia, Artur Beterbiev, and eventual heavyweight tests. None of those plans lead anywhere near Canelo.

A logical alternative after Canelo fell to Terence Crawford would have been targeting Crawford directly. Crawford had talked of entering boxing’s Mount Rushmore. The public intrigue around him was at an all-time peak, and Turki Alalshikh held the purse strings to fund virtually any blockbuster Crawford wanted next.

If Benavidez truly wanted to settle the score on the belts Canelo kept out of reach, Crawford was the obvious lever to pull. Instead of shifting his crosshairs to the newly crowned undisputed champion, Benavidez let the moment disappear.

“He’s a great fighter. He’s a legend,” Benavidez said. “I would like to be a great Mexican legend like him one day.”

Calling yourself a future Mexican legend sounds nice in an interview, but looking at the actual resume tells a different story. Canelo earned that status by taking on the toughest challenges available from junior middleweight all the way to light heavyweight, facing elite operators like Floyd Mayweather Jr., Gennadiy Golovkin, Miguel Cotto, and Dmitry Bivol.

Benavidez is nowhere near that neighborhood. Instead of securing defining legacy bouts, he is lining up voluntary defenses against Michal Cieslak at 200 pounds. While Cieslak is a capable European contender, nobody outside of hard-core circles is paying to see that fight. It does nothing to elevate Benavidez to the pantheon of Mexican greats.

If Benavidez genuinely wanted to close the gap on Canelo, he needed to make real waves. Taking out Gilberto Ramirez was a solid win, but sitting on belts and scheduling low-demand opponents like Cieslak keeps him in neutral. Fighting fringe contenders at cruiserweight only proves that while he talks about chasing history, his matchmaking still trails far behind the standard Canelo set.

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BoxingNews24.com has delivered independent boxing coverage since 2007, including original news, fight analysis, schedules, and results. Our experienced boxing writers cover major fighters and events worldwide, with published content reviewed by editors for accuracy.

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Adrien Broner Evaluates Floyd Mayweathers Odds Against Ryan Garcia at 49

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"Adrien Broner Evaluates Floyd Mayweather's Odds Against Ryan Garcia at 49"

Rumours of a left-field bout between WBC welterweight world champion Ryan Garcia and boxing icon Floyd Mayweather surfaced earlier this month.

Garcia has publicly addressed the talkconfirming that an offer is on the table but setting strict conditions for his participation.

Taking to social media, the 28-year-old active champion outright rejected the idea of an exhibition match, stating that he will only accept a licensed professional contest that puts Mayweather’s legendary 50-0 undefeated record at risk.

In his comments on X, Garcia claimed that Mayweather was the one who initiated contact, stating:

“I’m ready Floyd, remember you made this call. I’m just returning the favor. Offer is on the table … Let’s see how much you love that ‘0’… And no I wouldn’t do an exhibition I want his 0 on the f—ing line”.

Mayweather has not fought in a sanctioned professional bout since his 2017 victory over Conor McGregor, competing exclusively in exhibitions since that time. A scheduled professional return in a rematch against Manny Pacquiao was postponed due to legal issues on the American’s side.

Despite all of the above, four-weight champion Adrien Broner recently told Garcia to his face that Mayweather beats him.

“Floyd [wins]. Floyd gonna smoke bruh.”

Garcia was then animated about the potential fight, saying:

“I’ll knock out Floyd. If I get him hurt, it’s over. I’m not letting him go. I’ve seen him, he’s a small man. I don’t give a f**k what his name is, I don’t believe in acronyms. You know what? F**k him.”

Most fans will remain unconvinced that the fight happens, and be content with that given Mayweather’s age and inactivity.

Garcia – who recently defended his belt with a blistering second round stoppage over Conor Benn – instead seems poised to face Teofimo Lopez in a welterweight unification bout, that is if Lopez’s appeal to the WBA to bypass mandatory challenger Jack Catterall is successful.

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